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Mongolia is one among a small handful of places left in the world with major untouched mineral deposits. But investing successfully in its mining industry demands more than just money and a willingness to take risks; it requires understanding the country's vulnerable geography and byzantine political environment.
The U.S. energy revolution is not confined to a single fuel or technology: oil and gas production, renewable energy, and fuel-efficient automobile technologies all show great promise. To best position the country for the future, U.S. leaders should capitalize on all these opportunities rather than pick a favorite; the answer lies in ‘most of the above.’
Exploratory drilling near the coasts of Cyprus, Egypt, Israel, Lebanon, Syria, and Turkey has unearthed vast reserves of natural gas. Competition over the rights to tap those resources is compounding existing tensions over sovereignty and maritime borders. The eastern Mediterranean is quickly becoming as volatile as its eastern cousin, the South China Sea.
Mongolia enjoys one of the fastest-growing economies in the world. But the dramatic increases in the country's GDP are riddled with ambiguity, as widespread corruption and an unsustainable dependence on mining raise questions for the future. Absent better planning and more government regulation, Mongolia's problems will only worsen.
The policy community has long prophesied about the coming water wars. But don't expect them anytime soon. More likely, tensions over access will merely exacerbate existing regional conflicts.
In light of the killing of the U.S. ambassador, it’s tempting to be pessimistic about Libya. But just a year after the fall of a long-standing tyrant, the country is moving on and has peacefully elected a new government. As it turns out, building a functioning state from scratch can be a good thing.
The warnings of The Limits to Growth were far more prescient than Bjørn Lomborg suggests, argue several critics, including two of the book’s authors. No they weren’t, Lomborg insists.
Bjørn Lomborg’s recent essay on environmental alarmism overlooked a number of grave threats to the planet, most notably overconsumption. As poorer countries grow out of poverty, the developed world must scale back how rapidly it devours natural resources.
Despite high expectations and an ambitious agenda, the Rio+20 Conference failed to deliver meaningful progress on environmental issues. Fortunately, government inaction is not the whole story: the private sector, NGOs, and civil society groups are working to fill the void.
Forty years ago, the Club of Rome produced a best-selling report warning humanity that its escalating wants were on a collision course with the world’s finite resources and that the only way to avoid a crash was to stop chasing economic growth. The predictions proved spectacularly wrong. But the environmental alarmism they engendered persists, making it harder for policymakers to respond rationally to real problems today.
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