‘Toothless’ sanctions
Why the world’s largest waste management company made a $3 billion bet on the US.
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Summaries by Jason Bordoff & Geoffrey M. Heal • January 01, 2025
This response reflects the authors’ understanding of key points made in the course of the discussion. It does not necessarily represent the views of the Center on Global Energy Policy. The summary may be subject to further revision.
Contributions to SIPA for the benefit of CGEP are general use gifts, which gives the Center discretion in how it allocates these funds. More information is available on our Partners page. Rare cases of sponsored projects are clearly indicated.
EDITORIAL NOTE: The below working papers and supporting analysis were developed in response to an article published in Nature Climate Change by SIPA Professor Doug Almond along with Xinming Du and Anna Papp, “Favorability towards natural gas relates to funding source of university energy centers.”
As of September 2025, the document titled, “9.17.25 Funding Sources and Research Conclusions” is available on SSRN, which finds that the Almond et al. analysis does not support the conclusion that CGEP’s research is influenced by its funding. The published article can be found below:
Other articles on this topic, including, “2.18.25 Comments on Almond et al. Favorability towards natural gas relates to funding source of university energy centers” which was submitted to Nature Climate Change, can be found below:
Last month, the Trump administration imposed fresh sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, signaling a renewed desire to drive Moscow to the negotiating table in its war against Ukraine. But although these measures have the potential to harm the Russian economy, just how much damage they inflict will depend largely on one actor: Beijing. China bought almost half the oil Russia exported in 2024, evading Washington’s existing restrictions in the process. And new sanctions alone will do little to push China into significantly reducing its purchases.
Connecticut needs an honest debate, and fresh thinking, to shape a climate strategy fit for today, not 2022.
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Summaries by Jason Bordoff & Geoffrey M. Heal • January 01, 2025