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To Speed Up Coal Plant Retirement, Policymakers Need to Better Understand the Costs and Benefits

By Rishikesh Ram Bhandary and Kevin P. Gallagher Coal-fired power plants will have to be rapidly phased down to meet the Paris Agreement targets and avoid the catastrophic costs of inaction on climate change. At ...
The Asia-Pacific’s New Oil Order
A pedestrian reads a sign at a petrol station in Tacloban City, Leyte province, central Philippines on March 30, 2026. Photo by MARLON TANO / AFP
In response to Iran’s partial closure of the Strait of Hormuz, the United States has begun implementing a counter-blockade—leveraging naval patrols, sanctions enforcement, and selective interdictions to constrain Iranian oil exports and raise the costs of Tehran’s strategy. Rather than restoring stability, however, this tit-for-tat dynamic is accelerating fragmentation in global ...

To Speed Up Coal Plant Retirement, Policymakers Need to Better Understand the Costs and Benefits

By Rishikesh Ram Bhandary and Kevin P. Gallagher Coal-fired power plants will have to be rapidly phased down to meet the Paris Agreement targets and avoid the catastrophic costs of inaction on climate change. At ...
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