In recent years, natural gas prices in the United States have gone from historic highs of over $12 per mmBtu in the summer of 2008, to under $2.50/mmBtu in 2012. While demand side factors – such as the crisis in global financial markets – were partially to blame, many would argue that the real story is on the supply side, where increased production of shale gas – a form of unconventional natural gas trapped in leafy shale rock – drove gas prices down across the continent. The impact of low gas prices was felt in the form of cheap electricity, heating, and feedstocks to consumers and industry, which in turn bolstered the economic recovery. As an added bonus, cheap gas displaced dirty coal in power generation, reducing carbon emissions and pollution.

It is no wonder then, that when a recent U.S. Energy Information Administration publication on world wide reserves of shale gas crowned China as the holder of the world’s largest shale gas reserves, many inside and outside the Middle Kingdom were intrigued and enthralled by the possibilities of what shale gas could mean for China – in terms of climate, pollution, quality of life – and what it could mean for the broader international gas trade.

In this upcoming EWG talk, we will highlight some of the current activities and future plans for unconventional gas development in China. We will focus on the political, institutional, and commercial forces at play, and discuss some of the potential upsides and pitfalls that China will encounter on the road to realizing its unconventional gas potential.

The Modern European History Lecture Series presents “Everyday Empire: Habsburg Central Europe in the Nineteenth Century” a talk by Pieter M. Judson, the Isaac H. Clothier Professor of History and International Relations at Swarthmore College.

Sponsored by the Department of History, the Europe Center and Introduction to the Humanities

Connecting the Dots conference website

Stanford experts from a range of disciplines discuss the interconnections and interactions among humanity's needs for and use of water, food, energy, and environment. Drawing on their own research, the speakers illustrate and evaluate some of the ways in which decisions in one resource area can lead to trade-offs or co-benefits in others. Participants examine sustainable freshwater resources and uses in Africa, Asia, and the arid West. 

Panel: Africa - Water, Nutrition, Health and Poverty

China: Water, Food, Climate, and Policy

Timed between the election's first and second rounds, this discussion brings together noted scholars and authors with unique and deep insight into contemporary French political culture.

Co-sponsored by the Europe Center and the French Culture Workshop

A brief write-up of this discussion titled "French vote a rejection of Sarkozy, panelists say" can be found in the May 7, 2012 edition of the Stanford Daily.

Event Summary:

Arthur Goldhammer opens the panel by arguing that the first round of the French presidential elections, not the second, are "the real story." For the first time in the history of the Fifth Republic, divisions between left and right were less pronounced than between the top two tiers of candidates (Hollande/Sarkozy, and Melénchon/Le Pen) especially regarding their attitudes toward European integration, globalization, and the Euro. Goldhammer points out that given France's role as a top global investor as well as a leading destination for foreign investment, the anti-globalization stance of the second tier candidates is unrealistic, although it enjoyed broad support at the polls. Sarkozy responded to this show of support by attacking the Shengen agreement and other aspects of the EU in a bid to win votes, while Hollande kept a low profile on the same issues. If Hollande wins, Goldhammer predicts, he will be tested by the markets and the global financial industry. He also points out that the Socialist and UNP parties are both internally divided on important issues.  If Sarkozy loses and decides to leave politics, Goldhammer predicts a power struggle for leadership of the party.

Laurent Cohen-Tanugi predicts that if Hollande wins, the outcome will be a statement against Sarkozy more than one in favor of Hollande. He echoes Arthur Goldhammer's concern about a strong market reaction to a victory by Hollande, who has positioned himself as pro-growth and has sanctioned Sarkozy for his strict austerity measures. Cohen-Tanugi adds that Hollande's focus is on domestic politics, and that he lacks significant international experience. Whoever wins, he cautions, France is in for difficult times.

Jimia Boutouba describes the rise of the extreme right – which has invoked nostalgia for a pre-globalization era - leading up to the elections. This rise has been dominated by Marine Le Pen and the Front National, which vows to defend the "French way of life" and (like Sarkozy as the election neared) has made anti-immigration rhetoric a key component of its platform. Le Pen, however, has attracted many first time, rural, and female voters, and has been successful in setting the tone and the agenda of national politics. Boutouba sees several problems with this trend toward defining the nation by what it opposes (Islam, globalization, international finance, etc), and warns it can be very disruptive to the political system, pointing to the recent fall of the Dutch government. More significantly, the anti-immigrant tone of the discourse discourages second and third generation descendants of immigrants from voting or participating in the political process.

A question and answer session following the roundtable addressed such questions as: Have both Hollande and Sarkozy radicalized their rhetoric and proposals to win support from far right and far left voters? Will the taxes and government spending (which is already very high in France, at 57%) promised by some politicians choke private sector growth? Which candidate will be most attractive to this new generation of French college graduates? What are the main differences between the three potential leaders currently jockeying for control of Sarkozy's party? To what extent would a Hollande presidency be beholden to Communists, Greens, and other extreme left parties? How will a Hollande presidency affect France's involvement with NATO, and relations with the United States? What are the prospects for the future of the Euro?

There are currently 60 nuclear reactors under construction worldwide with nearly half of these projects being built in China. There is no doubt that East Asia is emerging as a leader in the international nuclear community where China and the Republic of Korea (ROK) are playing major roles as a result of their aggressive new plant build programs. Both China and South Korea present very interesting case studies where the former is rapidly building up domestic expertise in nuclear construction while the latter has gone one step further in capitalizing successfully on a nuclear export business. Both countries have relied heavily on external commercial support in building up this expertise. In the case of South Korea, the “Koreanization” of nuclear power took place in the 1980’s and 1990’s, first with a large number of Western builds and ultimately a complete indigenization of pressurized water reactor technology through a technology transfer with Combustion Engineering. The Chinese domestic nuclear program has been largely influenced by Western vendors as well; however, there has been significantly less emphasis on exporting the technology up to now as they master the imported technologies for their domestic program. The recent AP1000 technology transfer between Westinghouse Electric Company and China has opened up unique transnational learning opportunities between the United States and China where the lessons learned building the first AP1000 plants in China will be shared with the two U.S. utilities now embarking on new plant construction at the Vogtle and V.C. Summer sites, in Georgia and South Carolina, respectively. This talk will review both the historical experiences of exporting nuclear technology to the ROK and China, as well as the progress being made by these countries in absorbing the technology. Further, the AP1000 passive plant technology will be summarized as an example of the general trend for future designs in response to the reactor accidents at Fukushima Dai-ichi in March 2011. Finally, the advanced construction techniques being used to build AP1000 plants in both the U.S. and China will be highlighted along with their benefits in delivering new plants on schedule.

About the speaker: Dr Matzie is the former Senior Vice President and Chief Technology Officer for Westinghouse Electric Company and was responsible for all Westinghouse research and development undertakings and advanced nuclear plant development. He is also on the Board of PBMR Pty Ltd. and Chairman of the Board Technical Committee. In that role, he assures proper oversight of the design, safety, licensing, research and development, and quality aspects of the PBMR enterprise.

Previously, Dr Matzie was responsible for the development, licensing, detailed engineering, project management, and component manufacturing of new Westinghouse light water reactors and was also the Executive in charge of Westinghouse replacement steam generator projects and dry spent-fuel-canister fabrication projects. He became a Senior Vice President in 2000, when Westinghouse purchased the nuclear businesses of ABB. His career has been devoted primarily to the development of advanced nuclear systems and advanced fuel cycles, and he is the author of more than 120 technical papers and reports on these subjects.

Diego García-Sayán was elected President of the Inter-American Court of Human Rights for the 2010-11 and reelected for the term 2012-2013. He was the first Peruvian to be elected President of the Court. He has  served as a judge on the court since 2004. During his distinguished career, Judge García-Sayán has served as Minister of Justice of Perú, and Minister for Foreign Affairs of Perú and as a member of the Peruvian Congress.  He founded the Andean Commission of Jurists and was the Chairperson of the United Nations Working Group on Enforced or Involuntary Disappearances.  Judge García-Sayán is a university professor at Pontifical Catholic University of Peru and author of many publications on international law and human rights.