The New Energy Crisis : Climate, Economics and Geopolitics

__The New Energy Crisis__ comes from the recent intrusion of climate change issues into energy economics and geopolitics. Global warming suddenly reveals that the current evolution of the world energy consumption is on an unsustainable path. This book explores economic and geopolitical tensions and reinforces ways to overcome the crisis. The New Energy Crisis comes from the recent intrusion of climate change issues into energy economics and geopolitics. Global warming reveals that the current evolution of the world energy consumption is on an unsustainable path. This book explores economic and geopolitical tensions and reinforces ways to overcome the crisis. Global warming reveals that the current evolution of the world consumption is on an unsustainable path. Humankind's insatiable appetite for energy has sparked a new crisis. In a world where climate change has become a proven reality, there lies a deep uncertainty about the physical, economic and social impacts of this phenomenon. The New Energy Crisis examines the impact of climate change issues into energy economics and geopolitics. Climate is a public resource that needs to be universally managed. The world economy has become global, but the world geopolitics has not. Nations are still here, defending their wealth, their local interests and their ambitions. This book follows a regional approach to improve our understanding of the dynamics of a multi-power world. Each region has its own specifications in terms of resource endowment, history and sensitivity to climate change. For millions of people economics growth is a priority, meaning increased energy consumption. The recent energy crisis exacerbates economic and geopolitical tensions. This book offers a concise view of what is in store for our future, and proposes that the real challenge of the century is to reinforce world governance to overcome this crisis. Solidarity between nations, people, and generations is the key Cover......Page 1 Contents......Page 6 List of Figures......Page 8 List of Tables......Page 9 List of Boxes......Page 10 Notes on the Contributors......Page 12 Foreword......Page 15 Introduction......Page 18 1 The New Energy Crisis......Page 23 2 The Questioned Sustainability of the Carbon-Dependent Asian Dynamics......Page 77 3 Russia and the Caspian Region: Between East and West......Page 102 4 Energy Poverty and Economic Development......Page 132 5 Oil and Gas Resources of the Middle East and North Africa: a Curse or a Blessing?......Page 162 6 The United States Energy Policy: At a Turning Point......Page 190 7 Climate Change, Security of Supply and Competitiveness: Does Europe Have the Means to Implement its Ambitious Energy Vision?......Page 219 8 Energy Finance: the Case for Derivatives Markets......Page 248 9 Winning the Battle?......Page 273 B......Page 298 C......Page 299 D......Page 300 E......Page 301 F......Page 302 G......Page 303 I......Page 304 L......Page 305 N......Page 306 P......Page 307 R......Page 308 S......Page 309 T......Page 310 W......Page 311 Z......Page 312