Windfall

How the New Energy Abundance Upends Global Politics and Strengthens America's Power

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Author: Meghan L. O'Sullivan

Publisher: Simon & Schuster

ISBN: 1501107941

Category: Political Science

Page: 480

View: 1904

“Riveting and comprehensive...a smart, deeply researched primer on the subject.”—The New York Times Book Review Windfall is the boldest profile of the world’s energy resources since Daniel Yergin’s The Quest, asserting that the new energy abundance—due to oil and gas resources once deemed too expensive—is transforming the geo-political order and is boosting American power. As a new administration focuses on driving American energy production, O’Sullivan’s “refreshing and illuminating” (Foreign Policy) Windfall describes how new energy realities have profoundly affected the world of international relations and security. New technologies led to oversupplied oil markets and an emerging natural gas glut. This did more than drive down prices—it changed the structure of markets and altered the way many countries wield power and influence. America’s new energy prowess has global implications. It transforms politics in Russia, Europe, China, and the Middle East. O’Sullivan considers the landscape, offering insights and presenting consequences for each region’s domestic stability as energy abundance upends traditional partnerships, creating opportunities for cooperation. The advantages of this new abundance are greater than its downside for the US: it strengthens American hard and soft power. This is “a powerful argument for how America should capitalise on the ‘New Energy Abundance’” (The Financial Times) and an explanation of how new energy realities create a strategic environment to America’s advantage.

Windfall

How the New Energy Abundance Upends Global Politics and Strengthens America's Power

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Author: Meghan L. O'Sullivan

Publisher: Simon and Schuster

ISBN: 150110795X

Category: Political Science

Page: 496

View: 6167

“Riveting and comprehensive...a smart, deeply researched primer on the subject.”—The New York Times Book Review Windfall is the boldest profile of the world’s energy resources since Daniel Yergin’s The Quest, asserting that the new energy abundance—due to oil and gas resources once deemed too expensive—is transforming the geo-political order and is boosting American power. As a new administration focuses on driving American energy production, O’Sullivan’s “refreshing and illuminating” (Foreign Policy) Windfall describes how new energy realities have profoundly affected the world of international relations and security. New technologies led to oversupplied oil markets and an emerging natural gas glut. This did more than drive down prices—it changed the structure of markets and altered the way many countries wield power and influence. America’s new energy prowess has global implications. It transforms politics in Russia, Europe, China, and the Middle East. O’Sullivan considers the landscape, offering insights and presenting consequences for each region’s domestic stability as energy abundance upends traditional partnerships, creating opportunities for cooperation. The advantages of this new abundance are greater than its downside for the US: it strengthens American hard and soft power. This is “a powerful argument for how America should capitalise on the ‘New Energy Abundance’” (The Financial Times) and an explanation of how new energy realities create a strategic environment to America’s advantage.

Windfall

How the New Energy Abundance Upends Global Politics and Strengthens America’s Power

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Author: Meghan L. O'Sullivan

Publisher: Simon and Schuster

ISBN: 1501107933

Category: Political Science

Page: 496

View: 9952

The Harvard professor argues that fears of energy scarcity have resulted in energy abundance, and describes how new energy realities create a strategic environment to Americas advantage.

Taming the Sun

Innovations to Harness Solar Energy and Power the Planet

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Author: Varun Sivaram

Publisher: MIT Press

ISBN: 0262345617

Category: Political Science

Page: 392

View: 3577

Solar energy, once a niche application for a limited market, has become the cheapest and fastest-growing power source on earth. What's more, its potential is nearly limitless -- every hour the sun beams down more energy than the world uses in a year. But in Taming the Sun, energy expert Varun Sivaram warns that the world is not yet equipped to harness erratic sunshine to meet most of its energy needs. And if solar's current surge peters out, prospects for replacing fossil fuels and averting catastrophic climate change will dim. Innovation can brighten those prospects, Sivaram explains, drawing on firsthand experience and original research spanning science, business, and government. Financial innovation is already enticing deep-pocketed investors to fund solar projects around the world, from the sunniest deserts to the poorest villages. Technological innovation could replace today's solar panels with coatings as cheap as paint and employ artificial photosynthesis to store intermittent sunshine as convenient fuels. And systemic innovation could add flexibility to the world's power grids and other energy systems so they can dependably channel the sun's unreliable energy. Unleashing all this innovation will require visionary public policy: funding researchers developing next-generation solar technologies, refashioning energy systems and economic markets, and putting together a diverse clean energy portfolio. Although solar can't power the planet by itself, it can be the centerpiece of a global clean energy revolution. A Council on Foreign Relations Book

Shrewd Sanctions

Statecraft and State Sponsors of Terrorism

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Author: Meghan L. O'Sullivan

Publisher: Brookings Institution Press

ISBN: 9780815706007

Category: Political Science

Page: 424

View: 5926

Policymakers will need all the tools at their disposal to craft an effective response to international terrorism and to protect and promote other U.S. interests in the coming decades. In this quest to shape the right strategies for the challenges ahead, economic instruments will play a central role. O'Sullivan, an expert on the use of positive and negative tools of economic statecraft, argues that in the post-September 11th international climate, the United States will be even more willing to use its economic power to advance its foreign policy goals than it has in the past. This impulse, she argues, can lead to a more effective foreign policy given the many ways in which sanctions and incentives can forcefully advance U.S. interests. But a recalibration of these tools—sanctions in particular—is necessary in order for them to live up to their potential. Critical to such a reassessment is a thorough understanding of how the post-cold war international environment—globalization and American primacy in particular—has influenced how sanctions work. O'Sullivan addresses this issue in a thorough examination of sanctions-dominated policies in place against Iran, Iraq, Libya, and Sudan. Her findings not only highlight the many ways in which sanctions have often been poorly suited to achieve their goals in the past, but also suggest how policymakers might use these tools to better effect in the future. This book will provide a valuable resource for policymakers groping to find the right set of instruments to address both the old and the new challenges facing the United States. It will also serve as an important resource to those interested in U.S. policy toward 'rogue' states and in the status of the sanctions debate between policymakers and scholars.

The Geopolitics of Renewables

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Author: Daniel Scholten

Publisher: Springer

ISBN: 3319678558

Category: Business & Economics

Page: 338

View: 496

Renewables are a game changer for interstate energy relations. Their abundance and intermittency, possibilities for decentral generation and use of rare earth materials, and generally electric nature of transportation make them very different from fossil fuels. What do these geographic and technical characteristics of renewable energy systems imply for infrastructure topology and operations, business models, and energy markets? What are the consequences for the strategic realities and policy considerations of producer, consumer, and transit countries and energy-related patterns of cooperation and conflict between them? Who are the winners and losers? The Geopolitics of Renewables is the first in-depth exploration of the implications for interstate energy relations of a transition towards renewable energy. Fifteen international scholars combine insights from several disciplines - international relations, geopolitics, energy security, renewable energy technology, economics, sustainability transitions, and energy policy - to establish a comprehensive overview and understanding of the emerging energy game. Focus is on contemporary developments and how they may shape the coming decades on three levels of analysis: · The emerging global energy game; winners and losers · Regional and bilateral energy relations of established and rising powers · Infrastructure developments and governance responses The book is recommended for academics and policy makers. It offers a novel analytical framework that moves from geography and technology to economics and politics to investigate the geopolitical implications of renewable energy and provides practical illustrations and policy recommendations related to specific countries and regions such as the US, EU, China, India, OPEC, and Russia

The Accidental Superpower

The Next Generation of American Preeminence and the Coming Global Disorder

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Author: Peter Zeihan

Publisher: Twelve

ISBN: 1455583677

Category: Political Science

Page: 352

View: 2020

In the bestselling tradition of The World Is Flat and The Next 100 Years, THE ACCIDENTAL SUPERPOWER will be a much discussed, contrarian, and eye-opening assessment of American power. Near the end of the Second World War, the United States made a bold strategic gambit that rewired the international system. Empires were abolished and replaced by a global arrangement enforced by the U.S. Navy. With all the world's oceans safe for the first time in history, markets and resources were made available for everyone. Enemies became partners. We think of this system as normal-it is not. We live in an artificial world on borrowed time. In THE ACCIDENTAL SUPERPOWER, international strategist Peter Zeihan examines how the hard rules of geography are eroding the American commitment to free trade; how much of the planet is aging into a mass retirement that will enervate markets and capital supplies; and how, against all odds, it is the ever-ravenous American economy that-alone among the developed nations-is rapidly approaching energy independence. Combined, these factors are doing nothing less than overturning the global system and ushering in a new (dis)order. For most, that is a disaster-in-waiting, but not for the Americans. The shale revolution allows Americans to sidestep an increasingly dangerous energy market. Only the United States boasts a youth population large enough to escape the sucking maw of global aging. Most important, geography will matter more than ever in a de-globalizing world, and America's geography is simply sublime.

The Switch

America's Global Energy Renaissance

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Author: Dan K. Eberhart

Publisher: Greenleaf Book Group

ISBN: 1626342598

Category: Business & Economics

Page: 272

View: 7597

The Rebirth of Energy Security in America ​For the first time in decades, the US has a rare opportunity to realistically reject oil supplies from other nations. It’s a goal that has eluded us through eight presidencies. But recent advances in hydraulic fracturing (or fracking) technology have catapulted the US into its current position as the world’s #1 oil producer, surpassing energy powerhouses like Saudi Arabia. In The Switch, Dan K. Eberhart addresses a fascinating question: What would happen if the US became energy self-sufficient? • Would the Middle East look to China as its new ally and energy buyer? • Would petrostates find new markets or would their governments collapse as their oil revenues take a free fall? • Would the US lift the crude oil export ban and help friendly nations such as Ukraine free themselves from the yoke of Russian oil? • Would the US use its newfound energy wealth to become more isolationist and remove itself from the position of “global police force?” To answer these questions—and to explore the complex relationship between the US and foreign oil producers—Eberhart uses a combination of firsthand interviews, vignettes, and reporting. The result is a clear and engaging analysis of where America’s energy is coming from, where it could go, and how US energy is fundamentally shifting geopolitics and the domestic economy.

U.S. Energy Policy and the Pursuit of Failure

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Author: Peter Z. Grossman

Publisher: Cambridge University Press

ISBN: 1107328268

Category: Business & Economics

Page: N.A

View: 4324

U.S. Energy Policy and the Pursuit of Failure is an analytic history of American energy policy. For the past forty years, the U.S. government has tried to develop comprehensive policies on energy, yet these efforts have failed repeatedly. These failures have not resulted from a lack of will or funds but rather from an inability to differentiate between what could be undertaken and what could actually be accomplished. This book explains how and why various policy efforts have come about, shows why politicians have been eager to back them, and analyzes why they have inevitably failed. Over the past four decades, U.S. energy policy makers have pursued not just policies that have failed but also a policy process that leads to failure.

Sun Above the Horizon

Meteoric Rise of the Solar Industry

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Author: Peter F. Varadi

Publisher: CRC Press

ISBN: 9814463817

Category: Science

Page: 548

View: 3270

The meteoric rise of the photovoltaic (PV) industry is an incredible story. In 2013, Google’s investments in PV systems totaled about half a billion dollars and Warren Buffet, one of the famous investors, invested $2.5 billion in the world’s largest PV system in California. These gigantic investments by major financial players were made only 40 years after the first two terrestrial PV companies, Solarex and Solar Power Corporation, were formed in the USA. Back in 1973, the two companies employed 20 people and produced only 500 watts of PV power. Now, just 40 years later, over a million people work in the PV industry. The worldwide capacity of operating PV electric generators equals the capacity of about 25 nuclear power plants. The PV industry is growing at an annual rate of 30 percent, equivalent to about five new nuclear power plants per year. Today, solar electricity is a significant supplier of electricity needs, to the extent that PV is forcing the restructuring of 100-year-old electric power utilities. This book describes how this happened and what lies ahead for PV power generation.

Energy

A Human History

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Author: Richard Rhodes

Publisher: Simon and Schuster

ISBN: 150110537X

Category: Technology & Engineering

Page: 480

View: 1204

Pulitzer Prize- and National Book Award-winning author Richard Rhodes reveals the fascinating history behind energy transitions over time—wood to coal to oil to electricity and beyond. People have lived and died, businesses have prospered and failed, and nations have risen to world power and declined, all over energy challenges. Ultimately, the history of these challenges tells the story of humanity itself. Through an unforgettable cast of characters, Pulitzer Prize-winning author Richard Rhodes explains how wood gave way to coal and coal made room for oil, as we now turn to natural gas, nuclear power, and renewable energy. Rhodes looks back on five centuries of progress, through such influential figures as Queen Elizabeth I, King James I, Benjamin Franklin, Herman Melville, John D. Rockefeller, and Henry Ford. In Energy, Rhodes highlights the successes and failures that led to each breakthrough in energy production; from animal and waterpower to the steam engine, from internal-combustion to the electric motor. He addresses how we learned from such challenges, mastered their transitions, and capitalized on their opportunities. Rhodes also looks at the current energy landscape, with a focus on how wind energy is competing for dominance with cast supplies of coal and natural gas. He also addresses the specter of global warming, and a population hurtling towards ten billion by 2100. Human beings have confronted the problem of how to draw life from raw material since the beginning of time. Each invention, each discovery, each adaptation brought further challenges, and through such transformations, we arrived at where we are today. In Rhodes’s singular style, Energy details how this knowledge of our history can inform our way tomorrow.

The New Geopolitics of Natural Gas

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Author: Agnia Grigas

Publisher: Harvard University Press

ISBN: 0674978102

Category: Political Science

Page: 416

View: 5297

As the United States aggressively expands its exports of liquefied natural gas, it stands poised to become an energy superpower. This unanticipated reality is rewriting the conventional rules of intercontinental gas trade and realigning strategic relations among the United States, the European Union, Russia, China and beyond, as Agnia Grigas shows.

The Absent Superpower

The Shale Revolution and a World Without America

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Author: Peter Zeihan

Publisher: N.A

ISBN: 9780998505206

Category: Political Science

Page: 422

View: 938

In 2014's The Accidental Superpower, geopolitical strategist Peter Zeihan made the case that geographic, demographic and energy trends were unravelling the global system. Zeihan takes the story a step further in The Absent Superpower, mapping out the threats and opportunities as the world descends into Disorder.

Unfinished Business

The Unexplored Causes of the Financial Crisis and the Lessons Yet to Be Learned

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Author: Tamim Bayoumi

Publisher: Yale University Press

ISBN: 0300225636

Category: Business & Economics

Page: 286

View: 389

A penetrating critique tracing how under-regulated trading between European and U.S. banks led to the 2008 financial crisis--with a prescription for preventing another meltdown There have been numerous books examining the 2008 financial crisis from either a U.S. or European perspective. Tamim Bayoumi is the first to explain how the Euro crisis and U.S. housing crash were, in fact, parasitically intertwined. Starting in the 1980s, Bayoumi outlines the cumulative policy errors that undermined the stability of both the European and U.S. financial sectors, highlighting the catalytic role played by European mega banks that exploited lax regulation to expand into the U.S. market and financed unsustainable bubbles on both continents. U.S. banks increasingly sold sub-par loans to under-regulated European and U.S. shadow banks and, when the bubbles burst, the losses whipsawed back to the core of the European banking system. A much-needed, fresh look at the origins of the crisis, Bayoumi's analysis concludes that policy makers are ignorant of what still needs to be done both to complete the cleanup and to prevent future crises.

Governing Extractive Industries

Politics, Histories, Ideas

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Author: Anthony Bebbington,Abdul-Gafaru Abdulai,Denise Humphreys Bebbington,Director of Research and Programs Marja Hinfelaar,Vice President for Research and Full Professor of Political Science Cynthia Sanborn

Publisher: Oxford University Press

ISBN: 0198820933

Category: Business & Economics

Page: 304

View: 6264

This book synthesizes findings regarding the political drivers of institutional change in extractive industry governance. It analyses resource governance from the late nineteenth century to the present in Bolivia, Ghana, Peru, and Zambia, focusing on the ways in which resource governance and national political settlements interact.

Crude Volatility

The History and the Future of Boom-Bust Oil Prices

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Author: Robert McNally

Publisher: Columbia University Press

ISBN: 0231543689

Category: Business & Economics

Page: 288

View: 3643

As OPEC has loosened its grip over the past ten years, the oil market has been rocked by wild price swings, the likes of which haven't been seen for eight decades. Crafting an engrossing journey from the gushing Pennsylvania oil fields of the 1860s to today's fraught and fractious Middle East, Crude Volatility explains how past periods of stability and volatility in oil prices help us understand the new boom-bust era. Oil's notorious volatility has always been considered a scourge afflicting not only the oil industry but also the broader economy and geopolitical landscape; Robert McNally makes sense of how oil became so central to our world and why it is subject to such extreme price fluctuations. Tracing a history marked by conflict, intrigue, and extreme uncertainty, McNally shows how—even from the oil industry's first years—wild and harmful price volatility prompted industry leaders and officials to undertake extraordinary efforts to stabilize oil prices by controlling production. Herculean market interventions—first, by Rockefeller's Standard Oil, then, by U.S. state regulators in partnership with major international oil companies, and, finally, by OPEC—succeeded to varying degrees in taming the beast. McNally, a veteran oil market and policy expert, explains the consequences of the ebbing of OPEC's power, debunking myths and offering recommendations—including mistakes to avoid—as we confront the unwelcome return of boom and bust oil prices.

Straight Talk on Trade

Ideas for a Sane World Economy

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Author: Dani Rodrik

Publisher: Princeton University Press

ISBN: 1400888905

Category: Business & Economics

Page: 336

View: 1581

An honest discussion of free trade and how nations can sensibly chart a path forward in today’s global economy Not so long ago the nation-state seemed to be on its deathbed, condemned to irrelevance by the forces of globalization and technology. Now it is back with a vengeance, propelled by a groundswell of populists around the world. In Straight Talk on Trade, Dani Rodrik, an early and outspoken critic of economic globalization taken too far, goes beyond the populist backlash and offers a more reasoned explanation for why our elites’ and technocrats’ obsession with hyper-globalization made it more difficult for nations to achieve legitimate economic and social objectives at home: economic prosperity, financial stability, and equity. Rodrik takes globalization’s cheerleaders to task, not for emphasizing economics over other values, but for practicing bad economics and ignoring the discipline’s own nuances that should have called for caution. He makes a case for a pluralist world economy where nation-states retain sufficient autonomy to fashion their own social contracts and develop economic strategies tailored to their needs. Rather than calling for closed borders or defending protectionists, Rodrik shows how we can restore a sensible balance between national and global governance. Ranging over the recent experiences of advanced countries, the eurozone, and developing nations, Rodrik charts a way forward with new ideas about how to reconcile today’s inequitable economic and technological trends with liberal democracy and social inclusion. Deftly navigating the tensions among globalization, national sovereignty, and democracy, Straight Talk on Trade presents an indispensable commentary on today’s world economy and its dilemmas, and offers a visionary framework at a critical time when we need it most.

Fueling Freedom

Exposing the Mad War on Energy

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Author: Stephen Moore,Kathleen Hartnett White

Publisher: Simon and Schuster

ISBN: 1621574385

Category: Political Science

Page: 256

View: 5120

Fossil fuel energy is the lifeblood of the modern world. Before the Industrial Revolution, humanity depended on burning wood and candle wax. But with the ability to harness the energy in oil and other fossil fuels, quality of life and capacity for progress increased exponentially. Thanks to incredible innovations in the energy industry, fossil fuels are as promising, safe, and clean an energy resource as has ever existed in history. Yet, highly politicized climate policies are pushing a grand-scale shift to unreliable, impractical, incredibly expensive, and far less efficient energy sources. Today, "fossil fuel" has become such a dirty word that even fossil fuel companies feel compelled to apologize for their products. In Fueling Freedom, energy experts Stephen Moore and Kathleen Hartnett White make an unapologetic case for fossil fuels, turning around progressives' protestations to prove that if fossil fuel energy is supplanted by "green" alternatives for political reasons, humanity will take a giant step backwards and the planet will be less safe, less clean, and less free.

Demeaned But Empowered

The Social Power of the Urban Poor in Jamaica

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Author: Obika Gray

Publisher: University of West Indies Press

ISBN: 9789766401535

Category: Political Science

Page: 429

View: 7420

Gray's central thesis asserts that the Jamaican state is a form of predatory state that incorporates contradictory social forces into an arrangement that is hierarchical, often brutal and ultimately debilitating to democracy. He introduces a series of constructs to support this argument, but the more interesting and novel theses are to be found in his vivid description of the social forces that resist the predatory state and how they have carved out a modicum of autonomy based on what he describes as an elaborate value system of badness/honour.

China's Quest for Great Power

Ships, Oil, and Foreign Policy

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Author: Bernard Cole

Publisher: Naval Institute Press

ISBN: 1682471454

Category: Political Science

Page: 320

View: 6685

This book addresses three important facets of China’s modern development. First is the ongoing modernization of the People’s Liberation Army Navy (PLAN). The Chinese navy has grown from a relatively small, backward force in the 1980s into a capable twenty-first century maritime power. The PLAN now deploys around the world and includes nuclear-powered submarines, the first of several aircraft carriers, modern guided missile destroyers and frigates, and the world’s most formidable force of seagoing cruise and ballistic missiles. This modern, growing navy is intended in significant part to undergird China’s global search for energy sources and security. Beijing’s determination to maintain its historic economic growth depends on energy security. These two national priorities—a navy capable of defending China’s national security and economic interests and secury energy resources—come together to define and support Chinese foreign policy. This book addresses these three in both global and Asian contextual terms, with special emphasis on relations between China and the United States.