Download or read book International Oil Markets in the Age of Climate Change written by Adi Imsirovic and published by Springer Nature. This book was released on with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Oil Era written by The Emirates Center for Strategic Studies and Research and published by Emirates Center for Strategic Studies and Research. This book was released on 2011-10-03 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic, environmental and security considerations have hastened the need for diversification of energy resources. While oil remains a comparatively inexpensive form of energy and enjoys great demand – and which is therefore more strategically and economically important to the majority of countries worldwide than any other energy source – its future as a major and essential source of world energy remains uncertain in light of the decline of strategic reserves and the adverse effects of fossil fuels on the climate and environmental security. This is particularly significant given the limited application of other energy resources, which are unlikely to be sufficient in meeting increasing demand stemming from population growth, ongoing urban expansion and ever-higher rates of economic and social development. It is hard to escape the conclusion that the international competition for sources of energy will be more severe and frenzied in the years ahead, and that the military dimensions of this competition will become more pronounced. These trends are likely to gain momentum so long as the worldwide demand for imported petroleum continues to grow and the supply of exportable oil fails to expand proportionately. Under these circumstances, it becomes essential to accelerate the development of alternative sources of energy and to increase the efficiency of oil-powered systems, thereby reducing the need for imports. As much as is possible, these efforts should be undertaken in a cooperative manner, so as to reduce the risk of unintended conflict over contested sources of energy. The ECSSR 16th Annual Energy Conference, The Oil Era: Emerging Challenges, held at the Center on November 8–10, 2010, and the resultant papers contained in this volume, provide a professional, academic investigation of the challenges that lie ahead for the oil age. They explore various aspects of global energy demand, determine the position of GCC producers, and discuss the relationship between oil supplies and industrialization in the 21st century. They identify the dynamics of global oil demand and their implications for producers; the future of oil geopolitics and associated challenges; recent lessons learned in the industry; future prospects for supply; and the implications of climate change for oil policies in the GCC states.

Download or read book Trading and Price Discovery for Crude Oils written by Adi Imsirovic and published by Springer Nature. This book was released on 2021-05-19 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a book about the international oil market. It takes a historical perspective on how the market emerged, developed, and became what it is today—the biggest commodity market in the world. It is mature and complex, but far from perfect. Throughout most of its 150-year history, the oil market has been monopolised by companies and governments. For only a fraction of that, oil traded in a relatively free market. As a result, we had to live with ‘big oil’, economic shocks, high oil prices, instability and wars. Using a simple concept of market power, this book will explain the meaning of ‘oil price’ and how it is established while offering a valuable lesson for other commodities. Market power is the key to understanding the ‘price of oil’. This book uses a simple concept of price-makers and price-takers to examine the evolution of oil markets, their structure, and prices. The early decades of the oil industry were competitive with low barriers to entry. Barely 25 years later, the Standard Oil company created a refining monopoly, buying oil at its own ‘posted’ price. In the following century, the cartel of major oil companies, helped by their governments, did the same at the international level. OPEC helped producing governments regain control of their own resources, but the organisation was never able to retain a similar level of control. After 1986 price collapse, OPEC abdicated the price-making function in favour of the market. While it never gave up attempts to influence prices, OPEC had to link their official prices to one of the global oil benchmarks. Modern international oil markets function because of oil benchmarks such as Brent, WTI and Dubai. This book showcases: • How oil traders played a prominent role in development of the industry • How policies of consuming nations helped oil cartels • Why and how the US price of oil was negative • How AI has changed the way markets operate and the way in which the markets are likely to change in future This book explores how oil markets grew, functioned, and have occasionally failed to do their job. The ecosystem of derivatives or ‘paper barrels’ trading in far greater volume than physical oil plays a very important role in mitigating risk. With this core tenant, setting the ‘price of oil’ is explained in detail.

Download or read book Oil in the 21st Century written by Robert Mabro and published by Oxford University Press, USA. This book was released on 2006 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil is hitting the headlines once again. The big increases in oil prices over the past two years are upsetting consumers and puzzling producers. The reasons are difficult to understand, since few people are familiar with the complex workings of the price regime for oil in international trade. It is said that sluggish investment is a major cause, but what are the reasons for inadequate investment in oil producing and refining plants during the last 20 years? Does oil have a future? We are told that oil production will soon peak because the rate of production is higher than replacement rates. Climate change problems are casting a shadow over the future of fossil fuels. There may, however, be a solution to the nefarious CO2 emissions in, for instance, technologies that sequestrate carbon. Oil's stronghold is the transport sector: cars, trucks, railway engines, planes, ships. The demand for oil would suffer a fatal blow if technical innovations in car engines make it possible to use an alternative fuel to petrol or diesel. New energy sources - wind, solar, tide, waves, geo-thermal - are both renewable and environment-friendly. Do they represent a threat to the future of oil? An international team of experts addresses these highly topical questions in this comprehensive volume.

Download or read book Planning After Petroleum written by Jago Dodson and published by Routledge. This book was released on 2016-10-04 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: The past decade has been one of the most volatile periods in global petroleum markets in living memory, and future oil supply security and price levels remain highly uncertain. This poses many questions for the professional activities of planners and urbanists because contemporary cities are highly dependent on petroleum as a transport fuel. How will oil dependent cities respond, and adapt to, the changing pattern of petroleum supplies? What key strategies should planners and policy makers implement in petroleum vulnerable cities to address the challenges of moving beyond oil? How might a shift away from petroleum provide opportunities to improve or remake cities for the economic, social and environmental imperatives of twenty-first-century sustainability? Such questions are the focus of contributors to this book with perspectives ranging across the planning challenge: overarching petroleum futures, governance, transition and climate change questions, the role of various urban transport nodes and household responses, ways of measuring oil vulnerability, and the effects on telecommunications, ports and other urban infrastructure. This comprehensive volume – with contributions from and focusing on cities in Australia, the UK, the US, France, Germany, the Netherlands and South Korea – provides key insights to enable cities to plan for the age beyond petroleum.

Download or read book How Large Are Global Energy Subsidies written by Mr.David Coady and published by International Monetary Fund. This book was released on 2015-05-15 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a comprehensive, updated picture of energy subsidies at the global and regional levels. It focuses on the broad notion of post-tax energy subsidies, which arise when consumer prices are below supply costs plus a tax to reflect environmental damage and an additional tax applied to all consumption goods to raise government revenues. Post-tax energy subsidies are dramatically higher than previously estimated, and are projected to remain high. These subsidies primarily reflect under-pricing from a domestic (rather than global) perspective, so even unilateral price reform is in countries’ own interests. The potential fiscal, environmental and welfare impacts of energy subsidy reform are substantial.

Download or read book Climate Capitalism written by L. Hunter Lovins and published by Hill and Wang. This book was released on 2011-04-12 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Believe in climate change. Or don't. It doesn't matter. But you'd better understand this: the best route to rebuilding our economy, our cities, and our job markets, as well as assuring national security, is doing precisely what you would do if you were scared to death about climate change. Whether you're the head of a household or the CEO of a multinational corporation, embracing efficiency, innovation, renewables, carbon markets, and new technologies is the smartest decision you can make. It's the most profitable, too. And, oh yes—you'll help save the planet. In Climate Capitalism, L. Hunter Lovins, coauthor of the bestselling Natural Capitalism, and the sustainability expert Boyd Cohen prove that the future of capitalism in a recession-riddled, carbon-constrained world will be built on innovations that cutting-edge leaders are bringing to the market today. These companies are creating jobs and driving innovation. Climate Capitalism delivers hundreds of indepth case studies of international corporations, small businesses, NGOs, and municipalities to prove that energy efficiency and renewable resources are already driving prosperity. While highlighting business opportunities across a range of sectors—including energy, construction, transportation, and agriculture technologies—Lovins and Cohen also show why the ex–CIA director Jim Woolsey drives a solar-powered plugin hybrid vehicle. His bumper sticker says it all: "Osama bin Laden hates my car." Corporate executives, entrepreneurs, environmentalists, and concerned citizens alike will find profitable ideas within these pages. In ten information-packed chapters, Climate Capitalism gives tangible examples of early adopters across the globe who see that the low-carbon economy leads to increased profits and economic growth. It offers a clear and concise road map to the new energy economy and a cooler planet.

Download or read book Climate Change and the Oil Industry written by Jon Birger Skjærseth and published by Manchester University Press. This book was released on 2003 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume presents a detailed study of the climate strategies of ExxonMobil, Shell, and Statoil. With an innovative analytical approach, the authors explain variations at three decision-making levels: within the companies themselves, in the national home-bases of the companies, and at the international level. The analysis generates policy-relevant knowledge about whether and how corporate resistance to a viable climate policy can be overcome.

Download or read book How to Avoid a Climate Disaster written by Bill Gates and published by Vintage. This book was released on 2021-02-16 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 NEW YORK TIMES BEST SELLER • In this urgent, authoritative book, Bill Gates sets out a wide-ranging, practical—and accessible—plan for how the world can get to zero greenhouse gas emissions in time to avoid a climate catastrophe. Bill Gates has spent a decade investigating the causes and effects of climate change. With the help of experts in the fields of physics, chemistry, biology, engineering, political science, and finance, he has focused on what must be done in order to stop the planet's slide to certain environmental disaster. In this book, he not only explains why we need to work toward net-zero emissions of greenhouse gases, but also details what we need to do to achieve this profoundly important goal. He gives us a clear-eyed description of the challenges we face. Drawing on his understanding of innovation and what it takes to get new ideas into the market, he describes the areas in which technology is already helping to reduce emissions, where and how the current technology can be made to function more effectively, where breakthrough technologies are needed, and who is working on these essential innovations. Finally, he lays out a concrete, practical plan for achieving the goal of zero emissions—suggesting not only policies that governments should adopt, but what we as individuals can do to keep our government, our employers, and ourselves accountable in this crucial enterprise. As Bill Gates makes clear, achieving zero emissions will not be simple or easy to do, but if we follow the plan he sets out here, it is a goal firmly within our reach.

Download or read book The Future of Oil and Fiscal Sustainability in the GCC Region written by Mr.Tokhir N Mirzoev and published by International Monetary Fund. This book was released on 2020-02-06 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt: The oil market is undergoing fundamental change. New technologies are increasing the supply of oil from old and new sources, while rising concerns over the environment are seeing the world gradually moving away from oil. This spells a significant challenge for oil-exporting countries, including those of the Gulf Cooperation Council (GCC) who account for a fifth of the world’s oil production. The GCC countries have recognized the need to reduce their reliance on oil and are all implementing reforms to diversify their economies as well as fiscal and external revenues. Nevertheless, as global oil demand is expected to peak in the next two decades, the associated fiscal imperative could be both larger and more urgent than implied by the GCC countries’ existing plans.

Download or read book The Discovery of Global Warming written by Spencer R. Weart and published by Harvard University Press. This book was released on 2003 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2001 a panel representing virtually all the world's governments and climate scientists announced that they had reached a consensus: the world was warming at a rate without precedent during at least the last ten millennia, and that warming was caused by the buildup of greenhouse gases from human activity. The consensus itself was at least a century in the making. The story of how scientists reached their conclusion--by way of unexpected twists and turns and in the face of formidable intellectual, financial, and political obstacles--is told for the first time in The Discovery of Global Warming. Spencer R. Weart lucidly explains the emerging science, introduces us to the major players, and shows us how the Earth's irreducibly complicated climate system was mirrored by the global scientific community that studied it. Unlike familiar tales of Science Triumphant, this book portrays scientists working on bits and pieces of a topic so complex that they could never achieve full certainty--yet so important to human survival that provisional answers were essential. Weart unsparingly depicts the conflicts and mistakes, and how they sometimes led to fruitful results. His book reminds us that scientists do not work in isolation, but interact in crucial ways with the political system and with the general public. The book not only reveals the history of global warming, but also analyzes the nature of modern scientific work as it confronts the most difficult questions about the Earth's future. Table of Contents: Preface 1. How Could Climate Change? 2. Discovering a Possibility 3. A Delicate System 4. A Visible Threat 5. Public Warnings 6. The Erratic Beast 7. Breaking into Politics 8. The Discovery Confirmed Reflections Milestones Notes Further Reading Index Reviews of this book: A soberly written synthesis of science and politics. --Gilbert Taylor, Booklist Reviews of this book: Charting the evolution and confirmation of the theory [of global warming], Spencer R. Weart, director of the Center for the History of Physics of the American Institute of Physics, dissects the interwoven threads of research and reveals the political and societal subtexts that colored scientists' views and the public reception their work received. --Andrew C. Revkin, New York Times Book Review Reviews of this book: It took a century for scientists to agree that gases produced by human activity were causing the world to warm up. Now, in an engaging book that reads like a detective story, physicist Weart reports the history of global warming theory, including the internal conflicts plaguing the research community and the role government has had in promoting climate studies. --Publishers Weekly Reviews of this book: It is almost two centuries since the French mathematician Jean Baptiste Fourier discovered that the Earth was far warmer than it had any right to be, given its distance from the Sun...Spencer Weart's book about how Fourier's initially inconsequential discovery finally triggered urgent debate about the future habitability of the Earth is lucid, painstaking and commendably brief, packing everything into 200 pages. --Fred Pearce, The Independent Reviews of this book: [The Discovery of Global Warming] is a well-written, well-researched and well-balanced account of the issues involved...This is not a sermon for the faithful, or verses from Revelation for the evangelicals, but a serious summary for those who like reasoned argument. Read it--and be converted. --John Emsley, Times Literary Supplement Reviews of this book: This is a terrific book...Perhaps the finest compliment I could give this book is to report that I intend to use it instead of my own book...for my climate class. The Discovery of Global Warming is more up-to-date, better balanced historically, beautifully written and, not least important, short and to the point. I think the [Intergovernmental Panel on Climate Change] needs to enlist a few good historians like Weart for its next assessment. --Stephen H. Schneider, Nature Reviews of this book: This short, well-written book by a science historian at the American Institute of Physics adds a serious voice to the overheated debate about global warming and would serve as a great starting point for anyone who wants to better understand the issue. --Maureen Christie, American Scientist Reviews of this book: I was very pleasantly surprised to find that Spencer Weart's account provides much valuable and interesting material about how the discipline developed--not just from the perspective of climate science but also within the context of the field's relation to other scientific disciplines, the media, political trends, and even 20th-century history (particularly the Cold War). In addition, Weart has done a valuable service by recording for posterity background information on some of the key discoveries and historical figures who contributed to our present understanding of the global warming problem. --Thomas J. Crowley, Science Reviews of this book: Weart has done us all a service by bringing the discovery of global warming into a short, compendious and persuasive book for a general readership. He is especially strong on the early days and the scientific background. --Crispin Tickell, Times Higher Education Supplement A Capricious Beast Ever since the days when he had trudged around fossil lake basins in Nevada for his doctoral thesis, Wally Broecker had been interested in sudden climate shifts. The reported sudden jumps of CO2 in Greenland ice cores stimulated him to put this interest into conjunction with his oceanographic interests. The result was a surprising and important calculation. The key was what Broecker later described as a "great conveyor belt'"of seawater carrying heat northward. . . . The energy carried to the neighborhood of Iceland was "staggering," Broecker realized, nearly a third as much as the Sun sheds upon the entire North Atlantic. If something were to shut down the conveyor, climate would change across much of the Northern Hemisphere' There was reason to believe a shutdown could happen swiftly. In many regions the consequences for climate would be spectacular. Broecker was foremost in taking this disagreeable news to the public. In 1987 he wrote that we had been treating the greenhouse effect as a 'cocktail hour curiosity,' but now 'we must view it as a threat to human beings and wildlife.' The climate system was a capricious beast, he said, and we were poking it with a sharp stick. I found the book enjoyable, thoughtful, and an excellent introduction to the history of what may be one of the most important subjects of the next one hundred years. --Clark Miller, University of Wisconsin The Discovery of Global Warming raises important scientific issues and topics and includes essential detail. Readers should be able to follow the discussion and emerge at the end with a good understanding of how scientists have developed a consensus on global warming, what it is, and what issues now face human society. --Thomas R. Dunlap, Texas A&M University

Download or read book Energy Transition Metals written by Lukas Boer and published by International Monetary Fund. This book was released on 2021-10-12 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The energy transition requires substantial amounts of metals such as copper, nickel, cobalt and lithium. Are these metals a key bottleneck? We identify metal-specific demand shocks, estimate supply elasticities and pin down the price impact of the energy transition in a structural scenario analysis. Metal prices would reach historical peaks for an unprecedented, sustained period in a net-zero emissions scenario. The total value of metals production would rise more than four-fold for the period 2021 to 2040, rivaling the total value of crude oil production. Metals are a potentially important input into integrated assessments models of climate change.

Download or read book The New Map written by Daniel Yergin and published by Penguin. This book was released on 2020-09-15 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Wall Street Journal besteller and a USA Today Best Book of 2020 Named Energy Writer of the Year for The New Map by the American Energy Society “A master class on how the world works.” —NPR Pulitzer Prize-winning author and global energy expert, Daniel Yergin offers a revelatory new account of how energy revolutions, climate battles, and geopolitics are mapping our future The world is being shaken by the collision of energy, climate change, and the clashing power of nations in a time of global crisis. Out of this tumult is emerging a new map of energy and geopolitics. The “shale revolution” in oil and gas has transformed the American economy, ending the “era of shortage” but introducing a turbulent new era. Almost overnight, the United States has become the world's number one energy powerhouse. Yet concern about energy's role in climate change is challenging the global economy and way of life, accelerating a second energy revolution in the search for a low-carbon future. All of this has been made starker and more urgent by the coronavirus pandemic and the economic dark age that it has wrought. World politics is being upended, as a new cold war develops between the United States and China, and the rivalry grows more dangerous with Russia, which is pivoting east toward Beijing. Vladimir Putin and China's Xi Jinping are converging both on energy and on challenging American leadership, as China projects its power and influence in all directions. The South China Sea, claimed by China and the world's most critical trade route, could become the arena where the United States and China directly collide. The map of the Middle East, which was laid down after World War I, is being challenged by jihadists, revolutionary Iran, ethnic and religious clashes, and restive populations. But the region has also been shocked by the two recent oil price collapses--and by the very question of oil's future in the rest of this century. A master storyteller and global energy expert, Daniel Yergin takes the reader on an utterly riveting and timely journey across the world's new map. He illuminates the great energy and geopolitical questions in an era of rising political turbulence and points to the profound challenges that lie ahead.

Download or read book Energy Humanities written by Imre Szeman and published by JHU Press. This book was released on 2017-04-22 with total page 606 pages. Available in PDF, EPUB and Kindle. Book excerpt: "... these fields of scholarship are ones that demonstrate how the scale and complexity of the issues being explored demand insights and approaches that transcend old school disciplinary boundaries. This book offers a selection of the most influential work in energy humanities that has appeared over the past decade. Selections range from anthropology and geography to philosophy, history, and cultural studies to recent energy-focused interventions in art and literature..."--Provided by publisher.

Download or read book Climate of Hope written by Michael Bloomberg and published by Macmillan + ORM. This book was released on 2017-04-18 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER From Mayor Michael Bloomberg and former head of the Sierra Club Carl Pope comes a manifesto on how the benefits of taking action on climate change are concrete, immediate, and immense. They explore climate change solutions that will make the world healthier and more prosperous, aiming to begin a new type of conversation on the issue that will spur bolder action by cities, businesses, and citizens—and even, someday, by Washington. "Climate of Hope is an inspiring must read." —Former Vice President Al Gore, Chairman of The Climate Reality Project “Climate change threatens to reshape the future of our world's population centers. Bloomberg and Pope have been leaders on fortifying our cities against this threat, and their book proves that victory is possible—and imperative.” —Leonardo DiCaprio "If Trump is looking for a blueprint, he could not do better than to read a smart new book, Climate of Hope." —Thomas Friedman in The New York Times ~ The 2016 election left many people who are concerned about the environment fearful that progress on climate change would come screeching to a halt. But not Michael Bloomberg and Carl Pope. Bloomberg, an entrepreneur and former mayor of New York City, and Pope, a lifelong environmental leader, approach climate change from different perspectives, yet they arrive at similar conclusions. Without agreeing on every point, they share a belief that cities, businesses, and citizens can lead—and win—the battle against climate change, no matter which way the political winds in Washington may shift. In Climate of Hope, Bloomberg and Pope offer an optimistic look at the challenge of climate change, the solutions they believe hold the greatest promise, and the practical steps that are necessary to achieve them. Writing from their own experiences, and sharing their own stories from government, business, and advocacy, Bloomberg and Pope provide a road map for tackling the most complicated challenge the world has ever faced. Along the way, they turn the usual way of thinking about climate change on its head: from top down to bottom up, from partisan to pragmatic, from costs to benefits, from tomorrow to today, and from fear to hope.

Download or read book The Citizen s Guide to Climate Success written by Mark Jaccard and published by Cambridge University Press. This book was released on 2020-02-06 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shows readers how we can all help solve the climate crisis by focusing on a few key, achievable actions.

Download or read book The Uninhabitable Earth written by David Wallace-Wells and published by Tim Duggan Books. This book was released on 2019-02-19 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 NEW YORK TIMES BESTSELLER • “The Uninhabitable Earth hits you like a comet, with an overflow of insanely lyrical prose about our pending Armageddon.”—Andrew Solomon, author of The Noonday Demon NAMED ONE OF THE BEST BOOKS OF THE YEAR BY The New Yorker • The New York Times Book Review • Time • NPR • The Economist • The Paris Review • Toronto Star • GQ • The Times Literary Supplement • The New York Public Library • Kirkus Reviews It is worse, much worse, than you think. If your anxiety about global warming is dominated by fears of sea-level rise, you are barely scratching the surface of what terrors are possible—food shortages, refugee emergencies, climate wars and economic devastation. An “epoch-defining book” (The Guardian) and “this generation’s Silent Spring” (The Washington Post), The Uninhabitable Earth is both a travelogue of the near future and a meditation on how that future will look to those living through it—the ways that warming promises to transform global politics, the meaning of technology and nature in the modern world, the sustainability of capitalism and the trajectory of human progress. The Uninhabitable Earth is also an impassioned call to action. For just as the world was brought to the brink of catastrophe within the span of a lifetime, the responsibility to avoid it now belongs to a single generation—today’s. LONGLISTED FOR THE PEN/E.O. WILSON LITERARY SCIENCE WRITING AWARD “The Uninhabitable Earth is the most terrifying book I have ever read. Its subject is climate change, and its method is scientific, but its mode is Old Testament. The book is a meticulously documented, white-knuckled tour through the cascading catastrophes that will soon engulf our warming planet.”—Farhad Manjoo, The New York Times “Riveting. . . . Some readers will find Mr. Wallace-Wells’s outline of possible futures alarmist. He is indeed alarmed. You should be, too.”—The Economist “Potent and evocative. . . . Wallace-Wells has resolved to offer something other than the standard narrative of climate change. . . . He avoids the ‘eerily banal language of climatology’ in favor of lush, rolling prose.”—Jennifer Szalai, The New York Times “The book has potential to be this generation’s Silent Spring.”—The Washington Post “The Uninhabitable Earth, which has become a best seller, taps into the underlying emotion of the day: fear. . . . I encourage people to read this book.”—Alan Weisman, The New York Review of Books