Download or read book Oil Crises and Energy Policy Lessons from the Past written by Mark J. Jensen and published by . This book was released on 1991 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of the U S Price Control Policies on OPEC written by Khalid M. Kisswani and published by . This book was released on 2015 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 1973-1974, the U.S. faced the so-called “Energy Crisis” due to the Arab oil embargo and a quadrupling of world crude oil prices by OPEC. This led the U.S. to use a “Price Control” policy in the domestic energy market. The effects of such policy are explored and well documented. However, the responses of OPEC producers to such a policy need further attention. This paper examines the effects of these price controls on OPEC's extraction path. It also examines the relation between the harm function and the change in OPEC production. The results show some evidence that OPEC did respond differently to price controls applied by the U.S. For some periods it cut production, while in other periods production levels increased. The results also show some evidence regarding Wirl (2008) that OPEC includes political support as part of its objective function when it comes to oil extraction.
Download or read book Ten Years After the Oil Crisis written by Minnesota. Energy Division and published by . This book was released on 1984 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Crisis in Energy Policy written by John M. Deutch and published by Harvard University Press. This book was released on 2011-10-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our future depends on what we do about energy. This stark fact, clear since the oil embargo of the 1970s, has been hammered home through crisis after crisis—and yet our government has failed to come up with a coherent energy policy. John Deutch, with his extraordinary mix of technical, scholarly, corporate, and governmental expertise in the realm of energy, is uniquely qualified to explain what has stood in the way of progress on this most pressing issue. His book is at once an eye-opening history of the muddled practices that have passed for energy policy over the past thirty years, and a cogent account of what we can and should learn from so many breakdowns of strategy and execution. Three goals drive any comprehensive energy policy: develop an effective approach to climate change; transition from fossil fuels to renewable energy technologies; and increase the efficiency of energy use to reduce dependence on imported oil. Why has every effort in this direction eventually fallen short? Deutch identifies the sources of this failure in our popular but unrealistic goals, our competing domestic and international agendas, and our poor analysis in planning, policy-making, and administering government programs. Most significantly, The Crisis in Energy Policy clarifies the need to link domestic and global considerations, as well as the critical importance of integrating technical, economic, and political factors. Written for experts and citizens alike, this book will strengthen the hand of anyone concerned about the future of energy policy.
Download or read book The Energy Crisis written by David Lewis Feldman and published by . This book was released on 1996 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: The energy crisis of 1973-1974 was a pivotal event in twentieth-century American history. In the wake of the Vietnam War, it exposed the nation's economic vulnerability to foreign powers and precipitated an awareness of limits to the exploitation of natural resources. Further, it forced Americans and the American government in particular to think about the future of energy production and consumption in novel waysand made such thinking more imperative than ever. Twenty years later, questions about the energy crisis persist. What were the underlying causes of the crisis? What did we learn from it? How has it affected our current energy policies? Will another energy crisis occur in our future? In The Energy Crisis, David Lewis Feldman brings together a wide range of energy policy experts to address these questions and explore the appropriate role of governments and markets in ensuring a stable, economical, and sustainable energy supply. The authors locate the energy crisis in its historical context and find that, contrary to popular opinion, the Arab oil embargo was not responsible for the energy crisis. Rather, they contend, the crisis was caused by a series of short-sighted policy decisions meant to bring Americans cheaper energy and a cleaner environment. The contributors to The Energy Crisis conclude that the crisis was resolved by a combination of market forces and government intervention, and they offer perspectives on the need to sustain long-term interest in public/private partnerships in the face of short-term political and economic demands.
Download or read book Ten years after the oil crisis lessons for the coming decade written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Renewables written by Michael Aklin and published by MIT Press. This book was released on 2018-03-23 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive political analysis of the rapid growth in renewable wind and solar power, mapping an energy transition through theory, case studies, and policy. Wind and solar are the most dynamic components of the global power sector. How did this happen? After the 1973 oil crisis, the limitations of an energy system based on fossil fuels created an urgent need to experiment with alternatives, and some pioneering governments reaped political gains by investing heavily in alternative energy such as wind or solar power. Public policy enabled growth over time, and economies of scale brought down costs dramatically. In this book, Michaël Aklin and Johannes Urpelainen offer a comprehensive political analysis of the rapid growth in renewable wind and solar power, mapping an energy transition through theory, case studies, and policy analysis. Aklin and Urpelainen argue that, because the fossil fuel energy system and political support for it are so entrenched, only an external shock—an abrupt rise in oil prices, or a nuclear power accident, for example—allows renewable energy to grow. They analyze the key factors that enable renewable energy to withstand political backlash, andt they draw on this analyisis to explain and predict the development of renewable energy in different countries over time. They examine the pioneering efforts in the United States, Germany, and Denmark after the 1973 oil crisis and other shocks; explain why the United States surrendered its leadership role in renewable energy; and trace the recent rapid growth of modern renewables in electricity generation, describing, among other things, the return of wind and solar to the United States. Finally, they apply the lessons of their analysis to contemporary energy policy issues.
Download or read book Panic at the Pump written by Meg Jacobs and published by Macmillan. This book was released on 2016-04-19 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A detailed historical narrative of the U.S. energy crisis in the 1970s and how policymakers responded to the turmoil"--
Download or read book Oil Shock written by Elisabetta Bini and published by Bloomsbury Publishing. This book was released on 2016-05-27 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 1973 'Oil Shock' is considered a turning point in the history of the twentieth century. At the time it seemed to mark a definitive shift from the era of low priced oil to the era of expensive oil. For most Western industrialized countries, it became the symbolic marker of the end of an era. For many oil producers, it translated into an unprecedented control over their energy resources, and completed the process of decolonization, leading to a profound redefinition of international relations.This book provides an analysis of the crisis and its global political and economic impact. It features contributions from a range of perspectives and approaches, including political, economic, environmental, international and social history. The authors examine the origins of what was defined as an 'oil revolution' by the oil-producing countries, as well as the far-reaching effects of the 'shock' on the Cold War and decolonization, on international energy markets and the global economy. In doing so, they help place the event in its historical context as a key moment in the transformation of the international economy and of North-South relations.
Download or read book The Final Energy Crisis written by Sheila Newman and published by Pluto Press (UK). This book was released on 2008-07-20 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thoroughly revised and updated edition of this comprehensive survey of resource depletion.
Download or read book Understanding the Global Energy Crisis written by Richard A. Simmons and published by Purdue University Press. This book was released on 2014-03-15 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are facing a global energy crisis caused by world population growth, an escalating increase in demand, and continued dependence on fossil-based fuels for generation. It is widely accepted that increases in greenhouse gas concentration levels, if not reversed, will result in major changes to world climate with consequential effects on our society and economy. This is just the kind of intractable problem that Purdue University's Global Policy Research Institute seeks to address in the Purdue Studies in Public Policy series by promoting the engagement between policy makers and experts in fields such as engineering and technology. Major steps forward in the development and use of technology are required. In order to achieve solutions of the required scale and magnitude within a limited timeline, it is essential that engineers be not only technologically-adept but also aware of the wider social and political issues that policy-makers face. Likewise, it is also imperative that policy makers liaise closely with the academic community in order to realize advances. This book is designed to bridge the gap between these two groups, with a particular emphasis on educating the socially-conscious engineers and technologists of the future. In this accessibly-written volume, central issues in global energy are discussed through interdisciplinary dialogue between experts from both North America and Europe. The first section provides an overview of the nature of the global energy crisis approached from historical, political, and sociocultural perspectives. In the second section, expert contributors outline the technology and policy issues facing the development of major conventional and renewable energy sources. The third and final section explores policy and technology challenges and opportunities in the distribution and consumption of energy, in sectors such as transportation and the built environment. The book's epilogue suggests some future scenarios in energy distribution and use.
Download or read book Energy and Civilization written by Vaclav Smil and published by MIT Press. This book was released on 2018-11-13 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive account of how energy has shaped society throughout history, from pre-agricultural foraging societies through today's fossil fuel–driven civilization. "I wait for new Smil books the way some people wait for the next 'Star Wars' movie. In his latest book, Energy and Civilization: A History, he goes deep and broad to explain how innovations in humans' ability to turn energy into heat, light, and motion have been a driving force behind our cultural and economic progress over the past 10,000 years. —Bill Gates, Gates Notes, Best Books of the Year Energy is the only universal currency; it is necessary for getting anything done. The conversion of energy on Earth ranges from terra-forming forces of plate tectonics to cumulative erosive effects of raindrops. Life on Earth depends on the photosynthetic conversion of solar energy into plant biomass. Humans have come to rely on many more energy flows—ranging from fossil fuels to photovoltaic generation of electricity—for their civilized existence. In this monumental history, Vaclav Smil provides a comprehensive account of how energy has shaped society, from pre-agricultural foraging societies through today's fossil fuel–driven civilization. Humans are the only species that can systematically harness energies outside their bodies, using the power of their intellect and an enormous variety of artifacts—from the simplest tools to internal combustion engines and nuclear reactors. The epochal transition to fossil fuels affected everything: agriculture, industry, transportation, weapons, communication, economics, urbanization, quality of life, politics, and the environment. Smil describes humanity's energy eras in panoramic and interdisciplinary fashion, offering readers a magisterial overview. This book is an extensively updated and expanded version of Smil's Energy in World History (1994). Smil has incorporated an enormous amount of new material, reflecting the dramatic developments in energy studies over the last two decades and his own research over that time.
Download or read book Oil Power and War written by Matthieu Auzanneau and published by Chelsea Green Publishing. This book was released on 2020-02-20 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: The story of oil is one of hubris, fortune, betrayal, and destruction. It is the story of a resource that has been undeniably central to the creation of our modern culture, and ever-present during the darkest exploits of empire the world over. For the past 150 years, oil has become the most essential ingredient for economic, military, and political power. And it has brought us to our present moment in which political leaders and the fossil-fuel industry consider extraordinary, and extraordinarily dangerous, policy on a world stage marked by shifting power bases. Upending the conventional wisdom by crafting a “people’s history,” award-winning journalist Matthieu Auzanneau deftly traces how oil became a national and then global addiction, outlines the enormous consequences of that addiction, sheds new light on major historical and contemporary figures, and raises new questions about stories we thought we knew well: What really sparked the oil crises in the 1970s, the shift away from the gold standard at Bretton Woods, or even the financial crash of 2008? How has oil shaped the events that have defined our times: two world wars, the Cold War, the Great Depression, ongoing wars in the Middle East, the advent of neoliberalism, and the Great Recession, among them? With brutal clarity, Oil, Power, and War exposes the heavy hand oil has had in all of our lives—and illustrates how much heavier that hand could get during the increasingly desperate race to control the last of the world’s easily and cheaply extractable reserves.
Download or read book Unnatural Resources written by Michael Camp and published by University of Pittsburgh Press. This book was released on 2019-09-26 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unnatural Resources explores the intersection of energy production and environmental regulation in Appalachia after the oil embargo of 1973. The years from 1969 to 1973 saw the passage of a number of laws meant to protect the environment from human destruction, and they initially enjoyed broad public popularity. However, the oil embargo, which caused lines and fistfights at gasoline stations, refocused Americans’ attention on economic issues and alerted Americans to the dangers of relying on imported oil. As a drive to increase domestic production of energy gained momentum, it soon appeared that new environmental regulations were inhibiting this initiative. A backlash against environmental regulations helped inaugurate a bipartisan era of market-based thinking in American politics and discredited the idea that the federal government had a constructive role to play in addressing energy issues. This study connects political, labor, and environmental history to contribute to a growing body of literature on the decline of the New Deal and the rise of pro-market thinking in American politics.
Download or read book International Dimensions of Monetary Policy written by Jordi Galí and published by University of Chicago Press. This book was released on 2010-03-15 with total page 663 pages. Available in PDF, EPUB and Kindle. Book excerpt: United States monetary policy has traditionally been modeled under the assumption that the domestic economy is immune to international factors and exogenous shocks. Such an assumption is increasingly unrealistic in the age of integrated capital markets, tightened links between national economies, and reduced trading costs. International Dimensions of Monetary Policy brings together fresh research to address the repercussions of the continuing evolution toward globalization for the conduct of monetary policy. In this comprehensive book, the authors examine the real and potential effects of increased openness and exposure to international economic dynamics from a variety of perspectives. Their findings reveal that central banks continue to influence decisively domestic economic outcomes—even inflation—suggesting that international factors may have a limited role in national performance. International Dimensions of Monetary Policy will lead the way in analyzing monetary policy measures in complex economies.
Download or read book The Netherlands and the Oil Crisis written by Duco Hellema and published by Amsterdam University Press. This book was released on 2004 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This incisive study examines the role of the Netherlands in the October War and the oil crisis of 1973. The authors contend that the actions of the Dutch government were hypocritical: the Dutch government faced a domestic crisis when an oil embargo was levied against them by Arab countries for selling arms to Israel; yet after oil began arriving again two months later, the Dutch rejected a proposal for a stricter interventionist energy policy within the European Union. A probing and thought-provoking study, The Netherlands and the Oil Crisis draws on previously unavailable archival sources to shed new light on a pivotal moment in contemporary Dutch history.
Download or read book The Economics and Politics of China s Energy Security Transition written by Hongtu Zhao and published by Academic Press. This book was released on 2018-09-05 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics and Politics of China’s Energy Security Transition clarifies China’s energy and foreign policies through a comprehensive examination of energy sources, providing an insider’s unique perspective for assessing China’s energy policies. China’s historic decline in coal consumption since 2013-2014 and a plateauing of its carbon dioxide emissions have given China an unprecedented opportunity to decarbonize while growing its economy. In response to global questions about China’s institutional, administrative, and political challenges and risks, this book provides the answers that everyone is asking. Provides a rare assessment of China’s energy policies and reveals insights into the Chinese government Devotes attention to issues of global energy governance and energy sanctions Includes data and reference content suitable for researchers in economics, sustainability, energy policy, geopolitics and political science
