In a follow-up to his Pulitzer Prize-winning book “The Prize”, Yergin paints the wider canvas of the development of world energy consumption and supply.
Petromania’ seeks to show that the spectacular oil price rises in the late 2000’s was a classic speculative bubble, driven primarily by new modes of financial speculation. ‘Petromania’ details how this fictionalization of the oil markets meshed with other trends to create a situation where investment banks and hedge funds collectively wield more power over… Read more »
This book tackles head-on the contradiction between the political rhetoric of reducing carbon emissions and the continuing “business as usual” burning of fossil fuels. The authors conclude that we must leave around half of fossil fuel reserves in the ground, and outline how they think this huge policy challenge can be tackled.
Large differences in regional energy prices are set to affect industrial competitiveness, influencing investment decisions and company strategies. The extraordinary rise of light tight oil in the United States will play a major role in meeting global demand growth over the next decade.
For decades, environmentalists have told us that using fossil fuels is a self-destructive addiction that will destroy our planet. Yet at the same time, by every measure of human well-being, from life expectancy to clean water to climate safety, life has been getting better and better. How can this be? The explanation, energy expert Alex… Read more »