1. Energy Sovereignty and Security
- Author:
- Greg Austin and Danila Bochkarev
- Publication Date:
- 01-2007
- Content Type:
- Policy Brief
- Institution:
- EastWest Institute
- Abstract:
- Energy security has re-surfaced as a headline issue in the policy councils of Europe and the Americas in a way not seen since the 1970s. On the one hand, some leaders believe that there is a new energy rivalry with ominous geopolitical overtones, and they look at Russia and China with suspicion in this regard. On the other hand, at a more commercial level, there has been rising uncertainty about oil supply and demand, because of political instability in the Persian Gulf and rampant consumption in the major industrial countries and emerging economies. Price volatility, long a feature of the oil market, reached levels not seen for some years, leading to fresh concerns about 'peak oil'.
- Topic:
- Development, Energy Policy, Globalization, and Nationalism
- Political Geography:
- Russia, China, America, and Europe