Energy Import Dependence, Resource Exhaustion and Carbon Policy

energy import dependence
Geopolitical risk refers almost always to primary energy carriers (oil, gas, coal, uranium or renewable energy) since their location depends on the vagaries of geology and climate. Production and energy consumption are thus often physically far apart and take place in countries and regions with different histories, cultures and values. Apart from oil & gas exploration and production, all other steps of the energy chain such as refinement or enrichment, energy conversion and distribution can be moved physically closer to the final customer or are, like consumption, directly under the latter’s control. (more…)

Climate Change Impact on the Demand for Energy

Although the focus of many policy studies of climate change is on establishing the causal links between anthropogenic systems, emissions of greenhouse gases climate change, the line of causation also runs the other way. Short-term fluctuations in climate conditions, particularly in the temperate zones on the planet, affect energy consumption. If the popular expectation that the climate will become warmer becomes a reality, we can expect winters and summers that are warmer than those of the past. (more…)