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Energy Futures
Book

Energy Futures

Palgrave Macmillan, 2007 more...

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Editorial Rating

7

Qualities

  • Applicable

Recommendation

This volume collates submissions to a conference organized in November 2005 by the International Institute for Management Development (IMD). Eighteen experts discuss the present and future situation of the energy industry. Readers looking for a single book that will provide a reasonably comprehensive overview of energy challenges and possible solutions will find it here. This small volume includes ample data, political and economic analyses, technology outlooks and case studies. The book does not make a single, sustained argument. The only thing most essays have in common is the fact that they address either the upstream or the downstream picture of energy (chiefly petroleum) supply and demand. That said, getAbstract finds that the presentation is lucid, the prose is generally not too heavily burdened with industry jargon to be intelligible, and the issues raised are timely and undeniably important.

Take-Aways

  • Rising oil demand and rising oil prices present serious global concerns.
  • The oil price increase could signal a genuine resource shortage, or it might be just the result of recent underinvestment in capacity.
  • National fiscal systems can stimulate or discourage exploration and production. Regrettably, some countries have systems that are inherently discouraging.

About the Author

Editor Ralf Boscheck is the Lundin Family Professor of Economics and Business Policy at IMD Lausanne, Switzerland.