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Energy Stability or a False Sense of Security?
Report

Energy Stability or a False Sense of Security?

How Changes in Geopolitics, Political Economy, and Markets Alter the Energy Landscape


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Editorial Rating

8

Recommendation

The Brookings Institution convened a group of world-class experts in March 2015 to assess current global energy markets. Their judgments rest on the old truism that the only constant is change. The sweeping development of shale resources adds supply to a market in which overall demand is declining, and geopolitical tensions threaten energy and social stability. Due to the growth of alternative energy sources, stricter ecological controls and shifting power plays, the long-term outlook is as uncertain as it has ever been. Though this authoritative report raises more questions than answers, getAbstract recommends it to anyone interested in global energy’s big picture.

Take-Aways

  • Growth in shale oil and gas production, a mutable political picture in the Middle East, declining energy demand, and falling oil prices are roiling global energy markets.
  • Alternative energy sources are becoming cheaper to exploit, and stronger fuel efficiency and air quality controls will factor in future energy demand.
  • Natural gas, a cleaner source of energy, is growing rapidly, yet coal remains cheap, and its use will escalate in Asian economies.

About the Author

The Brookings Doha Energy Forum convenes annually to assess trends and risks in the energy industry.


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