Providing critical insights that will interest readers ranging from economists to environmentalists, policymakers, and politicians, this book analyzes the economics and technology trends involved in the dilemma of decarbonization and addresses why aggressive policy is required in a capitalist political economy to create a sea change away from fossil fuels. The environmental damage across the globe is a result of the success of capitalist industrialism-250 years of carbon pollution resulting from consumption of fossil fuels to drive the economy and the worldwide aspiration to ever-increasing levels of economic development. But capitalism has also produced the tools to solve the problems it has created in the form of a technological revolution in low-carbon renewables, distributed resources, and intelligent systems to integrate supply and demand. This book comprehensively examines the political economy of electricity and analyzes the challenge of transforming today's electricity sector to meet the dual goals of decarbonization and development expressed in the Paris Agreement. Author Mark Cooper defines the dilemma of development and decarbonization as the great challenge facing the electricity industry and documents how the economic resources costs of a 100 percent-renewable portfolio has declined to the point that decarbonization can pay for itself, making the low-carbon renewable technologies that enable desired environmental and public-health benefits an easy sell. He identifies the substantial benefit of increasing use of information, communications, and advanced control technologies; shows how targeted innovation could speed the transition by a decade or two and lower the overall cost of the transition by as much as half; and explains why the flexible, multi-stakeholder approach of the Paris Agreement is the correct approach. Presents comprehensive and understandable reviews of more than 200 recent empirical studies of market imperfections in the energy efficiency and climate change literature, providing a basis for targeting policies at the most important causes of poor market performance Argues that aggressive action to induce change and overcome resistance, using targeted policies rather than broad-based taxes, is the strategy that will create movement towards a decarbonized economy and world Provides a logical decision-making framework and portfolio analysis that enables policymakers and regulators to choose, explain, and defend their decisions, objectively and transparently

This book uses electricity-sector reforms to question some of the preconceived ideas concerning the MENA region and to provide a broader analysis of related political economy issues. It presents potential further developments of MENA's electricity-sector reforms, taking into consideration the region's unique constraints and opportunities, and discusses the practical limits of reform and deregulation. Specifically, it examines the relationship between reforms and oil prices from a new perspective and presents alternatives to the Single Buyer Model. Complementing existing research on electricity-sector reforms in other emerging markets, the book provides a new analytical framework for assessing reforms that can be easily applied to other markets and sectors.

Environmental and Health Issues in Unconventional Oil and Gas Development offers a series of authoritative perspectives from varied viewpoints on key issues relevant in the use of directional drilling and hydraulic fracturing, providing a timely presentation of requisite information on the implications of these technologies for those connected to unconventional oil and shale gas development. Utilizing expertise from a range of contributors in academia, non-governmental organizations, and the oil and gas industry, Environmental and Health Issues in Unconventional Oil and Gas Development is an essential resource for academics and professionals in the oil and gas, environmental, and health and safety industries as well as for policy makers.

This book examines the economics and related impacts of unconventional shale gas development. While focusing on the Marcellus and Utica Shales in the Mid-Atlantic region, additional insights from other regions are included to provide a broader view of these issues. Shale gas development in recent years has changed the energy discussion in the US, as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible. The importance of natural gas is seen as likely to continue to expand over the coming years, and is expected to increase even further with environmental considerations, such as greenhouse gas emissions. Horizontal drilling and hydraulic fracturing producing natural gas from deposits such as the Marcellus Shale is making the US a net producer of natural gas. Previous studies have examined the economic impact of exploration and production in the region. Other studies have addressed legal, environmental, biodiversity, and public health impacts of unconventional shale development. This is the first volume to focus solely on the economics and related financial impacts of this development. This book not only fills the research gap, but also provides information that policy makers and the public need to better understand this pressing issue.

This book is a concise review of the current status and future prospects of concentrating photovoltaic (CPV) technology. Starting with a summary of the current technical and economic status of CPV technology, it identifies the factors that hold CPV back in the commercial market. The main technical areas considered are solar cells, tracking and optics. The solar cells section focuses on spectrum splitting systems, which offer potentially higher efficiency than multi-junction cells with reductions in the manufacturing constraints that lead to high costs. It also offers a brief survey of the latest developments in spectral splitting alongside a discussion of the advances in solar cell manufacturing that aid the development of such systems. Further, it examines electrical design principles for spectral splitting systems that can improve the spectral stability of these systems' performance. The section on tracking includes a description of tracking integration with an update of the review published in Nature, presenting the latest advances in the field and focusing on surveying conceptual approaches rather than providing an exhaustive description of the literature. The optics section explores 3D printing and other emerging methods of fabricating optics for both prototype and large-scale production, as well as new classes of concentrators, particularly those based on novel photonic materials such as angular filters. Lastly, the authors consider the impact that environmental factors have on the performance of CPV in non-standard environments before concluding with a discussion of the combinations of technologies that they anticipate will most effectively boost CPV in the commercial market.

The Mexican expropriation of British and American properties in March 1938 marked the first time any oil-producing country successfully stood up to foreign companies who claimed to own oil properties in that country and who had the support of their respective governments. Totally reliant on overseas oil at a time when war seemed imminent, British officials responsible for policy toward Mexico immediately emphasized the importance of preventing other oil-exporting nations from following Mexico's lead. Washington also sought to make an example of Mexico--one that would guarantee respect for U.S. businesses operating abroad.

Although both Washington and London wanted to return to the pre-expropriation status quo, Washington was unwilling to work with London to achieve this goal, and Washington's attitude paralleled its reaction to British efforts to get U.S. support on certain defense issues during this critical period. The resulting Anglo-American strife over how to handle Mexico was also consistent with Anglo-American commercial competition and the oil rivalry in Mexico early in the century.

The second of two works resulting from the author's extensive study of energy and the world economy, this book examines the international macroeconomic aspects of energy adjustment. Specifically, the author analyzes the ways in which economies adjust to external shocks, particularly the oil price shock and other energy market changes of the 1970s and early 1980s. He seeks to put the recessions experienced by industrial countries during the last decade in historical and analytical perspective, arguing that with the increasing openness of the world economy, the effects of the domestic policies of the industrial economies are increasingly relevant to the economic prospects of developing countries. He argues further that the apparent problems of the global economy during the post-1973 era--stagnant growth, inflation, the international debt crisis, and rising protectionism--are in part the result of a deterioration in the economic performance of industrial countries.

The author begins by examining the effects of energy supply disturbances on the world economy. Subsequent chapters explore such issues as challenges to economic stabilization policy; the impact of external shocks on the economies of less developed countries, especially with regard to inflation and balance of payments problems; the relationship between world payment imbalances and recycling problems; and the link between energy markets and the international debt crisis. Finally, the author provides a theoretical framework for the international adjustment to energy shocks, focusing on flexible exchange-rate policy responses to exogenous shocks in the 1970s and the contribution of exchange rate misalignment to the international debt crisis of the 1980s.

An essential reference for journalists, activists, and students, this book presents scientifically accurate and accessible overviews of twenty-four of the most important issues in the nuclear realm, including: health effects, nuclear safety and engineering, Three Mile Island and Chernobyl, nuclear medicine, food irradiation, transport of nuclear materials, spent fuel, nuclear weapons, and global warming. Each 'brief' is based on interviews with named scientists, engineers, or administrators in a nuclear specialty, and each has been reviewed by a team of independent experts. The objective is not to make a case for or against nuclear-related technologies, but rather to provide definitive background information. (The approach is based on that of ""The Reporter's Environmental Handbook"", published in 1988, which won a special award for journalism from the Sigma Delta Chi Society of professional journalists.) Other features of the book include: a glossary of hundreds of terms; an introduction to risk assessment; environmental and economic impacts, and public perceptions; an article by an experienced reporter with recommendations about how to cover nuclear issues; quick guides to the history of nuclear power in the United States, important federal legislation and regulations, nuclear position statements, and key organizations; and, references for print and electronic resources.

Global energy network is an important platform to guarantee effective exploitation of global clean energy and ensure reliable energy supply for everybody. Global Energy Interconnection analyzes the current situation and challenges of global energy development, provides the strategic thinking, overall objective, basic pattern, construction method and development mode for the development of global energy network. Based on the prediction of global energy and electricity supply and demand in the future, with the development of UHV AC/DC and smart grid technologies, this book offers new solutions to drive the safe, clean, highly efficient and sustainable development of global energy. The concept and development ideas concerning global energy interconnection in this book are based on the author's thinking of strategic issues about China's and the world's energy and electricity development for many years, especially combined with successful practices of China's UHV development. This book is particularly suitable for researchers and graduated students engaged in energy sector, as well as energy economics researchers, economists, consultants, and government energy policy makers in relevant fields.

An essential reference for journalists, activists, and students, this book presents scientifically accurate and accessible overviews of twenty-four of the most important issues in the nuclear realm, including: health effects, nuclear safety and engineering, Three Mile Island and Chernobyl, nuclear medicine, food irradiation, transport of nuclear materials, spent fuel, nuclear weapons, and global warming. Each 'brief' is based on interviews with named scientists, engineers, or administrators in a nuclear specialty, and each has been reviewed by a team of independent experts. The objective is not to make a case for or against nuclear-related technologies, but rather to provide definitive background information. (The approach is based on that of ""The Reporter's Environmental Handbook"", published in 1988, which won a special award for journalism from the Sigma Delta Chi Society of professional journalists.) Other features of the book include: a glossary of hundreds of terms; an introduction to risk assessment; environmental and economic impacts, and public perceptions; an article by an experienced reporter with recommendations about how to cover nuclear issues; quick guides to the history of nuclear power in the United States, important federal legislation and regulations, nuclear position statements, and key organizations; and, references for print and electronic resources.

In the emerging post-Cold War new world order, the economics and politics of the oil industry will be quite different. New approaches and mechanisms are under way to deal with new challenges and old difficulties, such as environmental imperatives and the uncertainty of prices and availability. This edited volume provides an authoritative and comprehensive view of changing oil markets through informative discussions on global oil reserves, production and consumption trends, futures markets, refining, the political economy, and global environmental concerns. A very useful tool for researchers, scholars, and businesspeople in energy and environmental policy economics, political economics, economics of natural resources, and regional economics.

For over 130 years, Imperial Oil dominated Canada's oil industry. Their 1947 discovery of crude oil in Leduc, Alberta transformed the industry and the country. But from 1899 onwards, two-thirds of the company was owned by an American giant, making Imperial Oil one of the largest foreign-controlled multinationals in Canada. Imperial Standard is the first full-scale history of Imperial Oil. It illuminates Imperial's longstanding connections to Standard Oil of New Jersey, also known as Exxon Mobil. Although this relationship was often beneficial to Imperial, allowing them access to technology and capital, it also came at a cost, causing Imperial to be assailed as the embodiment of foreign control of Canada's natural resources. Graham D. Taylor draws on an extensive collection of primary sources to explore the complex relationship between the two companies. This groundbreaking history provides unprecedented insight into one of Canada's most influential oil companies as it has grown and evolved with the industry itself.

This standard reference serves the industrial community as an authoritative source on cooling water problems. The problems of corrosion measurement and control are intensively examined and the more recently developed cooling water additives are reviewed. Advances in treatment chemicals and chemical cleaning are thoroughly explored.

The water and power industries, including the most capital-intensive producers of goods and services in our economy, are exposed to financial risks of staggering proportions. With projects that are routinely large and require long-term planning, and with demand and supply often highly volatile, costs regularly defy prediction. Still, there has been little explicit analysis of financial risk in the water and power industries. In this work, C. Vaughan Jones provides a comprehensive discussion of financial risk and risk analysis for these utilities. Writing in clear, straightforward language, he explores the application of risk analysis to construction projects, rate-setting and price effects, and customer characteristics.

In developing a method for evaluating risk, Jones brings together material from business, engineering, economics, demography, probability theory, computer simulation, and policy studies. The materials are organized around risk factors affecting costs and revenues, and support a practical analysis with spreadsheet and simulation examples. Separate chapters present findings relating to the variability of construction costs, customer demand, and population growth. Together with qualitative information about risks, these chapters offer suggestions about quantitative representation of relevant patterns of variability of key risk sources. The techniques are integrated in simulation models dealing with contract risk, the evaluation of sinking funds and amortization schedules, and long-run capacity planning. The concluding chapters summarize major findings, consider issues of reliability and validation, and discuss the way in which this analysis can be applied to a variety of infrastructure investments. Finance and investment professionals and students in business and finance studies will find this work to be a useful reference tool. For public and academic libraries, it will represent a valuable addition to their collections.

The third book in the Getenergy Guides series, The Evolution of Four Energy Nations considers how four very different countries have evolved as oil and gas-producing nations and how the interventions of government, industry and the education and training sector have addressed workforce and skills development challenges in each of these countries. This volume will explore - in each case - the historical growth of the industry, the dynamics of the industry today and the projected direction of travel for the industry in the future. Within this context, the volume will examine the nature of the skills and workforce demands that each country has experienced and will analyze the influence of policy initiatives (including those related to the establishment and running of national oil companies), the impact of industry activities, and the role of education and training providers. Each of these four extended case studies will reveal what we can learn from past and recent experiences. The case studies will also explore the extent to which the effectiveness of approaches to skills and workforce development within the oil and gas industry are contextual and what commonalities there are in terms of success factors. The Guide will conclude with a set of observations regarding best (and worst) practices that can inform future interventions in hydrocarbon-producing nations across the world.

This book explains how and why large oil-producing corporations have affected government institutions, energy policy, and politics in the United States—and suggests how their influence can be reduced. Big oil is the leading factor in U.S. energy politics today; the largest oil-producing companies also constitute a formidable force and interest group in American politics. This book examines why oil is so important and how the prominence of huge corporations—often working in the absence of countervailing forces—has affected government institutions, policy (with a focus on energy policy), and politics in the United States. Analyzing big oil's influence on political outcomes, particularly through campaign contributions and lobbying, this book shows how strong corporate power affects political participation. The book documents how the influence of big oil flows in all directions, intricately connecting U.S. policies at all levels—foreign policy, federal, state, and even local—regarding oil exploration, development, production, and transportation. Readers will come away with a clear understanding of how these multi-tiered relationships between oil corporations and governments work to the advantage of corporations—and to the disadvantage of states and the citizens they represent.

This book explores the process of policymaking and implementation in the finance, energy and security sectors in the United Arab Emirates. It looks at the role of informal advisory networks in a nascent private sector, federal politics, and historical ties in foreign relations.

Increasing world demands for water call for new institutions and rules to minimize economic and political conflicts. Growing water quality problems from industry and agriculture only further exacerbate supply problems. Such conflicts can jeopardize economic and, in some parts of the world, even social order. To help understand the benefits and pitfalls of possible alternative organizations, the contributors focus on local, interregional and international cases, using a variety of economic analysis methods. Practitioners, students, and scholars will find this work a valuable resource in water policy, environmental policy, resource economics, and civil engineering.

This book discusses the economic, political, and environmental issues surrounding the international exploration and exploitation of conventional and unconventional natural gas. Shale gas development in recent years has changed the energy discussion in the US as existing reserves of natural gas coupled with horizontal drilling and hydraulic fracturing make exploitation of these reserves economically feasible; the discussion is quickly becoming international in scope. The potential expansion of natural gas development impacts many regions of the globe and spans multiple perspectives. In a volatile international climate, one of intense geopolitical conflict between Russia and the West, economic slowdowns in Europe and China, military conflicts in the Middle East and northern Africa, and widening income disparity in the U.S., a relatively inexpensive and plentiful energy source like shale gas could play a key role in mitigating such conflicts. In an energy interdependent global community, however, multiple factors such as oil prices, differing rates of exploration, environmental concerns, strategic initiatives, institutional changes, legal and regulatory issues, and actions of the nations involved all have the potential to influence future outcomes. This book discusses each of these in turn, detailing the issues most prevalent in each geographical area. The first volume to provide a comprehensive global view of the impacts of shale gas development, this book fills a gap in the current research literature, providing vital information for the scholarly community and the public alike. This book will be of interest to researchers and students of economics, energy policy, public administration, and international relations as well as policy makers and residents of the regions that are experiencing shale gas development.

This is the eagerly-awaited first volume of the definitive History of the British Coal Industry. Well before 1700 Britain had become heavily dependent upon coal for its fuel, and coal mining had taken its place among the nation's staple industries. John Hatcher traces the production and trade of coal from the intermittent small-scale activity which prevailed in the Middle Ages to the rapid expansion and rising importance which characterized the early modern era. Thoroughly grounded in a formidable range of sources, the book explores the economics and management of mining, the productivity and profitability of colliery enterprise, and the progress of technology. Dr Hatcher examines the owners and operators of collieries and the sources of mining capital, as well as the colliers themselves, their working conditions and earnings. He argues that the spectacular growth of coal output in this period was achieved more through evolutionary than revolutionary processes. This is a scholarly, detailed, and comprehensive study, which will be an essential source for all historians of the medieval and early modern economy, and fascinating reading for anyone with an interest in the British coal industry.

The modern world is built on commodities - from the oil that fuels our cars to the metals that power our smartphones. We rarely stop to consider where they have come from. But we should.

The World for Sale lifts the lid on one of the least scrutinized corners of the world economy: the billionaire commodity traders who buy, hoard, and sell the earth's resources. It is the story of how a handful of swashbuckling businessmen became indispensable cogs in global markets, enabling an enormous expansion in international trade and connecting resource-rich countries - no matter how corrupt or war-torn - with the world's financial centers.

The result is an eye-opening tour through the wildest frontiers of the global economy, as well as a revelatory guide to how capitalism really works.

Conflict Resolution of the Boruca Hydro-Energy Project is a case study that aims to profile best practices for sustainable development, indigenous human rights, and conflict resolution. In 2003, a joint project was developed between the United Nations University of Peace and the International Peace and Conflict Resolution program at Arcadia University to study the Boruca hydroelectrical conflict in Costa Rica. The aim was to bring together theory and practice and to reveal the link between peace and conflict resolution and sustainable development. Through partnerships with the Kan Tan Ecological Project and the indigenous communities in the region, and field studies to the Inter-American Court of Human Rights and local Civil Society Organizations, faculty and students utilized the mediation framework to identify the needs and interests of the primary conflict stakeholders. Conflict Resolution of the Boruca Hydro-Energy Project represents the culmination of this fieldwork and tests the mediation framework as suitable model for the resolution of environmental conflicts in Latin America. The Boruca project, proposed in the 1970s by the state-run corporation Instituto Costarricense De Electridad (ICE), will build a dam in the Boruca Canyon, changing the flow of the Terraba River and creating an artificial lake of 25.000 hectares. The largest of its kind in Central America, this project will generate approximately 1,500 megawatts and increase Costa Rica's energy production capability by as much as 50%. For ICE, not only will the project satisfy national electrical demand, it will also stimulate economic growth, assist in the development of new technological corridors and new tourism projects, increase employment opportunities, and improve the quality of life for indigenous peoples living in Boruca area. For the indigenous population, however, the project represents a violation of their fundamental human rights since it will force the relocation of 2,000 to 3,000 indigenous peoples, flood areas of archeological and cultural significance to them, and affect their livelihood due to the resulting changes in the biodiversity. They also fear the social and environmental impacts of more tourism in the area. The increasingly dysfunctional communication between the Boruca people and ICE over the past 30 years has led to a breakdown of trust and a stalling of the project's development. Conflict Resolution of the Boruca Hydro-Energy Project follows these conflicts and the process by which the government-owned utility tried to find common ground between all stakeholders. Ultimately, it tests the mediation framework as an appropriate approach to the resolution of development conflicts, exploring the transferability of this approach to other countries in Latin America. This case study provides unique insights into Latin American environmental and development politics and will be of interest to any student, faculty, or policymaker looking to assess the mediation framework.