Among the books on the world energy crisis, on technological
possibilities for self-sufficiency, and on various energy sources,
this is one of a very few to address the practicalities of
government regulatory responsibilities versus the pursuit of profit
in the private sector and to look at the processes, logistics, and
complex interactions among private energy companies, financial
sectors, and national governments. The authors provide answers to
such questions as: How do oil company operations influence
government policies? What kinds of energy projects can be financed
by existing financial institutions? How does the availability of
insurance affect innovations in energy? They also examine how major
investors and governments make decisions about the management of
the volatile mix of political, economic, and technological risks
that buffet the energy sector; critique the conventional wisdom
concerning the major fuels; and project the likely evolution of the
world energy market over the next decade.
General
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