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A sound knowledge of different facets of petro-Economics is a
economics is a sine quo non particularly for the petro-chemical
sectors dealing with exploration, development, production,
refining, transportation. Storage and marketing of oil, natural gas
and a wide range of petro- products. Evolution and application of
the concept of petro-economics, following the first-ever major '
oil shock' in the early 1970s has gained strategic significance and
tremendous momentum from the first decade of the 21st century on
the following ground: (i) Emerging need for integration of national
energy security with global energy security environment; (ii)
Growing concern for safeguarding dwindling strategic oil and
natural gas reserves to cater to the growing economy in the
developing world (particularly the BRIC nations) with much greater
projected future demand for oil and natural gas; (iii) segmentation
of the global oil and natural gas market on a geo-political basis,
compounded by the overwhelming ramifications of regional economic
unions; (iv) price structuring, rationalization/ parity, and
attendant accounting problems of oil and natural gas in terms of
upstream, midstream, downstream, marketing/ retailing activities
associated with crudes, refined oil and natural gas (including LNG,
CNG) products.
This book covers the new Strategic intent of nations to secure
energy resources for themselves. This concept implies how nations
judicially optimize the basket of energy resources and their secure
supplies for a foreseeable future so that the wheels of their
economy keep on running smoothly. This looks into various
international treaties, secure reserves and development of
strategic reserves.
Global warming and consequential climate change pose the greatest
threat and challenge for the survival of the humanity and other
life forms in this planet. There is an universal recognition and
unanimity now by the global community at large that the earth's
climate is changing rather more rapidly in recent years than in the
past with disastrous and irreparable consequences. This, among
other things is largely due to phenomenal anthropogenic
interferences, resultant of accelerated growth of hydro-carbon
propelled and energy-intensive industrialization in a
hyper-competitive business world. Consequentially, the level of
Green House Gas (GHG) emissions is fast becoming alarming,
particularly for the developed as well as the fast developing
economy; such as the BRIC and BASIC countries.
In the present time of uncertainties over the future of our
environment and the ineptness shown by our leaders in taking tough
decisions, the Copenhagen Summit in 2009 was seen as a ray of hope.
However, there was very little that resulted from it. In the light
of such a turn of events, this is a book which evaluates all the
options for saving our planet, our present environmental policies
and also tries to carve out the road ahead, not just for the
different nations, but for the entire humanity...
The age-old accumulated knowledge on the science of global climate
change, visible evidences and advances in research findings on
adverse impacts of these changes on ecology, human & animal
life, energy and economy necessitates a proper documentation of
these events to guide our future options, alternate strategies and
long- term policies to be evolved on abatement of the declining
trend of climate and its stabilization in order to save the planet
from further devastation. Global review of the scientific
literature on the subject, their careful scrutiny and analysis also
calls for creation of deeper awareness, appreciation and
understanding of the interrelationship between the desirability of
reversing the processes of climate change as well as building
simultaneously the concept of Sustainable energy development to
bear upon its impact on the former processes. The book on Global
Climate change and Sustainable Energy Development seeks to
harmonize the two apparently conflicting approaches. The book,
inter alia covers a glossary of useful and appropriate technical
terminologies in the wide-ranging areas of Global climate, Emission
Trading, Energy Security, Sustainable Energy Development and allied
areas with appropriate referencing. The book also provides valuable
and a plethora of updated information on the scientific basis of
global climate change, the parameters to measure their impacts,
various policy and programe measures to abate climate change and
reduce emissions of greenhouse gases, the proactive roles of
International funding and cooperation agencies to supplement the
regional and domestic efforts, exploring the nexus between climate
and energy security to help evolve strategy for sustainable energy
development as a major global initiative in future.
In past two decades, Globalization has activated and propelled the
process of integration of nation economy with the global economy
through virtual removal of all conceivable forms trade barriers
across geopolitical boundaries. This, in turn, has opened-up
enormous new vista of trade opportunities for international trading
players and partners for business expansion ventures through
multilateral contracts, deals and negotiations in all sectors of
economy. Hence, to move on with the fast changing global economy
the shape of things to come should be to resort to 'Break-through
negotiation' in most innovative, imaginative an challenging way to
overcome cross-cultural and geopolitical barriers often confronted
with in dealing global businesses. Within the broad parameters of
this central theme, the Book on Global Business Negotiation
provides a comprehensive treatise on the emerging concepts of
global trade negotiations as are relevant and applicable in modern
times to increasingly diverse, complex and hyper-competitive
business environment. The book not only seeks to provide a broad
framework of the processes, premises, various modalities as well as
conditionality in which to conduct negotiations to eventually
create a win-win situation, but also hopefully attempts to expose
the readers to practical insights and live examples of successful
negotiations that are actually happening in challenging business
environment.
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