Semafor Net Zero: One Good Text
After winning a $20 billion contract with Google, Intersect Power wants to “create a whole new class of real estate.”
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External Publications by Tim Boersma & Akos Losz • January 26, 2018
This book chapter, in the Handbook of the International Political Economy of Energy and Natural Resources, offers a comprehensive assessment of the rapidly changing international political economy (IPE) of natural gas. On the one hand, the shale revolution puts an end to previous notions of resource scarcity, while liquefied natural gas (LNG) trade increasingly connects regional gas markets and international pricing patterns are increasingly reflective of market fundamentals. On the other hand, most investments in new energy sources flow to renewable technologies. The chapter explores what this paradigm shift means for markets, states, and the power dynamics between established and new players in the emerging natural gas landscape. It finds that with the coming-of-age of natural gas, American LNG will increasingly challenge the market power of established players such as Russia and Qatar. At the same time, the chapter argues, the climate regime, national politics and infrastructure bottlenecks render the role of gas in the future energy system highly uncertain.
The chapter and full book are available for purchase here.
Calls to "Drill, baby drill" are back with Donald Trump's return to the White House, and for US natural gas production, the catchphrase might also be a necessity over the next three years if demand for the fuel grows as steeply as expected.
China’s demand for oil, long an important driver of global oil demand growth, slowed dramatically during January–September 2024.
The US Federal Reserve (Fed) commenced its monetary easing cycle on Wednesday with an aggressive 50 basis points policy rate cut.
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External Publications by Tim Boersma & Akos Losz • January 26, 2018