Shale Energy Revolution

Shale Energy Revolution

Author: Binlei Gong

Publisher: Springer Nature

ISBN: 9789811548550

Category: Business & Economics

Page: 217

View: 634

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This book answers the following questions: How will the global oil and gas market change in the next decade? How does the United States become the world's biggest oil and gas producer? What is the current condition of China's Shale Industry and energy security? Is hydraulic fracturing and horizontal drilling technology cheered or feared? Is energy production driven by economy or environment? Who are the major competitors in this market? This book covers not only macro analysis at country-level, but also micro analysis at firm-level, which helps investigate this industry more comprehensively.

The Palgrave Handbook of Managing Fossil Fuels and Energy Transitions

The Palgrave Handbook of Managing Fossil Fuels and Energy Transitions

Author: Geoffrey Wood

Publisher: Springer Nature

ISBN: 9783030280765

Category: Technology & Engineering

Page: 647

View: 648

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This Handbook is the first volume to comprehensively analyse and problem-solve how to manage the decline of fossil fuels as the world tackles climate change and shifts towards a low-carbon energy transition. The overall findings are straight-forward and unsurprising: although fossil fuels have powered the industrialisation of many nations and improved the lives of hundreds of millions of people, another century dominated by fossil fuels would be disastrous. Fossil fuels and associated greenhouse gas emissions must be reduced to a level that avoids rising temperatures and rising risks in support of a just and sustainable energy transition. Divided into four sections and 25 contributions from global leading experts, the chapters span a wide range of energy technologies and sources including fossil fuels, carbon mitigation options, renewables, low carbon energy, energy storage, electric vehicles and energy sectors (electricity, heat and transport). They cover varied legal jurisdictions and multiple governance approaches encompassing multi- and inter-disciplinary technological, environmental, social, economic, political, legal and policy perspectives with timely case studies from Africa, Asia, Australia, Europe, North America, South America and the Pacific. Providing an insightful contribution to the literature and a much-needed synthesis of the field as a whole, this book will have great appeal to decision makers, practitioners, students and scholars in the field of energy transition studies seeking a comprehensive understanding of the opportunities and challenges in managing the decline of fossil fuels.

Myths of the Oil Boom

Myths of the Oil Boom

Author: Steven A. Yetiv

Publisher: Oxford University Press, USA

ISBN: 9780190212698

Category: Business & Economics

Page: 273

View: 666

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"The last decade has seen a far-reaching revolution in the oil industry, both in the US and globally. By some measures, America is on pace to become the world's biggest oil producer in the next decade, an outcome that was inconceivable just a few years ago. But does this shift mean that the US will no longer be beholden to foreign autocrats? That prices will go down for consumers? That the global oil supply is less susceptible to shocks? In The American Oil Boom, Steve A. Yetiv, an award-winning expert on the geopolitics of oil, takes stock of our new era of heightened petroleum production and sets out to demolish both the old myths and misconceptions about oil as well as the new ones that are quickly proliferating. As he explains, increased production in the US will not lead to a reduction in prices, in part because oil is globally traded and OPEC will defend against low prices. America will not intervene less in the Persian Gulf just because it is producing more oil domestically. Saudi Arabia is less willing or able to play global gas pump to the world economy than in the past. Building an electric car industry does not mean that consumers will buy in, but neither is it true that a broad shift toward eco-friendly cars will have very little impact on greenhouse gas emissions. Most importantly, raising the level of domestic production will never solve America's energy and strategic problems, and may even worsen climate change, unless it is accompanied by a serious national and global strategy to decrease oil consumption. These are just some of the myths that Yetiv takes on in this panoramic account. This is not just an exercise in myth-busting, however; it's also a comprehensive overview of the global geopolitics of oil and America's energy future, cross-cutting some of the biggest security and political issues in world affairs. Accessibly written and sharply argued, The American Oil Boom will reframe our understanding of the most politicized commodity in the world"--

The Triple Challenge for Europe

The Triple Challenge for Europe

Author: Jan Fagerberg

Publisher: Oxford University Press, USA

ISBN: 9780198747413

Category: Business & Economics

Page: 298

View: 227

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Europe is confronted by an intimidating triple challenge: economic stagnation, climate change, and a governance crisis. This book demonstrates how these challenges are inter-related, and discusses how they can be dealt with more effectively in order to arrive at a more economically secure, environmentally sustainable and well governed Europe.

OPEC in a Shale Oil World

OPEC in a Shale Oil World

Author: Mohamed Ramady

Publisher: Springer

ISBN: 9783319223711

Category: Political Science

Page: 269

View: 372

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RAMADy, Mahdi OPec in a sHALE oil world –where to NEXT? With PREFACE by Dr. Sadad Al Husseini , former Board Member and Executive Vice President , Saudi Aramco. "OPEC has played an important role since its founding and continues to do so, but it has to recognize that this role has now changed and the organization has to adapt to new challenges. This book provides some possible solutions" Abdulsamad Al Awadhi, former Kuwait National Representative at OPEC . "Authoritative, well-informed, and excellent account of the role of OPEC in managing the oil market, present, past, and future" Hassan Qabazard, former Director of Research Division , OPEC. ". The call for action by Mohamed Ramady and Wael Mahdy in this book makes it clear that time, and not oil, is the precious commodity that is running out fast on OPEC’s side", Sadad Al Husseini , former Board Member and EVP Saudi Aramco “OPEC is dead. Long live OPEC”. The organization is now going through a mid life crisis in its 54 years of existence trying to figure out where it goes next in a world where OPEC has been relegated from being the energy swing producer, and Saudi Arabia as the ‘Sultan of the Swing,’ to one where it now faces competition from both non- OPEC traditional well as non-conventional shale producers. The Authors examine how OPEC has had to come to terms with the reality that the earlier decades ‘call on OPEC’ has now been replaced by a ‘call on non-OPEC’ and that a new ‘swing’ has been identified- the producers of shale oil. Drawing upon the Authors combined academic and practical first hand insights on OPEC, the book discusses how a new OPEC paradigm has emerged following the oil price rout of 2014, whereby the organization’s principal concern is now protecting market share, without being in charge unlike earlier fleeting periods of the late 1970’s, which brought with it a lasting myth of the OPEC cartel. Mohamed Ramady is Visiting Associate Professor, King Fahd University of Petroleum and Minerals, Saudi Arabia; Wael Mahdi is Bloomberg OPEC Energy Correspondent.

The Fossil Fuel Revolution

The Fossil Fuel Revolution

Author: Daniel J. Soeder

Publisher: Elsevier

ISBN: 9780128153987

Category: Business & Economics

Page: 354

View: 681

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The Fossil Fuel Revolution: Shale Gas and Tight Oil describes the remarkable new energy resources being obtained from shale gas and tight oil through a combination of directional drilling and staged hydraulic fracturing, opening up substantial new energy reserves for the 21st Century. The book includes the history of shale gas development, the technology used to economically recover hydrocarbons, and descriptions of the ten primary shale gas resources of the United States. International shale resources, environmental concerns, and policy issues are also addressed. This book is intended as a reference on shale gas and tight oil for industry members, undergraduate and graduate students, engineers and geoscientists. Provides a cross-cutting view of shale gas and tight oil in the context of geology, petroleum engineering, and the practical aspects of production Includes a comprehensive description of productive and prospective shales in one book, allowing readers to compare and contrast production from different shale plays Addresses environmental and policy issues and compares alternative energy resources in terms of economics and sustainability Features an extensive resource list of peer-reviewed references, websites, and journals provided at the end of each chapter

Environmental Considerations Associated with Hydraulic Fracturing Operations

Environmental Considerations Associated with Hydraulic Fracturing Operations

Author: James A. Jacobs

Publisher: John Wiley & Sons

ISBN: 9781119336105

Category: Technology & Engineering

Page: 576

View: 274

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A guide to environmental and communication issues related to fracking and the best approach to protect communities Environmental Considerations Associated with Hydraulic Fracturing Operations offers a much-needed resource that explores the complex challenges of fracking by providing an understanding of the environmental and communication issues that are inherent with hydraulic fracturing. The book balances the current scientific knowledge with the uncertainty and risks associated with hydraulic fracking. In addition, the authors offer targeted approaches for helping to keep communities safe. The authors include an overview of the historical development of hydraulic fracturing and the technology currently employed. The book also explores the risk, prevention, and mitigation factors that are associated with fracturing. The authors also include legal cases, regulatory issues, and data on the cost of recovery. The volume presents audit checklists for gathering critical information and documentation to support the reliability of the current environmental conditions related to fracking operations and the impact fracking can have on a community. This vital resource: Contains the technical information and mitigation recommendations for safety and environmental issues related to hydraulic fracturing Offers an historical overview of conventional and unconventional oil and gas drilling Explains the geologic and technical issues associated with fracking of tight sand and shale formulations Presents numerous case studies from the United States EPA and other agencies Discusses issues of co-produced waste water and induced seismicity from the injection of wastewater Written for environmental scientists, geologists, engineers, regulators, city planners, attorneys, foresters, wildlife biologists, and others, Environmental Considerations Associated with Hydraulic Fracturing Operations offers a comprehensive resource to the complex environmental and communication issues related to fracking.

Energy and Environmental Strategies in the Era of Globalization

Energy and Environmental Strategies in the Era of Globalization

Author: Muhammad Shahbaz

Publisher: Springer

ISBN: 9783030060015

Category: Business & Economics

Page: 439

View: 557

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This book provides readers with cutting-edge techniques that can be applied to energy and environmental economics. Further, it highlights the effects that both globalization and economic growth have on the environment. In addition to offering a broader perspective on the relationship between environmental pollution, energy consumption and economic growth, the book studies the relationship between economic growth and environmental damage by drawing on the theoretical hypothesis of the Environmental Kuznets Curve. The book presents new econometric techniques and innovative approaches to the study of the energy economy. Accordingly, it can be used to help analyse the current state of the energy economy, the environment and globalization, and can serve as a theoretical reference manual for doctoral students and academics seeking new analytical techniques.

The Future of Oil and Fiscal Sustainability in the GCC Region

The Future of Oil and Fiscal Sustainability in the GCC Region

Author: Mr.Tokhir N Mirzoev

Publisher: International Monetary Fund

ISBN: 9781513525907

Category: Business & Economics

Page: 55

View: 965

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The oil market is undergoing fundamental change. New technologies are increasing the supply of oil from old and new sources, while rising concerns over the environment are seeing the world gradually moving away from oil. This spells a significant challenge for oil-exporting countries, including those of the Gulf Cooperation Council (GCC) who account for a fifth of the world’s oil production. The GCC countries have recognized the need to reduce their reliance on oil and are all implementing reforms to diversify their economies as well as fiscal and external revenues. Nevertheless, as global oil demand is expected to peak in the next two decades, the associated fiscal imperative could be both larger and more urgent than implied by the GCC countries’ existing plans.

Economics of the International Coal Trade

Economics of the International Coal Trade

Author: Lars Schernikau

Publisher: Springer

ISBN: 9783319465579

Category: Science

Page: 463

View: 772

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This book is the 2nd edition of the Economics of the International Coal Trade. Coal is the single most important source of power on our planet and today accounts for 40% of electricity generation and 30% of primary energy. The world’s appetite for energy is still far from being met. Until 2050, an additional 6+ billion people will require accessto proper power. “Why Coal Continues to Power the World” introduces the reader to the global coal business; its importance; its source; its global demand, supply and trade; its use; its environmental impact; and its future. Despite recent price hikes, coal does not appear to be a popular subject today, which may explain the little attention it receives in the scientific community. Since writing the first edition during the commodity super cycle in 2006–2008, the world has changed. How has this impacted the global world of coal? This book is useful to energy economists, businessmen, politicians, university professors, high school teachers, students and anyone with an interest in how the world is powered. It is also helpful to anyone studying climate change and global warming. This new edition of the book includes previously not covered special sections on:* Coal analysis and sampling with a special section on moisture * A technical summary of all key coking coal characteristics in Appendix 2 * Coking coal, iron ore and the steel industry * Cement and petcoke markets * Global gas markets and the shale gas revolution in the US * Nuclear energy and the history of the oil market * Renewable energy and the German „Energiewende“ * Power plant technology and CO2 sequestration and processing * The role of CO2 and why man-made CO2 does not cause global warming Apart from giving an in-depth overview of the global coal business, in this book the author argues that coal is far from “dead”. Some of my key messages are contrary to popular beliefs: The importance of coal will further increase in absolute and likely even in relative terms for decades to come. Man-made CO2 has no effect on global temperatures and combustion of fossil fuels does not influence the weather. We cannot stop the advance of coal, we can only make this process as environmentally sustainable as humanly possible. Therefore, mankind needs to embrace coal as the “bridge” from the Oil Age to the Solar Age (through the “New Energy Revolution”). (4) Industrialized nations have to invest in coal and in all means to more efficiently burn coal in order to truly help the global environment and reduce global dust, SOX, and NOX emissions.

Econometrics of Green Energy Handbook

Econometrics of Green Energy Handbook

Author: Muhammad Shahbaz

Publisher: Springer Nature

ISBN: 9783030468477

Category: Business & Economics

Page: 330

View: 700

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This book gathers cutting-edge studies on the relationship between energy innovations, economic growth, environmental regulation, promotion of renewable energy use, and climate change. Building on the research discussed in the editor’s previous book Decarbonization and Energy Technology in the Era of Globalization, it discusses recent developments such as the impacts of globalization and energy efficiency on economic growth and environmental quality. It also explores the ways in which globalization has benefited green energy development, e.g. the expansion of new technologies and cleaner machinery, as well as the problems it has caused. Written by respected experts, the respective contributions address topics including econometric modelling of the behaviour of and dynamics between economic growth and environmental quality, aspects of energy production and consumption, oil prices, economic growth, trade openness, environmental quality, regulatory measures, and innovations in the energy sector. Providing a comprehensive overview of the latest research, the book offers a valuable reference guide for researchers, policymakers, practitioners and students in the fields of renewable energy development and economics.