A theory of global energy governance /
'A Theory of Global Energy Governance' offers a unitary and interdisciplinary theory of global energy governance that explains the interlinkage between domestic and global energy decision-making processes. It lays out a new path to resolve geopolitical tensions grounded in a shared sense o...
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| Format: | eBook |
| Language: | English |
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Oxford :
Oxford University Press,
[2025]
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| Online Access: | Connect to the full text of this electronic book |
| Summary: | 'A Theory of Global Energy Governance' offers a unitary and interdisciplinary theory of global energy governance that explains the interlinkage between domestic and global energy decision-making processes. It lays out a new path to resolve geopolitical tensions grounded in a shared sense of belonging within the global energy commons. Energy governance today is at a crossroads. Whether it is energy security, climate change, or the cost of energy, policy has to grapple with how best to achieve critical outcomes in an increasingly hostile world. This book provides a unitary theory of energy governance that explains the interlinkage between domestic and global energy decision-making processes. This unitary theory links energy decisions to a global energy cycle. It explains how policy decisions responding to the global energy cycle create geopolitical tensions to which energy realpolitik responds, and describes the benefits and limitations of prudent realpolitik in organizing global energy processes. The book proposes that these limitations can be overcome by understanding that energy governance domestically is rooted in a bond of energy belonging. This bond explains how domestic policymakers attempt to orient incentives for innovators, financiers, and value chain participants to achieve critical energy outcomes. It argues that this bond of belonging can be applied to global energy governance and contrasts this energy bond of belonging to realpolitik and to decision-making leading to the tragedy of the commons. It also argues that the bond of belonging works with and improves realpolitik balances of global energy power by stabilizing these equilibria through greater energy innovation and a diffusion consistent with a fair distribution of global energy benefits and burdens. |
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| Physical Description: | 1 online resource |
| Audience: | Specialized. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9780198950325 0198950322 9780198950301 0198950306 |