Book contents
- Frontmatter
- Contents
- Figures and Tables
- Abbreviations and Acronyms
- Foreword
- INTRODUCTION
- KEYNOTE ADDRESSES
- GLOBAL ENERGY MARKETS AND THE WORLD ECONOMY
- 1 Oil Markets and the Strategic Outlook for the Middle East
- 2 Key Energy Challenges for the World Economy to 2050
- 3 Changing Oil Fundamentals: Impacts on Energy Security and the Global Oil Market
- EMERGING TRENDS IN NUCLEAR ENERGY
- PROSPECTS FOR RENEWABLE ENERGIES
- POLICIES FOR GCC PRODUCERS
- Contributors
- Notes
- Bibliography
- Index
2 - Key Energy Challenges for the World Economy to 2050
from GLOBAL ENERGY MARKETS AND THE WORLD ECONOMY
Published online by Cambridge University Press: 05 November 2014
- Frontmatter
- Contents
- Figures and Tables
- Abbreviations and Acronyms
- Foreword
- INTRODUCTION
- KEYNOTE ADDRESSES
- GLOBAL ENERGY MARKETS AND THE WORLD ECONOMY
- 1 Oil Markets and the Strategic Outlook for the Middle East
- 2 Key Energy Challenges for the World Economy to 2050
- 3 Changing Oil Fundamentals: Impacts on Energy Security and the Global Oil Market
- EMERGING TRENDS IN NUCLEAR ENERGY
- PROSPECTS FOR RENEWABLE ENERGIES
- POLICIES FOR GCC PRODUCERS
- Contributors
- Notes
- Bibliography
- Index
Summary
A distinguishing feature of the industrial revolution is the unprecedented increase in productivity brought about by the use of various forms of energy. The developed countries have used substantial energy resources to fuel their rapid economic growth, and the extensive use of fossil fuels – particularly coal – has had a detrimental effect on the environment. The benefits incurred by this development were generally internal – in the shape of improved productivity and quality of life – but the consequences of increasing carbon emissions have impacted the world as a whole through excessive rain, droughts, and temperature changes. For example, excessive use of fossil fuels has not only damaged the global environment, but also the future security of global agriculture.
Rising temperatures and rising tides due to climate change could reduce food supply in the Pacific. With over 10 million people in developing countries in the region, this is a threat that we cannot ignore.
Unless action is taken soon, climate change threatens to frustrate efforts to combat hunger and malnutrition among the Pacific region's poorest, according to a new report from the Asian Development Bank (ADB).
In 2010, the world consumed about 508 quadrillion British thermal units (qBtu) of total primary energy consumption (TPEC), which resulted in 30.3 billion metric tons of carbon emissions.
- Type
- Chapter
- Information
- Global Energy MarketsChanges in the Strategic Landscape, pp. 65 - 96Publisher: Emirates Center for Strategic Studies and ResearchPrint publication year: 2012