Maintaining Energy Security in a Global Context

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For policymakers in Europe, North America, and Japan, maintaining energy security has three faces, argue the authors of this book. The first involves limiting the world economy’s vulnerability to disruption as dependence rises on oil imports from an unstable Persian Gulf region; the second involves more broadly assuring the reasonably smooth functioning of the international energy system over time—so that supply is provided for rising demand at reasonable prices; the third is the energy- related environmental ...

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Overview

For policymakers in Europe, North America, and Japan, maintaining energy security has three faces, argue the authors of this book. The first involves limiting the world economy’s vulnerability to disruption as dependence rises on oil imports from an unstable Persian Gulf region; the second involves more broadly assuring the reasonably smooth functioning of the international energy system over time—so that supply is provided for rising demand at reasonable prices; the third is the energy- related environmental challenge. The authors examine all three of these broad policy challenges and explain that policymakers must help steer the evolution of the international energy system over time to keep it within the constraints of sustainable development.

The book includes chapters on energy policies in North America, Europe, and Japan; energy investment in Russia, Central Asia, and the Caucasus; and the energy dynamics of rapidly industrializing countries, particularly in Asia. The two final chapters focus on nuclear energy and on the environmental challenge. The authors contend that the greatest contribution of nuclear power to energy security may be in the context of long- term sustainable development, if the growth of fossil fuel emissions needs to be significantly curtailed.

 

Author Description:

William F. Martin is Chairman of Washington Policy and Analysis, Inc., and international energy consulting firm. He served as U.S. Deputy Secretary of Energy, Executived Secretary of the National Security Council in the White House, and Special Assistant to President Ronald Reagan. Martin is a member of the Board of the World Resources Institute, and a member of the Council on Foreign Relations.

Ryukichi Imai is Professor of Social Sciences at Kyorim University Graduate School, and a Distinguished Research Fellow at the Institute of International Policy Studies in Tokyo. Previously, he served as Japan’s Ambassador to the Conference on Disarmament in Geneva, to Kuwait, and to Mexico.

Helga Steeg was the Executive Director of the International Energy Agency from 1984 to 1994. Before joining the International Energy Agency, she held several senior positions with the Federal Republic of Germany’s Economic Ministry. From 1973 to 1984 Steeg was Director General of the Department of Foreign Economic Policy.

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Product Details

  • ISBN-13: 9780930503734
  • Publisher: Trilateral Commission
  • Publication date: 6/1/1996
  • Series: Triangle Papers Series
  • Pages: 142

Table of Contents

Introduction: The Three Faces of Energy Security
I. PERSIAN GULF EXPORTERS AND INTERNATIONAL MARKETS
A. Persian Gulf Exporters and World Oil Supplies
B. The World Economy's Dependence on Oil
C. More Producers, in a Traditional Commodity Market
D. The Integration of Interests
II. COORDINATED RESPONSES TO EMERGENCY SITUATIONS
A. The First Oil Shock
B. The Second Oil Shock and the Beginning of the Iran-Iraq War
C. The "Tanker War" and the Gulf War
D. Looking to the Future
III. SECURITY IN THE PERSIAN GULF
A. Arab-Israeil Peace Process
B. External Threats
C. Internal Threats
IV. TRILATERAL COUNTRIES: GOVERNMENTS AND MARKETS
A. North America
B. European Union Countries
C. Japan
V. ENERGY INVESTMENTS IN RUSSIA, CENTRAL ASIA, AND THE CAUCASUS
A. Overview of Russian Energy Sector
B. Foreign Investment in the Russian Energy Sector
C. Pipeline Politics in Central Asia and the Caucasus
VI. ENERGY DYNAMICS OF RAPIDLY INDUSTRIALIZING COUNTRIES
A. Energy Infrastructure Expansion
B. Energy Developments in China
C. Energy Developments in East Asia
D. Other Regions
VII. NUCLEAR ENERGY AND LONG-TERM ENERGY SECURITY
A. United States
B. Canada
C. OECD Europe
D. Japan
E. China and Developing East Asia
F. Central and Eastern Europe and the Former Soviet Union
VII. THE ENVIRONMENTAL CHALLENGE
A. Global Climate Change
B. Acid Deposition
C. Urban Air Pollution
D. Medium-Term and Long-Term Technological Options
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