Search Results for demand
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Discussion

Preparing the Next Generation of Energy Leaders

Author(s): Gernot Wagner
Lead Senior Economist
Environmental Defense Fund
Date: June 16, 2015 at 8:00 AM

What determines the cost of a ton of coal? Is OPEC an oligopoly? Should we subsidize low-carbon energy or tax fossil fuels? Do Prius owners drive more? These are among the questions I cover in my Economics of Energy class. I’ve taught this class at Columbia University’s School of International and Public Affairs for the past five years. I hope to receive your feedback on how to improve this course. The course has two goals: to provide a set of tools to approach these and many other fundamental questions in energy economics, and to do so in plain English. Last… [more]

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Will Demand for Oil Peak by 2035?

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: June 2, 2015 at 1:00 PM

Many are familiar with peak oil theory — the idea that global oil production will hit a ceiling and then decline — yet the concept of peak oil demand, where demand will plateau before supply, appears to be replacing this controversial hypothesis. Amy Myers Jaffe, Executive Director of Energy and Sustainability at UC Davis, recently wrote in the Wall Street Journal that a combination of technical, economic, environmental and demographic shifts could lead to peak global oil demand in the next two decades. By contrast, the Energy Information Administration (EIA) projects that global oil demand will rise from 87 million barrels per… [more]

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The New Energy Landscape

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: May 8, 2015 at 11:26 AM

Full Title: The New Energy Landscape Author(s): Goldman Sachs Publisher(s): Goldman Sachs Publication Date: 04/2014 Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): Less than a decade ago, the global energy forecast seemed bleak. Global demand quickly outpaced new sources of supply, driving oil’s march toward an unprecedented high of $145 per barrel. Rising prices put downward pressure on global economic growth, and many countries, including the U.S., were largely dependent on foreign supplies. In 2006, the U.S. — the world’s largest consumer — imported 56 percent of its total oil consumption. Fear of geopolitical events impacting access to energy increased, along with concerns… [more]

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Focus on Energy Security: Costs, Benefits and Financing of Holding Emergency Oil Stocks

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: April 23, 2015 at 10:36 AM

Full Title: Focus on Energy Security: Costs, Benefits and Financing of Holding Emergency Oil Stocks Author(s): Jan Stelter and Yuichiro Nishida Publisher(s): International Energy Agency (IEA) Publication Date: 2013 Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): Oil is traded in a market where uncertainty, price volatility, and sudden supply disruptions are common characteristics. Natural disasters, political disagreements and wars can seriously affect supply and demand, and consequently economic activity. One particularly powerful tool of IEA member countries to respond to such disruptions is emergency oil stocks. In its history the IEA released stocks on three occasions, reducing supply shortfalls and the associated… [more]

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