| ID | 137126 |
| Title Proper | Shale revolution |
| Other Title Information | its impact and implications for India |
| Language | ENG |
| Author | Nafey, Abdul |
| Summary / Abstract (Note) | Production of shale oil and gas had begun in North America around 2007; however, its full impact began to be felt only around 2011. Its advent has been likened to that of the sighting of a ‘Black Swan’, an event that is rare, unusual and unexpected, and which is transformational of the ways in which the world lives and believes. Understandably, therefore, it has come to be described as a ‘revolution’. Nearly every one concurs that the shale revolution is to here stay. This essay examines two major issues associated with the shale revolution which bear scholarly significance: (i) its meaning in terms of global energy security, and the structural change that this revolution is bringing about in the global balance of power, the prospects of economic development, and climate change negotiations; and (ii) its impact and implications for India’s energy security, besides whatever else it may hold in terms of geo-political and economic opportunities |
| `In' analytical Note | Indian Foreign Affairs Journal Vol.9, No.4; Oct-Dec.2014: p.370-383 |
| Journal Source | Indian Foreign Affairs Journals 2014-12 9, 4 |
| Standard Number | Economic Development |