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| 1 |
ID:
086953
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| Publication |
2009.
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| Summary/Abstract |
Current public policy debates on energy security are characterized by a singular focus on questions regarding access to resources. This lopsided attention to the geopolitical dimension of energy security is based on the myopic and erroneous presumption that global energy politics is necessarily a zero-sum game in which one country's energy security is another's lack thereof. In fact, debates deflect attention from the real issues that policy-makers should consider in their attempts to foster effective global energy governance-the central role increasingly international energy markets play in balancing demand and supply-and, even more importantly, the significance of the 'rules of the game' that structure these markets. This article makes a first attempt to apply a broader analytical lens by pointing out and analyzing the important role rules play in determining outcomes in international oil and gas markets; by examining how current trends are affecting the existing 'rules of the game'; and by highlighting consequences for public policy.
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| 2 |
ID:
123758
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| Publication |
2013.
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| Summary/Abstract |
Focusing on the relationship between oil imports and China's compromising and business-like attitude, this article shows that empirical observations do not support several commonplace assumptions that China's growing oil dependence leads to conflict scenarios. The non-escalating nature of the Chinese energy policy constitutes an intriguing puzzle. Although the country currently relies on foreign oil for more than half of its consumption, it does not possess a single overseas base, has not employed troops to secure oil supplies, and strongly relies on world markets to satisfy the growing energy demand. Instead, the main components of the Chinese policy are based on pragmatism fostering integration into existing supply systems and market institutions. This analysis, in turn, points to the importance of structural conditions within global energy politics on the one hand, and pragmatist behaviour on the other, rather than internal motivations or strategic intentions, in order to understand the evolution of China's energy policies. Finally, we briefly discuss the possibility of a reverse dynamic-possibly emerging due to a changing regional or global environment.
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