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| 1 |
ID:
110703
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| Publication |
2011.
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| Summary/Abstract |
China's rapid economic growth has led to a huge increase in oil imports. This has raised great concern regarding its energy security because China depends on a single chokepoint, the Strait of Malacca, with nearly three-quarters of its oil imports flowing through the Strait. Given its strategic importance to China and China's little sway on the waterway, this viewpoint focuses mainly on China's concerns about and efforts at both demand and supply sides towards energy security, in particular regarding the Malacca dilemma, and puts potential Arctic oil and gas into that context.
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| 2 |
ID:
092735
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| Publication |
2009.
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| Summary/Abstract |
The climate-trade nexus gains increasing attention as governments are taking great efforts to forge a post-2012 climate change regime to succeed the Kyoto Protocol. This raises the issues of the scope of trade-related measures and of when and how they could be used. This paper discusses how far trade-related measures should be incorporated in that context. Drawing on an analogy to the Montreal Protocol and comparing developing country's climate mitigation and adaptation needs with the funding available, the paper argues that such measures should initially be applied only among Annex I or II countries. To discipline the use of unilateral trade measures at the international level, the paper emphasizes a need to define comparable climate efforts. Moreover, the Lieberman-Warner bill in the US Senate-taken as a proxy for future US climate legislation-is assessed, and found to be neither effective nor likely to be WTO-consistent. The paper is concluded by arguing that, in order to encourage developing countries to do more to combat climate change, developed countries should focus on carrots. Sticks can be incorporated, but only if they are credible and realistic and serve as a useful supplement to push developing countries to take actions or adopt policies and measures earlier than would otherwise have been the case.
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| 3 |
ID:
115168
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2012.
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| Summary/Abstract |
This paper argues that both China and the Western countries need to de-politicize China's global quest for energy security. The Western politicians need to recognize that their rhetoric in relation to China's efforts to secure energy supplies overseas has done nothing but intensify China's fear that they might seek to deny China's access to the oil it needs for the development. China needs to reconsider its stance of distrusting global oil markets and to recognize that the reliance on aggressive acquisitions of overseas oil fields and equity oil production has been of little help in strengthening its energy security. Given that China's energy security depends increasingly and deeply on the stability of global oil markets and reliable and growing oil supplies to the market, China shares with other major oil importing countries profound common interests in maintaining and strengthening the stability of global oil markets and reducing the chance of potential disruptions to oil supply and the resulting damaging oil price shocks.
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