Behold, Foreign Policy has announced “a new golden age of oil and gas.” Here’s the good news: unlike previous booms this one stands to benefit a wide swath of humanity, including places as far flung as the Canary Islands and the Falklands, Brazil and the Arctic.
The bad news: We could cook the planet. That little worry aside, government machinations might halt the bonanza before it even gets started. Argentina is a prime example; Russia and Brazil are guilty of the same logic, though to a lesser degree. Two assumptions appear to be at work: Western technology isn’t all that necessary, and China can be relied on as an energy partner.
Wrong on both counts, as I argue in an article on The National Interest’s website. There is a vast technology gap between the West and the rest when it comes to tight oil and gas technology. And China is also more discriminating in its energy deals than is widely believed.
U.S.–China Relations: Competition or Cooperation? The U.S. and China stand at the center of today’s most consequential global relationship—one that shapes trade, technology, security, and the future of international leadership.Great Decisions: U.S.–China Relations, a free classroom resource from the Foreign Policy Association, helps students explore the history, tensions, and interdependence between these two nations through […]
Dive into the essential topics shaping our world with Great Decisions 2025 E-book editions! Whether you’re seeking to stay ahead in international trends or join engaging debates, Great Decisions 2025 is your passport to understanding. Find your preferred e-book format and retailer below to get started: Barnes and Noble – Read on your Nook or any compatible device.Kobo – For […]
