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US foreign energy policy and grand strategy choice: global systemic crises confronting the Obama Administration

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  • Barry Naughten

Abstract

The analysis of US foreign energy policy should be in the context of a 'grand strategy' choice between 'global hegemonism' and 'cooperative realism'. The latter is more viable in addressing a series of global systemic crises. The first of these crises is in the global security system itself as the world is involved in a transition toward multipolarity. The uneven economic development underlying this transition is complicated by the global financial-economic crisis since late 2008. These two systemic crises impact on a third, with a longer time-scale, namely that of 'dangerous' climate change and attempts to impose limits on greenhouse gas emissions, especially from the global energy sector. The fourth inter-linked crisis is in the global energy system itself between depleting supplies of conventional crude oil and rising demand for it. Resolution, or even effective management, of these crises requires inter alia the USA to seriously address issues in domestic policy – not least energy policy.

Suggested Citation

  • Barry Naughten, 2010. "US foreign energy policy and grand strategy choice: global systemic crises confronting the Obama Administration," International Journal of Global Energy Issues, Inderscience Enterprises Ltd, vol. 33(1/2), pages 89-119.
  • Handle: RePEc:ids:ijgeni:v:33:y:2010:i:1/2:p:89-119
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    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Now largest oil and gas producer, will the US get extra clout?
      by Barry Naughten, Energy Economist at Australian National University in The Conversation on 2013-10-08 06:33:24

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