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Globalization And The New Energy Challenges

Author

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  • Preda (Andreescu) Mihaela

    () (Academy of Economic Studies - Bucharest, Romania, Faculty of International Business and Economics)

Abstract

A New Global Energy Economy is emerging, in which energy demand and supply issues will make regions of the world much more dependent upon each other. International extensive energetic interdependence on energy resources and networks grows in the global economy. Some $22 trillion of investment in supply infrastructure is needed to meet projected global demand until 2030. Mobilising all this investment will be challenging. Adherence to these policies will ensure that the global energy investments materializes, the necessary infrastructure is built, and the lengthening worldwide energy supply chain operates in security. Strong global energy policy is needed to move the world into a more sustainable energy path.

Suggested Citation

  • Preda (Andreescu) Mihaela, 2008. "Globalization And The New Energy Challenges," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 170-176, May.
  • Handle: RePEc:ora:journl:v:1:y:2008:i:1:p:170-176
    as

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    File URL: http://steconomice.uoradea.ro/anale/volume/2008/v1-international-business-and-european-integration/031.pdf
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    References listed on IDEAS

    as
    1. Andris Piebalgs, 2006. "Green paper: A European strategy for sustainable, competitive and secure energy," CESifo Forum, Ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 7(2), pages 8-20, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    energy security; extensive energetic interdependency; global energy consumption; supply infrastructure;

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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