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Energy and the Economy in North America

In: The Palgrave Handbook of International Energy Economics

Author

Listed:
  • Edward C. Chow

    (Center for Strategic and International Studies)

  • Jorge-Andres Rincon-Romero

    (Newmont Corporation)

Abstract

Chow and Rincon review the energy sector of North America, which plays a critical role in the economy of the U.S., Canada, and Mexico. The American shale oil and gas revolution, which drove production to historical peaks, will have diminished but still significant impact, including globally. High energy consumption rates in the U.S. and Canada challenge reaching climate policy goals, under heightened public pressure, and the search for alternatives to fossil fuels. Mexico will be more focused on economic development and energy access. The U.S. will continue to emphasize energy innovation, driven by public investment in research and development and private capital in commercial applications.

Suggested Citation

  • Edward C. Chow & Jorge-Andres Rincon-Romero, 2022. "Energy and the Economy in North America," Springer Books, in: Manfred Hafner & Giacomo Luciani (ed.), The Palgrave Handbook of International Energy Economics, chapter 0, pages 713-729, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-86884-0_35
    DOI: 10.1007/978-3-030-86884-0_35
    as

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