Towards a new multilateral energy architecture? Security Policy Brief No. 39, October 2012
From climate change over peak oil to the geopolitical scramble for the Arctic, there are ample signs that a global energy crisis is unfolding. The sheer scale and urgency of this looming crisis calls for international coordination. Yet, even a cursory look at the existing international energy instit...
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| Format: | Report |
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2012
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| Online Access: | http://aei.pitt.edu/39407/ http://aei.pitt.edu/39407/1/SPB39.pdf http://www.egmontinstitute.be/papers/12/sec-gov/SPB39.pdf |
| Summary: | From climate change over peak oil to the geopolitical scramble for the Arctic, there are ample signs that a global energy crisis is unfolding. The sheer scale and urgency of this looming crisis calls for international coordination. Yet, even a cursory look at the existing international energy institutions leads to a sobering conclusion: the global energy governance architecture is weak, fragmented and incomplete. This policy brief discusses both the flaws in the multilateral energy architecture and some emerging ideas to strengthen it, such as the proposal for a Sustainable Energy Trade Agreement and the new American disclosure rules for the extractive sector. |
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