Russia's military intervention in Middle East conflicts gives Moscow an additional optionality beyond the destruction of infrastructure.
"Russia doesn't have literally to take over the Persian Gulf by force. All it needs
to do is credibly intimidate the Gulf Arab states that it can impose negative
costs on them ... The escalating war in Syria and Yemen could
potentially achieve this goal, were it to drain economic resources and internal
support for existing Gulf Arab regimes to the point where these governments
are forced to capitulate to Moscow's authority."
Regional Turmoil and Realignment: Middle East Conflicts and the New Geopolitics of Oil
Last year California became the first state to source 5% of its annual electric generation from utility-scale solar plants.
"Other states are following suit. Analysts have consistently underestimated the pace of expansion, and solar is likely to gain even stronger momentum ... The solar industry is facing turbulent waters, including an uphill political battle -- from entrenched power utilities -- to establish fair metering for residential consumers. Still, these problems aren't proving insurmountable."
Why the World's Appetite for Oil Will Peak Soon
"Conventional wisdom about steadily rising demand is wrong ...The world's economy is experiencing transform- ational changes that will dramatically alter patterns of energy use over the next 20 years. Exponential gains in industrial productivity, software-assisted logistics, urbanization, political turmoil in key regions of the developing world, and large bets on renewable energy are among the factors combining to slow the previous breakneck growth for oil." "
U.S. House of Representatives Testimony
How the Changing Dynamics of World
Markets Impact our Economy and Energy Security
"While it is true that rising U.S. oil production was what put OPEC under pressure in the first place, the decision by key member states such as Saudi Arabia, Kuwait, the United Arab Emirates and Qatar, to allow oil markets to remain oversupplied is driven mainly by broader geopolitical concerns which coincide with the United States."
"I don't have to come up with a technology that provides this great amount of energy that replaces an oil field in Saudi Arabia. I just have to come down to something on a small scale, and then I need people to think about their energy use as a solution on a small scale. I really think that's going to be the key".
TEDx Energy Policy • January 5, 2015