Following the dispute over the seizure of a Chinese trawler and its crew by Japan in the disputed waters in the East China Sea believed to be rich in oil and gas resources, Beijing has been flexing its muscles against Tokyo in another area. However, this one may have far deeper consequences not only for Japan but for the rest of the world.
The latest addition to the Chinese ‘enigma’ is its oil potential. There have been various accounts, of late, in influential journals and important documents attempting to unravel the mystery surrounding Chinese oil. As it happens, most of them have helped only to further deepen it.
Development prospects and economic growth in Pakistan, like in most other countries, will hinge on securing sustainable energy supplies. The Pakistan government has developed a strategy to enhance its energy production by 2030. This article explores the problems faced by the Pakistan government in optimising its use of indigenous energy resources and the implications that future plans to strengthen its energy security may have for its domestic and foreign policy.
India has embarked on a policy to balance its need for accessing strategic energy resources from the African continent with Africa's aspirations for greater skills and sustainable development. Sudan has turned out to be the gateway for India's energy quest in Africa. India's age-old ties with Sudan have been crucial in accessing oil from the country. New Delhi's close relations helped to assuage the initial hiccups; however conflict between the Sudanese government and that of Southern Sudan have created some problems.
The energy sector since the mid-2000s has acquired top priority in Russian state affairs, but since late 2008 it has also become the epicentre of the economic disaster that still continues to affect Russia. President Medvedev has effectively discarded the notion of Russia as an 'energy super-power' and is now focusing on 'modernisation' for Russia's development. But coherence of this course is problematic because the bulk of new investments must go into the energy sector in order to sustain the high revenues.
Following the recent economic crisis, concerns over the revival of trade protectionism have surfaced, with some countries imposing or threatening to impose highly trade-distorting legislation to help their domestic industries compete in world markets, raising the spectre of a potential trade war. This paper looks at the attempts by some of the developed countries to introduce trade measures using the issue of climate change as a Trojan horse, to ensure that they do not lose out to the emerging economies.
With the first commitment period of the Kyoto Protocol expiring in 2012, time seems to be running out for a new successor agreement. The Protocol remains the most comprehensive attempt to negotiate binding limits on anthropogenic greenhouse gas (GHG) emissions. The long-term challenge, defined by the United Nations Framework Convention on Climate Change (UNFCCC), is to stabilise GHG concentration in the atmosphere at levels that would prevent interference with the climate system. There are, however, economic and social realities that drive anthropogenic GHG emissions.
Most of the countries in West Asia have expressed an interest in developing nuclear energy. For them their growing demand of electricity owing to the increasing population, growing industries, their eternal reliance on the desalinated water and environmental protection are the major drivers of their decision to produce nuclear energy. Importantly, they would like to use nuclear energy for domestic consumption and supply oil and gas to earn more revenues.
The article analyses international politics surrounding the Iranian nuclear crisis, and its implications for stakeholders such as the United States and its western allies as well as for emerging market countries including India, China, and Turkey which are especially interested in Iran's energy resources. Given the existence of multiplicity of interests of these countries, often conflicting, the article analyses three possible scenarios of how the Iranian nuclear crisis is likely to be addressed.
Energy ties between India and Australia are centuries old and can be traced back to the days of East India Company of the British–Indian era. From the first commercial export in the form of a shipment of coal to India from Australia in 1797, energy cooperation has come a long way. For instance, apart from making unswerving attempts to get Australian yellowcake, attempts have been made by India to ensure greater supply of coal and natural gas.