02 April 2008

GPPi publishes article on Global Energy Governance

GPPi Fellow Andreas Goldthau and GPPi Associate Director Jan Martin Witte published an article entitled “Global Energy Governance: New Trends, New Actors, New Rules.” The article appears in the April 2008 edition of Internationale Politik.

The piece presents a new framework for thinking about energy security in the 21st century. Starting from the assumption that fossil fuels will remain firmly at the front and center of global energy supply for the next decades to come, the piece argues that a number of macro-trends such as the rise of new consumers in China, the increasing significance of state players in oil and gas markets, and the debate on climate protection and resource governance increasingly challenge an established set of “rules of the game,” traditionally governing global energy relations. The institutions that presently structure trade, investment, financing and hedging of international oil and gas were created at the end of the Second World War and may no longer be suited to adapt to new trends. Goldthau and Witte argue that the adaptation of that system of global energy governance is a key challenge for policymakers in the years to come. They point to a number of concrete policy arenas in which action is required, namely in supply shock management and in incorporating renewables into the existing framework of trade agreements.

To read the article (in German), please click here.

For further questions, please contact Andreas Goldthau or Jan Martin Witte.

Back to: News Archive