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Global EnergyIssues, Potentials, and Policy Implications$
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Paul Ekins, Mike Bradshaw, and Jim Watson

Print publication date: 2015

Print ISBN-13: 9780198719526

Published to Oxford Scholarship Online: September 2015

DOI: 10.1093/acprof:oso/9780198719526.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 23 November 2020

Deepening globalization

Deepening globalization

economies, trade, and energy systems

Chapter:
(p.52) 3 Deepening globalization
Source:
Global Energy
Author(s):

Gavin Bridge

Michael Bradshaw

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198719526.003.0004

This chapter considers the relationship between energy systems and the spatial integration of economies through trade and investment. It examines the ways in which the current energy system—based on fossil fuels—and the globalization of trade and investment are closely intertwined. The chapter considers the role of energy systems as a driver of globalization. It then focuses on the liberalization of energy trade and investment and the increasing spatial integration of energy markets. The final section of the chapter examines the implications of the low-carbon economy for a further deepening of globalization.

Keywords:   energy systems, fossil fuels, international trade, investment, globalization, spatial integration, low-carbon economy

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