Global energy and climate governance 2104-GPIR-D4GECG
The aim of the course is to present students the importance of the energy sector for the state power and the well-being of its citizens. Students understand the relationship between energy and climate policy. They understand the evolution of the importance of the energy sector for the power of a state in international context. Students know the structure of this market and understand its consequences for particular groups of countries.
Students have knowledge about the energy and climate policy of great powers, exporters of energy resources and importers of energy resources. They know how these countries influence the energy market.
Students understand the management structure of the modern energy market. Students know the most important terms in the field of energy and climate studies. Students understand the political, economic and environmental dimensions of energy policy
1. Energy in theories of international relations
2. The role of the energy sector in international relations - part 1 (1901-1973), the first oil regime
3. The role of the energy sector in international relations - part 2 (1973-1986), the second oil regime
4. The role of the energy sector in international relations - part 3 (1986-2019), the modern oil regime
5. The oil curse
6. Global gas market
7. Global energy market management and climate policy
8. Energy security in the Indo-Pacific region
9. Energy and Climate Policy (case study 1) Mexico
10. Energy and Climate Policy (case study 2) South Korea
11. Energy and Climate Policy (case study 3) Germany
12. Energy and Climate Policy (case study 4) France
13. Energy and Climate Policy (case study 5) Brazil
14. Energy and Climate Policy (case study 6) Australia
15. Energy and Climate Policy (case study 7) South Africa
Prerequisites (description)
Course coordinators
Learning outcomes
The student understands:
• the importance of the energy sector for the international system
• economic consequences of the production of energy resources
• links between energy and climate policy
• how the energy sector and climate issues are managed
• The role of IOCs and NOCs
The student can:
• identify the characteristics of the energy policies of individual countries
• the impact of climate policy on the development of the energy industry
The student may:
• promote knowledge on international relations
• identify ethical dilemmas in international economic relations
S3_W02, S3_W03, S3_W04, S3_W06, S3_W07, S3_U01, S3_U02, S3_U03, S3U04, S3_U05, S3_K03, S3_K04
Assessment criteria
test
Bibliography
On-line:
• Amuzegar Jahangir, „Oil Wealth: A Very Mixed Blessing”, Foreign Affairs, 1982, 60(4), 814–35.
• Colgan, J. D. (2014). The Emperor Has No Clothes: The Limits of OPEC in the Global Oil Market. International Organization, 68(3), 599-632.
• Cordesman Anthony H., The Myth and Reality of Energy Independence, 2.1.2013, CSIS, http://csis.org/files/publication/130103_us_energy_independence_report.pdf
• Davis Jeffrey, Ossowski Rolando, Daniel James, Barnett Steven, Stabilization and Savings Funds for Nonrenewable Resources. Experience and Fiscal Policy Implications, 13.4.2001, IMF Occasional Paper 205, http://www.imf.org/external/pubs/nft/op/205/
• Delacroix Jacques, „The Distributive State in the World System”, Studies in Comparative International Development, 1980, 15(3), 3–20.
• Fattouh Bassam, OPEC Pricing Power. The Need for a New Perspective, Oxford Institute for Energy Studies, WPM 31, 2007.
• Fattouh Bassam, Oil Market Dynamics Through the Lens of the 2002-2009 Price Cycle, Oxford Institute for Energy Studies, WPM 39, 2010.
• Fattouh Bassam, An Anatomy of the Crude Oil Pricing System, Oxford Institute for Energy Studies, WPM 40, 2011.
• Fattouh Bassam, Kilian Lutz, Mahadeva Lavan, The Role of Speculation in Oil Markets: What Have We Learned So Far?, www.personal.umich.edu/˜lkilian/milan030612.pdf, 2012
• Fattouh Bassam, Mahadeva Lavan, OPEC: what Difference has it Made?, Oxford Institute for Energy Studies,MEP-3, 2013.
• Florini, A., & Sovacool, B.K. (2009). Who governs energy? The challenges facing global energy governance. Energy Policy, 37 (12), 5239-5248.
• Frank Lawrence P., „The First Oil Regime”, World Politics, 1985, 37(4), 586–98.
• Frisch Morten, Current European Gas Pricing Problems: Solutions Based on Price Review and Price Re-Open Provisions, International Energy Law and Policy Research Paper Series Working Research Paper Series, 2010, no. 3.
• Hamilton James D., Historical Oil Shocks, NBER Working Paper 16790, Cambridge 2011.
• Kilian Lutz, Murphy Dan, The Role of Inventories and Speculative Trading in the Global Market for Crude Oil, 2010, www.gwu.edu/Aforcpgm/km031610.pdf
• Lesage, D., Van de Graaf, T., & Westphal K., (2010). Global Energy Governance in a Multipolar World. Abingdon: Ashgate.
• McPerson Charles, National Oil Companies. Evolution, Issues, Outlook, World Bank 2003, http://sitesources.worldbank.org/INTOGMC/Re372sources/NOCPaperMCPherson.pdf
• Myers Jaffe Amy, Soligo Ronald, The International Oil Companies, 2007, http://www.bakerinstitute.org/publications/NOC_IOCs_Jaffe-Soligo.pdf
• Maugeri Leonardo, Oil: The Next Revolution. The Unprecedented Upsurge of Oil Production Capacity and What It Means for the World, http://belfercenter.ksg.harvard.edu/files/Oil-%20The%20Next%20Revolution.pdf.
• Melling Anthony J., Natural Gas Pricing and its Future. Europe as the Battleground, Carnegie Endowment, Washington, D.C. 2010.
• Sachs Jeffrey D., Warner Andrew M., Natural Resource Abundance and Economic Growth, NBER Working Paper no. 5398, Cambridge, MA 1995.
• Segal Paul, Why Do Oil Price Shocks No Longer Shock?, Oxford Institute for Energy Studies, WPM 35, 2007.
• Segal Paul, How to Spend It: Resource Wealth and the Distribution of Resource Rents, Oxford Institute for Energy Studies, SP 25, 2012.
• Sovacool, B. K. & Florini A. (2012). Examining the complications of global energy governance. Journal of Energy & Natural Resources Law, 30(3), 235–263.
• Stern Jonathan, Is There Rationale for the Continuing Link to Oil Product Prices in Continental European Long Term Gas Contracts?, Oxford Institute for Energy Studies, NG 19, 2007.
• Stern Jonathan, Continental European Long-Term Gas Contracts: is a Transition Away From Oil Product-linked Pricing Inevitable and Imminent? Oxford Institute for Energy Studies, NG 34, 2009.
• Vivoda Vlado, Resource Nationalism, Bargaining and International Oil Companies: Challenges and Change in the New Millennium, Adelaide 2009, http://aie.org.au/Content/NavigationMenu/OilGasSIG/InterestingUsefulArticles/ISA09_Vivoda.pdf
• Wilson, J. D. (2015). Multilateral Organisations and the Limits to International Energy Cooperation. New Political Economy, 20(1), 85-106.
Books:
• Daniel Yergin, The Prize: The Epic Quest for Oil, Money & Power, Simon & Schuster 1990.
• Van de Graaf, T., Sovacool, B.K., Ghosh, A., Kern, F., Klare, M.T. (Eds.) , The Palgrave Handbook of the International Political Economy of Energy, Palgrave 2016.
• Benjamin K. Sovacool (ed.), The Routledge Handbook of Energy Security, Routledge 2011.
• Goldthau, Andreas (ed.), The handbook of global energy policy, Wiley-Blackwell, 2013.
Additional information
Additional information (registration calendar, class conductors, localization and schedules of classes), might be available in the USOSweb system: