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A detailed account of the activities of BP, 1950-75.
The petroleum industry is unique: it is an industry without which modern civilization would collapse. Despite the advances in alternative energy, petroleum’s role is still central. Petroleum still drives economics, geopolitics, and sometimes war. The history of petroleum is, to some measure, the history of the modern world. This book represents a concise but complete one-volume reference on the history of the petroleum industry from pre-modern times to the present day, covering all aspects of business, technology, and geopolitics. The book also presents an analysis of the future of petroleum, and a highly useful set of statistical graphs. Anyone interested in the history, status, and outlook for petroleum will find this book a uniquely valuable first place to look. This new second edition incorporates all the revolutionary changes in the petroleum landscape since the first edition was published, including the boom in extraction of oil and gas from shale formations using techniques such as fracking and horizontal drilling. This second edition of Historical Dictionary of the Petroleum Industry contains a chronology, an introduction, appendixes, and an extensive bibliography. The dictionary section has over 500 cross-referenced entries on companies, people, events, technologies, countries, provinces, cities, and regions related to the history of the world’s petroleum industry. This book is an excellent resource for students, researchers, and anyone wanting to know more about the petroleum industry.
The so-called energy crisis that burst upon the world in 1973 was not easily understood by many people. It was neither 'the beginning of the end' nor the first encounter by modern man with the natural result of his prodigality. These papers, collected in two volumes, from energy economists in the United States, Canada, and Britain all indicate that the 'crisis' was and is a short-run problem caused by government action or inaction. The problem may be complex, but it was mishandled, particularly by the United States, in terms of government policy. The rise in the price of, and the embargo on, oil came into being because of a successful producers' cartel outside North America; oil buyers -- nations and companies -- did not respond in kind but scurried around the world in separate planes in order to ensure supplies for themselves at any price. That price became many times the cost-of-production price, despite the fact that cool analysis reveals an increase in both production and reserves in most areas of the world. The shortage of refined oil products for consumers are attributable partly to the embargo, but also to a shortage of refineries and bottlenecks in transportation -- some of which have been induced by government uncertainties over recent years. Proper government policies are now required. The thirty-six papers in the two books treat a multitude of topics related to the question of energy as seen from the stance of the economist. All sources of energy are considered, as are the markets in major areas of the world; past policies are analysed, and future policies recommended.It is hoped that the volumes, giving the background to the energy problems of the immediate future and a menu of prescriptions for their solution, will interest businessmen, market analysts, and policy-makers as well as economists, teaching or learning, in many parts of the world.
This open access book presents detailed pathways to achieve 100% renewable energy by 2050, globally and across ten geographical regions. Based on state-of-the-art scenario modelling, it provides the vital missing link between renewable energy targets and the measures needed to achieve them. Bringing together the latest research in climate science, renewable energy technology, employment and resource impacts, the book breaks new ground by covering all the elements essential to achieving the ambitious climate mitigation targets set out in the Paris Climate Agreement. For example, sectoral implementation pathways, with special emphasis on differences between developed and developing countries and regional conditions, provide tools to implement the scenarios globally and domestically. Non-energy greenhouse gas mitigation scenarios define a sustainable pathway for land-use change and the agricultural sector. Furthermore, results of the impact of the scenarios on employment and mineral and resource requirements provide vital insight on economic and resource management implications. The book clearly demonstrates that the goals of the Paris Agreement are achievable and feasible with current technology and are beneficial in economic and employment terms. It is essential reading for anyone with responsibility for implementing renewable energy or climate targets internationally or domestically, including climate policy negotiators, policy-makers at all levels of government, businesses with renewable energy commitments, researchers and the renewable energy industry. Part 2 of this title can be found at this Link: https://link.springer.com/book/10.1007/978-3-030-99177-7