Chart Of The Day

Nov 14 2012 @ 3:40pm

Middle_Eastern_Oil

Ryan Avent studies the latest World Energy Outlook.  Given the trends in the above chart, he wonders whether "Asia, and China in particular, might come to develop a greater interest in Middle East security than it has now." He also considers the consequences for US climate politics:

In America "energy security" has long been a stalking horse for broad questions about the sustainability of current energy practice, including concern about climate change. As the economics of American energy markets change, it seems possible that the country's attitudes about climate matters may change as well, not in a good way, and it isn't as if America's commitment to addressing global warming is particularly strong as things stand.