Global Energy Governance

<DIV>A Brookings Institution Press and Global Public Policy Institute publication<BR /><BR />The global market for oil and gas resources is rapidly changing. Three major trends—the rise of new consumers the increasing influence of state players and concerns about climate change—are combining to challenge existing regulatory structures many of which have been in place for a half-century. <I>Global Energy Governance</I> analyzes the energy market from an institutionalist perspective and offers practical policy recommendations to deal with these new challenges.<BR /><BR />Much of the existing discourse on energy governance deals with hard security issues but neglects the challenges to global governance. <I>Global Energy Governance</I> fills this gap with perspectives on how regulatory institutions can ensure reliable sources of energy evaluate financial risk and provide emergency response mechanisms to deal with interruptions in supply.<BR /><BR />The authors bring together decisionmakers from industry government and civil society in order to address two central questions:<BR /><BR />•What are the current practices of existing institutions governing global oil and gas on financial markets?<BR /><BR />•How do these institutions need to adapt in order to meet the challenges of the twenty-first century?<BR /><BR />The resulting governance-oriented analysis of the three interlocking trends also provides the basis for policy recommendations to improve global regulation.<BR /><BR />Contributors include Thorsten Benner Global Public Policy Institute Berlin; William Blyth Chatham House Royal Institute for International Affairs London; Albert Bressand School of International and Public Affairs Columbia University; Dick de Jong Clingendael International Energy Programme; Ralf Dickel Energy Charter Secretariat; Andreas Goldthau Central European University Budapest and Global Public Policy Institute Berlin; Enno Harks Global Public Policy Institute Berlin; Wade Hoxtell Global Public Policy Institute Berlin; Hillard Huntington Energy Modeling Forum Stanford University; Christine Jojarth Center on Democracy Development and the Rule of Law Stanford University; Frederic Kalinke Department of Politics and International Relations Oxford University; Wilfrid L. Kohl School of Advanced International Studies Johns Hopkins University; Jamie Manzer Global Public Policy Institute Berlin; Amy Myers Jaffe James A. Baker Institute for Public Policy Rice University; Yulia Selivanova Energy Charter Secretariat; Tom Smeenk Clingendael International Energy Programme; Ricardo Soares de Oliveira Department of Politics and International Relations Oxford University; Ronald Soligo Rice University; Joseph A. Stanislaw Deloitte LLP and The JAStanislaw Group LLC; Coby van der Linde Clingendael International Energy Programme; Jan Martin Witte Global Public Policy Institute Berlin; Simonetta Zarrilli Division on International Trade and Commodities United Nations Conference on Trade and Development.</DIV>