Global energy governance : a review and research agenda

Over the past few years, global energy governance (GEG) has emerged as a major new field of enquiry in international studies. Scholars engaged in this field seek to understand how the energy sector is governed at the global level, by whom and with what consequences. By focusing on governance, they broaden and enrich the geopolitical and hard-nosed security perspectives that have long been, and still are, the dominant perspectives through which energy is analysed. Though still a nascent field, the literature on GEG is thriving and continues to attract the attention of a growing number of researchers. This article reviews the GEG literature as it has developed over the past 10 years. Our aim is to highlight both the progress and limitations of the field, and to identify some opportunities for future research. The article proceeds as follows. First, it traces the origins of the GEG literature (section “Origins and roots of GEG research”). The subsequent sections deal with the two topics that have received the most attention in the GEG literature: Why does energy need global governance (section “The goals and rationale of global energy governance”)? And, who governs energy (section “Mapping the global energy architecture”)? We then address a third question that has received far less attention: How well or poor is energy governed (section “Evaluating global energy governance”)? In our conclusions (section “Conclusions and outlook”), we reflect on the current state of GEG, review recent trends and innovations, and identify some questions that warrant future consideration by scholars. This article is published as part of a thematic collection on global governance

Comparison and interactions between the long-term pursuit of energy independence and climate policies

Ensuring energy security and mitigating climate change are key energy policy priorities. The recent Intergovernmental Panel on Climate Change Working Group III report emphasized that climate policies can deliver energy security as a co-benefit, in large part through reducing energy imports. Using five state-of-the-art global energy-economy models and eight long-term scenarios, we show that although deep cuts in greenhouse gas emissions would reduce energy imports, the reverse is not true: ambitious policies constraining energy imports would have an insignificant impact on climate change. Restricting imports of all fuels would lower twenty-first-century emissions by only 2–15% against the Baseline scenario as compared with a 70% reduction in a 450 stabilization scenario. Restricting only oil imports would have virtually no impact on emissions. The modelled energy independence targets could be achieved at policy costs comparable to those of existing climate pledges but a fraction of the cost of limiting global warming to 2 ∘C