Burn Out

£12.99

Burn Out

The Endgame for Fossil Fuels

Energy industries and utilities Climate change Fossil fuel technologies

Author: Dieter Helm

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Language: English

Published by: Yale University Press

Published on: 25th April 2017

Format: LCP-protected ePub

Size: 288 pages

ISBN: 9780300227994


Introduction

An energy revolution is under way with far-reaching consequences for nations, companies, and the way we address climate change. Low oil prices are sending shockwaves through the global economy, and longtime industry observer Dieter Helm explains how this and other shifts are the harbingers of a coming energy revolution and how the fossil fuel age will come to an end.

Technological Innovations and Impact

Surveying recent surges in technological innovations, Helm’s provocative new book documents how the global move toward the internet-of-things will inexorably reduce the demand for oil, gas, and renewables—and prove more effective than current efforts to avert climate change.

Industry and Geopolitical Changes

Oil companies and energy utilities must begin to adapt their existing business models or face future irrelevancy. Oil-exporting nations, particularly in the Middle East, will be negatively impacted, whereas the United States and European countries that are investing in new technologies may find themselves leaders in the geopolitical game.

Conclusion and Recommendations

Timely and controversial, this book concludes by offering advice on what governments and businesses can and should do now to prepare for a radically different energy future.

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