The Quest Energy, Security, and the Remaking of the Modern World

by Yergin, Daniel

• ISBN13: 9781594202834
• ISBN10: 1594202834
• Format: Hardcover
• Copyright: 2011-09-20
• Publisher: Penguin Press HC, The

Summary

This long-awaited successor to Daniel Yergin's Pulitzer Prize- winning The Prizeprovides an essential, overarching narrative of global energy, the principal engine of geopolitical and economic change. Renowned energy authority Daniel Yergin continues the riveting story begun in his Pulitzer Prize winning book, The Prize, in this gripping account of the quest for the energy the world needs-and the power and riches that come with it. A master storyteller as well as one of the world's great experts, Yergin proves that energy is truly the engine of global political and economic change, as well as central to the battle over climate change. From the jammed streets of Beijing, the shores of the Caspian Sea, and the conflicts in the Mideast, to Capitol Hill and Silicon Valley, Yergin takes us inside the decisions and choices that are shaping our future. Without understanding the realities of energy examined in The Quest, we may surrender our place at the helm of history. One of our great narrative writers, Yergin tells the inside stories-of the oil market, the rise of the "petrostate", the race to control the resources of the former Soviet empire, and the massive corporate mergers that transformed the oil landscape. He shows how the drama of oil-the struggle for access to it, the battle for control, the insecurity of supply, the consequences of its use, its impact on the global economy, and the geopolitics that dominate it-will continue to shape our world. He takes on the toughest questions-will we run out of oil, and are China and the United States destined to conflict over oil? Yergin also reveals the surprising and turbulent history of nuclear, coal, electricity, and natural gas. He investigates the "rebirth of renewables"-biofuels and wind-as well as solar energy, which venture capitalists are betting will be "the next big thing" for meeting the needs of a growing world economy. He makes clear why understanding this greening landscape and its future role are crucial. Yergin further brings climate change into unique perspective by offering an original and unprecedented history of how the issue went from concerning a handful of scientists, terrified of a new Ice Age, to one of the overarching issues of our times. The Questpresents an extraordinary range of characters and a panorama of dramatic stories that illustrate the principles that will shape a robust and flexible energy security system for the decades to come. It is an extraordinary achievement from an author who is truly one of our nation's great resources.

Author Biography

Daniel Yergin is a highly respected authority on energy, international politics, and economics. Yergin is a Pulitzer Prize winner and recipient of the United States Energy Award for “lifelong achievements in energy and the promotion of international understanding.” He is both a world-recognized author and a business leader, as well as executive vice president of IHS.

Yergin received the Pulitzer Prize for his work The Prize: The Epic Quest for Oil, Money and Power, which became a number one best seller and was made into an eight-hour PBS/BBC series seen by 20 million people in the United States. The book has been translated into 17 languages and has just been released in a new updated edition.

Yergin holds a BA from Yale University and a PhD from Cambridge University, where he was a Marshall Scholar.

Table of Contents

Introduction	p. 1
Prologue	p. 9
The New World of Oil
Russia Returns	p. 21
The Caspian Derby	p. 43
Across the Caspian	p. 64
"Supermajors"	p. 83
The Petro-State	p. 106
Aggregate Disruption	p. 125
War in Iraq	p. 141
The Demand Shock	p. 159
China's Rise	p. 189
China in the Fast Lane	p. 209
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