Presentation on theme: "Chapter 12 The Economic- Geography of Energy Introduction Energy in the International Arena: Trade and Geopolitics The National Arena: Location and Spatial."— Presentation transcript:
Chapter 12 The Economic- Geography of Energy Introduction Energy in the International Arena: Trade and Geopolitics The National Arena: Location and Spatial Distribution Summary
Key Themes Location and spatial distribution: type of energy, location of supply and demand Spatial allocation and movement: methods of energy transfer & networks Futurism: what will be energy resources in the future, and the Malthusian Dragon: how will we adapt to depletion of nonrenewable energy resources?
Energy in the International Arena: Trade and Geopolitics The key role of energy in economic development Multiple sources, with varying geographies of production PETROLEUM: Highly uneven geographic distribution of resources AND a strong correlation between consumption and level of economic development Growth of global alliances in sectors with uneven development and strong levels of trade: OPEC
Projected U.S. Energy Consumption Totally Unpredictable
Malthusian Dragons? Can these extrapolations continue? The finite supply of petroleum, natural gas, and even coal Shell’s recent revelations of exaggerated reserves The hydrogen potential: who would supply? Existing petro-dominant energy companies? New players The shifting interest in R&D in alternative energy sources with changing geopolitics Can R&D save us again? What do you think?
Upshot For most industries, energy costs are a small proportion of production costs But, they are critical, and intimately related to transportation costs, that do have a significant influence on the global distribution of production The geography of global economic activity is clearly influenced by energy supplies, costs, technologies, and trading systems