Burn Out: The Endgame for Fossil Fuels (Hardcover)

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Description


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. 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.

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. 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.

About the Author


Dieter Helm is fellow in economics, New College, and professor of energy policy and professorial research fellow, Smith School of Enterprise and the Environment, University of Oxford. He lives in Oxfordshire, UK.
Product Details
ISBN: 9780300225624
ISBN-10: 0300225628
Publisher: Yale University Press
Publication Date: April 25th, 2017
Pages: 304
Language: English

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