From climate change over shale gas to the race for the Arctic,
energy makes headlines in international politics almost daily.
Thijs Van de Graaf argues that energy is in dire need of global
governance. He traces the history of international energy
cooperation from the notorious 'Seven Sisters' oil-companies cartel
to the recent creation of the International Renewable Energy Agency
(IRENA). He analyses how international institutions have been
created for securing oil rents, coordinating consumer-countries'
energy security policies, promoting producer-consumer dialogue,
managing regional gas markets, and dealing with energy-related
environmental externalities. Drawing on the emerging regime
complexity literature, he constructs a novel analytical framework
to explain the fragmented architecture of global energy governance,
and studies prospects for institutional reform at the International
Energy Agency (IEA) and the G8/G20.
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