CSS Analysis no 69 and 70
Our colleagues at the Center for Security Studies have recently published two new policy briefs.
Mathew Hulbert looks at European energy policy and the interconnected goals of availability, affordability, and sustainability. He argues that Europe needs to re-level the low carbon technology playing field to properly realign global emission concerns and security of supply in the future. Also check ISN resources on European energy policy.
Roland Popp examines Western governments’ counterterrorism strategy in Yemen. He emphasizes the need to take the resolution of Yemen’s economic and social problems as a starting point. The ISN Digital Library offers further resources on Yemen.
US$147/B One Year On: Political Winners and Strategic Losers
In 2009, the oil price fell sharply after a five-year honeymoon. You’d have expected it to take a number of political casualties with it. In a new analysis by the Center for Security Studies (CSS), Matthew Hulbert explains why it’s not been the case. Looking forward, he thinks that consumers will pretty likely face another price crunch as investment lags and demand rises. But he concludes with a warning to Russia, Venezuela and co:
“Some producers will no doubt see this as a ‘strategic victory’: but unless they have learned the lessons of 2008/9 to diversify their economic bases beyond narrow resource wealth, once the next bubble bursts, they will no doubt need to batten down the political hatches once more.”
Matthew is the CSS’s energy expert; he used to work in the City of London, advising on energy markets and political risk.
The paper is available for download here.