Energy Demand in New Markets: A Critical Perspective
摘要
There has been a major transformation in the global economic order with the arrival of the so-called emerging markets. Interactions in the global market have become more dynamic and complex than ever with increased major players and stakeholders. This has spawned important debates and discussions in terms of energy that drives the market economy. However, such intellectual inquiry on the global energy market is also mired in the politics of climate change. It is at this juncture that the paper argues that there is a hierarchical relationship in terms of energy production and patterns of global energy consumption. Thus, the chapter delves into the subject of energy trilemma—energy security, affordability, and sustainability. However, this also encapsulates certain trajectories and path-dependencies in the global economy with major political underpinnings. This chapter makes a critical examination of the global demand for energy in new markets from an imperialist framework.