Energy independence – what then? (part Three: Thebroad goal of North American energy independence)
Energy independence – what then? (part Three: Thebroad goal of North American energy independence) / Joel Darmstadter and Roger Sedjo, CommonResources, RFF, 6/12/2012
In its recently-issued World Energy Outlook, the International Energy Agency (IEA) underscored the likelihood and significance of North America becoming “a net oil exporter around 2030.” Here, we ponder why a North American perspective on energy, and especially the prospect of self-sufficiency in oil, is meaningful. After all, when it comes to production and trade in, say, grains or wood products, we do not hesitate to separately analyze trends for the US and Canada rather than emphasizing their aggregate impact…
This post is the third in a four-part series on energy independence and its significance (or insignificance) See the first post here and the second here. – ed.