CIAO

Columbia International Affairs Online

CIAO DATE: 3/5/2008

The Geopolitics of Energy: From Security to Survival

Carlos Pascual

January 2008

Brookings Institution

Abstract

Since the industrial revolution the geopolitics of energy – who supplies it, and securing reliable access to those supplies – have been a driving factor in global prosperity and security. Over the coming decades, energy politics will determine the survival of the planet.

The political nature of energy, linked to the sources of supply and demand, comes to public attention at moments of crisis, particularly when unstable oil markets drive up prices and politicians hear constituent protests. But energy politics have become yet more complex. Transport systems, particularly in the United States, have become largely reliant on oil, so disruption of oil markets can bring a great power to a standstill. Access to energy is critical to sustaining growth in China and India – not only to lift these countries out of poverty, but to keep pace with burgeoning populations. Failure to deliver on the hope of greater prosperity could unravel even authoritarian regimes, and even more so democratic ones, as populations become more educated and demanding. And it is these very factors that have turned the market power of energy suppliers into political power. Importers have come to compete for supplies, driving up prices, supplier wealth and the capacity to play roles in regional and international politics that go well beyond the GDP of countries such as Russia, Venezuela and Iran.

 

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