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Oil and Gas - - CONTENT - BY DI­ETER HELM

An en­ergy rev­o­lu­tion is un­der way with far-reach­ing con­se­quences for na­tions, com­pa­nies, and the way we ad­dress cli­mate change. Sur­vey­ing re­cent surges in tech­no­log­i­cal in­no­va­tions, Helm’s provoca­tive new book doc­u­ments how the global move to­ward the in­ter­net-of-things will in­ex­orably re­duce the de­mand for oil, gas, and re­new­ables—and prove more ef­fec­tive than cur­rent ef­forts to avert cli­mate change.

Oil com­pa­nies and en­ergy util­i­ties must be­gin to adapt their ex­ist­ing busi­ness mod­els or face fu­ture ir­rel­e­vancy. Oil-ex­port­ing na­tions, par­tic­u­larly in the Mid­dle East, will be neg­a­tively im­pacted, whereas the United States and Euro­pean coun­tries that are in­vest­ing in new tech­nolo­gies may find them­selves lead­ers in the geopo­lit­i­cal game. Timely and con­tro­ver­sial, this book con­cludes by of­fer­ing ad­vice on what gov­ern­ments and busi­nesses can and should do now to pre­pare for a rad­i­cally dif­fer­ent en­ergy fu­ture.

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