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Will an energy revolution bring the end of US hegemony? | Helen Thompson 

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“In the long history, disorder is more the norm than order.”
However, the conjunction of an energy revolution and energy crisis is 'unprecedented', and may bring about the emergence of a new global hegemony, says Helen Thompson, author of Disorder: Hard times in the 21st Century.
The 21st century has brought a powerful tide of geopolitical, economic, and democratic shocks. Their fallout has led central banks to create over $25 trillion of new money, brought about a new age of geopolitical competition, destabilised the Middle East, ruptured the European Union, and exposed old political fault lines in the United States.
Disorder: Hard Times in the 21st Century is a long history of this present political moment. It recounts three histories - one about geopolitics, one about the world economy, and one about western democracies - and explains how in the years of political disorder prior to the pandemic the disruption in each became one big story. It shows how much of this turbulence originated in problems generated by fossil-fuel energies, and it explains why as the green transition takes place the long-standing predicaments energy invariably shapes will remain in place.
www.amazon.co.uk/Disorder-Har...
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11 окт 2022

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Комментарии : 50   
@sabarnash_08
@sabarnash_08 Год назад
No. Because U.S has their own oil production and refinary. The reason why U.S doesn't want Saudi to cut oil production because the U.S don't want ordinary people to suffer from higher community including gas. Saudi should think of that. It's the ordinary people will suffer.
@nycatlady2314
@nycatlady2314 Год назад
You think Saudi’s care about people suffering? Prince bonesaw doesn’t care about anything but his own power and wealth.
@jmpattillo
@jmpattillo Год назад
We also don’t want a hostile cartel to be able to manipulate our elections.
@sh856531
@sh856531 Год назад
If the Saudis cared what ordinary people thought, they'd hold an election
@jeffreyharris3440
@jeffreyharris3440 Год назад
@@syedhaider2084 No. For Europe probably, but not for the US. The latest energy bill passed by the US Congress allows the President to shut off US oil exports with just a signature. So oil prices in the US will remain pretty stable. European oil prices, since they really don't have domestic oil production except for the North Sea (UK/Norway) will probably get very expensive. Since the US President (Biden is a populist) can keep oil prices artificially low by decoupling the US from world energy market, oil prices in US/Canada will stay relatively low.
@jeffreyharris3440
@jeffreyharris3440 Год назад
@@syedhaider2084 We're talking about two different time periods. Short term and long term. Short term, it is probably unlikely that oil prices will spike, because the US President is a left leaning populist, and already has the authority to cut crude oil exports with a pen. The US is a net energy exporter - it exports light, sweet crude. Our refineries are set up for heavy, sour oil, like what comes from Canada or Venezuela. By decoupling the US/Canada energy market from the world's price swings, and switching the refineries to light, sweet oil then the US oil producers will make bank. Long term, the prospects are far more murky, as the metals required for renewables are difficult to source, at the moment. I do think that it will be harder to ramp up than what the author was implying. (I'm not a mining expert, so take what I say with a grain of salt. This was a bit of a click bait title for the video because the US doesn't rely on energy exporting for its revenue. We have a bunch of other things going on. If we can supply ourselves for a reasonable price, then that's great. If we can sell some refined petroleum products on the world market then that is a bonus. But net crude oil exports makes up a recent tiny, tiny, tiny percentage of our economy. We're not like russia, Venezuela or Saudi Arabia where oil exports make up a huge percentage of their economy. So-called "rare earth" mining and processing is apparently starting to ramp up in the US. I suspect (and I'm just a random guy on the internet) that the oil/gas people will start switching over to another field. Oil and gas is cyclical, so it wouldn't be unheard of.
@jeffreyharris3440
@jeffreyharris3440 Год назад
I think the author is underestimating the difficulty in sourcing metals for renewable energy and batteries.
@michaeltichonuk2176
@michaeltichonuk2176 Год назад
If your not going to have CC or sub titles turn up your modulation. All I heard was two people whisper in a room. This isn't the first time this has occurred with these two people...
@bbbdco
@bbbdco Год назад
You have to turn on CC And subtitles yourself. Click the button at the upper right hand of the screen. I had no problems with subtitles.
@michaeltichonuk2176
@michaeltichonuk2176 Год назад
@@bbbdco yeah, I know. Often after a period of time they will function. I just caught broadcast too soon. Then I forget to check back and interview gets lost...thanks though..
@DecMurphy
@DecMurphy Год назад
My right ear enjoyed this
@thesuncollective1475
@thesuncollective1475 Год назад
Wow, incredibly insightful and telling. (Maybe display her book on the table?)
@martinoamello3017
@martinoamello3017 Год назад
A bit understated was when oil started to be pumped out of the ground en masse along with piping gas around to cities and eventually rural areas. That alone was a HUGE revolution compared with heating homes and businesses with coal that for many, many years was dug up out of the ground by dirt poor mine workers. Their lives didn't even radically change till the advent of huge, earth moving equipment and oil fueled rail lines. Fast forward a few decades and now we're just now beginning to attempt to move on from fossil fuels. Remember, most homes and electricity was still coal fired up until the 60s and 70s in most places. It took decades to move on to natural gas. Anyone who thinks the "green revolution" will be the global standard anytime soon is simply living in a fantasy world. Only the very rich will benefit initially and it'll take decades and decades to trickle down to us mere mortals in any significant way.
@tbyte007
@tbyte007 Год назад
The left audio channel is missing ?
@julianshepherd2038
@julianshepherd2038 Год назад
Hegemony. Useful word.
@marcussellers5860
@marcussellers5860 Год назад
Nothing like a sallow analysis of history! Great job, Times radio!
@Charlie-UK
@Charlie-UK 6 месяцев назад
A Sober & rational analysis of the coming Energy crunch & subsequent disorder. Brexit and boosterism didn't get us very far did it. Nothing like a cold, hard dose of reality, to blow away those Separatist fantasies...
@janmalaszek1459
@janmalaszek1459 Год назад
So a SMALL group of people decided the outcome of the 2019 general election?
@doughooper9918
@doughooper9918 Год назад
Ever since citizens united the rich now controlled both parties in the United States so the outcome of the election is insignificant.
@Muzakman37
@Muzakman37 Год назад
Labour base voters generally vote Labour, Tory base voters generally vote Tory, LibDem voters more often than not generally vote LibDem. Those numbers don't really shift very much in *any* election, when a relatively sizeable but not especially big minority of Labour voters shift Tory, as they did in 2019, or when a relatively small number of Tories voted Labour in 1997, seismic changes happen in elections. Elections are usually decided by about 5% (at most 10%) of the electorate, that's usually it.
@Bobbakkb
@Bobbakkb Год назад
Denial is the first reaction. It's okay. Energy is just one part of it.
@mikelyras9034
@mikelyras9034 Год назад
Well, even if the thoughts put on the table by the writer of the book are right or wrong, I have to admit that it is never a bad thing to listen to a person that seems to have an excess of knowledge on pressing matters. This same point also goes for the always exciting process of reading other people's opinions in the comment section. For me, it is not whether she is right or wrong but rather hearing a new perspective.
@doughooper9918
@doughooper9918 Год назад
No because the American economy can be very flexible. Once the tide turns away from fossil fuels the US economy will adapt very quickly.
@evolvedape3341
@evolvedape3341 Год назад
Our Lord and Savior, blessings be upon him, Ronald Reagan.
@GG-sr5ty
@GG-sr5ty Год назад
definitely a democratic excess. brexit vote should have never happened. UK need to rejoin. it will still get worst for UK and European union then it will get stable at the lower point while other countries in the world would have made noticeable gains
@cobbler40
@cobbler40 Год назад
Going back in time is what the ring wing do !
@lairddougal3833
@lairddougal3833 Год назад
Nope. The Republicans might, but not an energy revolution. Better to ask what the implications for Saudi power in the ME.
@sailor67duilio27
@sailor67duilio27 Год назад
back to the future 1973
@lestermarshall6501
@lestermarshall6501 Год назад
I think geothermal will be the major replacement for fossil fuels. Every country in the world has access to it and it works 24/7 365 rain or shine, day and night.
@put4558350
@put4558350 Год назад
geothermal is most expensive (If plan is to make electricity) . but good for used in hose. if plan is to have small number of power plants that work in the night. There is options. - CSP (store enagy as heat in cheaper molten salt) - Nuclear power plants Sola cell is cheap for work place. and work in day time without big - expensive battery.
@Anton-ji4td
@Anton-ji4td Год назад
Well she is a bundle of laughs.
@salvyv
@salvyv Год назад
Perhaps if you are after light entertainment you are watching the wrong content?
@Muzakman37
@Muzakman37 Год назад
She's a Cambridge professor, intellectuals aren't generally known for being wisecracks. She's also one the best speakers on this topic you're gonna hear, when you're done here, pop up a video of Peter Kay.
@MercilessGuitar151
@MercilessGuitar151 Год назад
There is not going to any big energy revolution any time soon. While this "might" be worse than the energy crisis in the 70s, it is not in the US. Our unemoyment is lower, inflation is not as high. Gas prices have gone up, but there is not a situation where gas stations have no gas and the massive lines at the stations that do have, like in the 70s. Thisdituation will pass in time. I'm hearing more about utopian dreams than actual reality.
@mikefallwell1301
@mikefallwell1301 Год назад
When people really start to hurt they will turn to nuclear energy which is the cheapest and cleanest current form. Molten salt reactors have the potential to be many times cheaper and smaller than current systems.
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