The Colder War. How the Global Energy Trade Slipped from America's Grasp

It is in this respect that mankind now badly needs breakthrough ideas capable of setting a basic course of action into the future in order to outline at least intermediate phases and criteria for assessing this complex process. Several years ago, Russia advanced a real plan for energy security, intended to combine the interests of producers, consumers, and transit states. Like any call for reconciliation, the plan was built on compromise, and strove to ensure transparency, stability, and predictability of national oil and gas market regulation systems. However, there are now serious obstacles on the path to realization of this plan, which unfortunately remain strong in world trade, undermining the principles of globalization. The leading nations of the world have recently begun actively implementing new energy strategies, which are primarily aimed at protecting national interests and limiting the scale of external impacts. In other words, energy protectionism and nationalism have become the main theme of many countriesБЂ™ political policy, despite declarations and professed understanding of the need to solve global energy problems together ...»