Burnout

Low oil prices are shaking up the global economy. Renowned energy expert Dieter Helm explains why these and especially technological changes unequivocally herald the end of the age of fossil fuels. In his provocative new book, he demonstrates that new technologies such as nanotechnology will inexorably reduce the demand for oil, gas, and coal – and do so faster and more effectively than is currently assumed in political and economic decision-making centers. Energy companies and oil-exporting countries will be the losers in these developments, while states that invest in new technologies could emerge as winners in the geopolitical game. How should governments and businesses react? Dieter Helm's advice is radical and surprising, because we are at the beginning of a new energy age.

With a foreword by Günther Oettinger.

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