Energy in the Global Economy: History and Future

Part 1 of the project asks: What can we learn from the history of energy about how transitions from one source of energy to another have occurred? How have they transformed the economies of the world? What can history teach us about how to efficiently implement those transformations? Part 2 of the project asks: What can we think, formally and quantitatively, about the new world of the oil industry after the tight and shale gas revolution? What can we expect regarding the evolution of oil production, its price, and its volatility over the next decade?