Robert W. Kolb reveals how new gas resources are transforming the global energy industry, redistributing economic and geopolitical power in stunning ways. Kolb’s The Natural Gas Revolution explains the new promise of natural gas to stimulate economies and enrich human life ― and objectively assesses the major environmental risks that accompany fracking, horizontal drilling, and today’s massive new LNG infrastructures. He places natural gas in broader context, clearly and carefully explaining what it will really mean to global economics, geopolitics, investors, the environment, and consumers. He explains the key technologies that have enabled access to huge new natural gas sources, and illuminates the remarkable implications of larger, more widely distributed, and more environmentally-friendly hydrocarbon resources. You’ll find thoughtful and objective answers to questions such as: Will natural gas permit a more orderly transition to solar and other renewables? Will “fracking” and horizontal drilling poison the aquifers cities depend on for clean drinking water? Will “fracking” increase earthquake risks? Next, Kolb explains how the natural gas revolution is roiling world energy markets, predicts their response to today’s wild price imbalances, and identifies surprising implications ― for example, a potentially faster transition to cleaner transportation. He concludes by identifying nations and regions that may achieve unexpected energy independence from current suppliers ― and even become exporters. This book will be indispensable to anyone interested in the latest developments in energy, international relations, and global business: citizens, investors, and policymakers alike.

�ber die Autorin bzw. den Autor:

Robert W. Kolb holds two Ph.D.’s from the University of North Carolina at Chapel Hill (philosophy 1974, finance 1978) and has been a finance professor at five universities. He is currently a professor of finance at Loyola University Chicago, where he also holds the Considine Chair of Applied Ethics.

Kolb's recent writings include Futures, Options, and Swaps 5e , and Understanding Futures Markets 6e, both co-authored with James A. Overdahl. Recent edited volumes are: Lessons from the Financial Crisis: Causes, Consequences, and Our Economic Future, Sovereign Debt: From Safety to Default, and Financial Contagion: The Viral Threat to the Wealth of Nations, both published by Wiley. Kolb's most recent books are The Financial Crisis of Our Time (2011) and Too Much Is Not Enough: Incentives in Executive Compensation (2012), both published by Oxford University Press and both selected for the Financial Management Association's Survey and Synthesis Series.

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