April 20, 2007

Chinese version of energy paper available to download

You can download a Chinese version of the paper on Asian Energy Security and the Middle East by clicking on the following link: Download file.

The text below is an abstract of the paper as it will appear in the BOAO publication. We are preparing a translation of the full paper, including footnotes and references, which I will post in the coming days when it has been completed.

JR

亚洲和中东能源安全问题

作者:约翰·拉特里奇博士
美国拉特里奇资本创始人、董事长
中国科学院研究生院荣誉教授

摘 要
整个亚洲对能源强劲增长的需求,加强了对于动乱中的中东之能源供应的依赖,因此使能源安全问题变得非常紧迫。时下的政策都不太可能解决能源的安全问题。这些政策都是建立在传统的基于需求的经济模型,以及过于狭隘的“能源”概念基础之上。此论文展示了一种在自然科学中广义“能源”概念基础上的崭新构架,就是对能源和经济增长进行并行思考。它将经济行为视为现今的太阳能源和过去储备的太阳能源在以自然资源、人力资本、物质资本和技术储存形态下的一种传输现象,此种传输当受热力学定律的驱使。本文指出了关于非传统的能源安全问题解决方案,它包括:对通讯网络、信息技术和教育的投资;对农业研究的投入------以期提高农作物对于能量的摄取效率,和改进农田耕作者的生产力;以及通过法律、法规、汇率政策,为吸引全球投资者对于高新技术的投资,提供一个稳定的环境

JR/约翰

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April 19, 2007

Link to energy Article PDF File

(April 18, 2007), Some people were unable to click through to the PDF file from the email notification. Here is the complete link to the 'Asia Energy Security' PDF file. You may need to copy and paste it into your browser: http://www.rutledgeblog.com/2007-04-03%20Rutledge%20Asia%20Energy%20Security.pdf

I will be presenting this paper at the BOAO Forum in Haikou this weekend.

JR

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April 10, 2007

Asian Energy Security

I've written a piece on Asian Energy Security for the Chinese Academy of Sciences that will be published later this spring. This is the first change I've had to layout some new fundamental thinking about how to integrate thermodynamics to economics. You can see the abstract below and the full draft here: "Asian Energy Security". There is also a link to a PDF version.

JR

Abstract

Strong growth and rising energy needs are increasing Asia’s reliance on energy supplies from the troubled Middle East, making energy security an urgent issue. Existing policies, based on orthodox demand-based economics and an overly narrow concept of energy are unlikely to solve the problem. This paper presents a new framework for thinking about energy and economic growth based on the broad concept of energy used in the natural sciences. This framework views economic activity as transfers of both current solar energy and vintage solar energy, stored in the form of natural resources, human capital, physical capital, and technology, driven by the uncompromising laws of thermodynamics. It points toward unconventional solutions to the energy security problem including investing in communication networks, information technology, and education; agricultural research to increase the efficiency plant energy capture and improve the productivity of farm workers and, thereby, release manpower for the energy-efficient services sector; and legal, regulatory, and exchange rate policies to provide a stable environment to attract high tech capital from global investors.


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