Transatlantic Cooperation for Sustainable Energy Security

March 25, 2009 | 00:00

Transatlantic Cooperation for Sustainable Energy Security

According to these two authors we are in a decisive interval for the institutions of the Euro-Atlantic community. Traditional concerns — security, economic, political, and societal — have become increasingly bundled into circumstances that cannot be addressed by any nation alone, however powerful, or any single institution, however influential. Under such circumstances, capabilities, too, need to be bundled for use through a comprehensive approach that combines hard and soft power into smart power, as well as the states and institutions that can best provide or even share them. Americans and Europeans must work together to develop these comprehensive approaches to today's challenges, and thus ensure that tomorrow's solutions are effective for them and the rest of the world.

This project examines five broad issues that represent serious challenges for the states of the Euro-Atlantic community but lend themselves especially well to ever-closer relations, consultation, and cooperation between the European Union and the United States. The present report addresses the risks of energy scarcity and strategies for sustainable energy security. Specifically, it reviews the key characteristics of energy markets, recent European and U.S. policy developments, and transatlantic actions to achieve energy security.

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