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Record W1458458424

The Shale Revolution: Its Impact and Implications for India

2014· article· en· W1458458424 on OpenAlexaboutno aff
Abdul Nafey

Bibliographic record

VenueINDIAN FOREIGN AFFAIRS JOURNAL · 2014
Typearticle
Languageen
FieldEnergy
TopicGlobal Energy Security and Policy
Canadian institutionsnot available
Fundersnot available
KeywordsPoliticsOil shaleIndustrial RevolutionPolitical sciencePolitical economyEconomySociologyEconomicsLawEngineering
DOInot available

Abstract

fetched live from OpenAlex

Production of shale oil and gas had begun in North America around 2007; however, its full impact began to be felt only around 2011. Its advent has been likened to that of the sighting of a 'Black Swan', an event that is rare, unusual and unexpected, and which is transformational of the ways in which the world lives and believes.1 Understandably, therefore, it has come to be described as a 'revolution'.2 Nearly every one concurs that the shale revolution is to here stay. This essay examines two major issues associated with the shale revolution which bear scholarly significance:(i) its meaning in terms of global energy security, and the structural change that this revolution is bringing about in the global balance of power, the prospects of economic development, and climate change negotiations; and(ii) its impact and implications for India's energy security, besides whatever else it may hold in terms of geo-political and economic opportunities.One Hundred Years of GasThere is no gainsaying that shale oil and gas is transforming North America in some very meaningful ways. Its full impact, which would only be understood in hindsight, will be known only around 2030. However, scores of influential geo-political and economic analyses are pointing out the way shale revolution is beginning to rebalance the global political order in favour of the USA. A caveat needs to be added here: the shale revolution of USA cannot be replicated elsewhere for technological and organisational reasons, except in the case of Canada. In other words, other countries may have shale resources, but they will not be able to follow the US lead without its technological and organisational assistance.3The shale revolution has also gravely dented the 'declinist' thesis regarding the USA. 'The Age of Gas could make the United States the world's leading geopolitical power into the new century'.4 In his State of the Union Address 2012, President Barrack Obama promised the 'supply of natural gas that can last America nearly 100 years'; two years later, delivering the 5th Union Address, he reminded that the 'energy strategy I announced a few years ago is working, and today, America is closer to energy independence than we have been in decades'. 'The shadow of the crisis has passed', as America has risen from recession for reasons, among others, 'a booming energy production'. At his sixth address, Obama declared that the USA has 'grown more self reliant on its own energy reserves'.5There might be some exaggeration in all this; but the shale revolution is not a 'hoax'; and neither, a 'Ponzi scheme disguised as an energy revolution'.6 Of course, projections and forecasts differ widely, and making policy recommendations remains somewhat hazardous. The shale revolution still being in its initial stage, 'its policy implications are poorly understood and the future trajectories of that production growth are highly uncertain.'7 With all scepticism taken into account, the shale revolution is here to stay well into the 2030s and, as production rises, its impact on global and regional supply and prices are being felt strongly.The shift is paradigmatic: the arrival of non-conventional hydrocarbons is changing the assumptions upon which states and markets have worked their energy relations for the past half a century.8 Two assumptions have shaped national energy security policies since the 1970s:(i) oil is a key strategic resource, and guaranteed access to it at affordable prices needs to be ensured; and(ii) that the energy apocalypse is not far away. The final count-down in depletion and exhaustion of oil has begun. In the not-so-distant future, more oil might be available in the global market but at an unaffordable price, especially by the developing countries.Working on these assumptions, all countries - especially the big and rich consumers - define their energy security, and then compete to guarantee access to energy resources at an affordable price. …

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.884
Threshold uncertainty score0.920

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0010.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.012
GPT teacher head0.275
Teacher spread0.263 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2014
Admission routes1
Has abstractyes

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