Solving the oil independence problem: Is it possible?

Sovacool, Benjamin K (2007) Solving the oil independence problem: Is it possible? Energy Policy, 35 (11). pp. 5505-5514. ISSN 0301-4215

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Abstract

As currently discussed in political circles, oil independence is unattainable—lacking coherent meaning and wedding policymakers to the notion that they can never accomplish it. Contrary to this thinking, more than a dozen different sets of technologies and practices could increase domestic supply and reduce demand for oil to the point of making the US functionally independent from oil price shocks. However, achieving this goal demands concerted action to expand and diversify conventional domestic oil supplies, reduce overall demand in the transportation and buildings sector, and continue to develop alternative fuels. If policymakers undertook such actions today, the US could become oil independent by 2030.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > SPRU - Science Policy Research Unit
Depositing User: Benjamin Sovacool
Date Deposited: 02 Dec 2015 14:28
Last Modified: 02 Jun 2016 09:10
URI: http://sro.sussex.ac.uk/id/eprint/58116
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