Energy and the Economy in North America
Edward C. Chow and
Jorge-Andres Rincon-Romero
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Edward C. Chow: Center for Strategic and International Studies
Jorge-Andres Rincon-Romero: Newmont Corporation
Chapter Chapter 35 in The Palgrave Handbook of International Energy Economics, 2022, pp 713-729 from Springer
Abstract:
Abstract Chow and Rincon review the energy sector of North America, which plays a critical role in the economy of the U.S., Canada, and Mexico. The American shale oil and gas revolution, which drove production to historical peaks, will have diminished but still significant impact, including globally. High energy consumption rates in the U.S. and Canada challenge reaching climate policy goals, under heightened public pressure, and the search for alternatives to fossil fuels. Mexico will be more focused on economic development and energy access. The U.S. will continue to emphasize energy innovation, driven by public investment in research and development and private capital in commercial applications.
Keywords: U.S.; Canada; Mexico; Energy; Economy; America; Unconventional; Shale; Oil; Gas; Coal; Prices; Climate; Environment; Energy transition (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-86884-0_35
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DOI: 10.1007/978-3-030-86884-0_35
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