DPP faculty member Andreas Goldthau publishes chapter in Routledge Handbook of Oil Politics

DPP faculty member Andreas Goldthau authored a chapter titled "Challenges in Oil Governance" for the Routledge Handbook of Oil Politics (ed. Robert Looney). The chapter argues that global oil is best described as a polycentric system, governed by the market. It focuses on emerging challenges to the market governance system relating to a significant shift in global demand trends in oil away from OECD towards Asian consumers, and a coinciding plateau in OECD oil production; to the resurgence of National Oil Companies in the global market, particularly originating from Asian consumer countries; and to spillovers from climate policies to the oil market.