EA January 2013

Perspectives -- Energy Policies in the United States and Europe: Divergence or Convergence?

williamnitzeAre United States and Europe,  leaders in the developed world,  diverging or converging on national energy policies?  The question is important since common policies are more likely to set global standards.    But there is no single answer because the answer  differs depending  on which part of the energy sector one is talking about.  Accordingly, I will try to answer the question sector by sector starting with oil and proceeding through natural gas, non-hydro renewable and energy efficiency, and ending with climate change.  It should be noted that oil is used almost exclusively in the transportation sector; natural gas for electricity production and heating; and non-hydro renewables for electricity production.  Energy efficiency and climate change involve both the transportation and electricity sectors.