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244 Daniel Yergin: The New Map

The New Map describes how the rise of new energy sources is changing global power, geopolitics, and the economy.

Duration: 15 hours
48 minutes
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Daniel Yergin: The New Map

Summary

In The New Map, Daniel Yergin explores the impact of new energy sources, such as shale gas and renewables, on global power dynamics, geopolitics, and the economy. The book highlights the changing energy landscape and its implications for countries, companies, and individuals, providing a comprehensive analysis of the current energy transition.

About

Title: The New Map

Author: Daniel Yergin

Publishing year: 2020

Publisher: Penguin Press

Length in hours: 15 hours and 48 minutes

5 main ideas

  1. The rise of new energy sources, such as shale gas and renewables, is disrupting traditional power dynamics and creating new opportunities and challenges.
  2. The energy transition is not just a technological change, but also a political and economic one, with implications for national security, trade, and investment.
  3. The changing energy landscape is reshaping geopolitics, with the United States emerging as a major energy exporter and China investing heavily in renewables.
  4. The rise of electric vehicles and the decarbonization of the transportation sector are accelerating the energy transition and transforming the auto industry.
  5. To navigate the energy transition, companies and individuals must adapt to new business models, technologies, and regulatory frameworks.
Daniel Yergin: The New Map

5 funny quotes

  1. "Sometimes the best way to predict the future is to look at the past."
  2. "The energy sector is not just about physics and chemistry, it's also about psychology and economics."
  3. "The energy industry is a bit like a jigsaw puzzle, with pieces that are constantly moving and changing shape."
  4. "The energy transition is like a relay race, with different runners taking over the baton at different stages."
  5. "Electric cars may not have the roar of a muscle car, but they have the torque of a locomotive."

5 thought-provoking quotes​

  1. "Energy is not just an industry, it is a prism through which we can view the world and understand its complexities."
  2. "The future of oil will depend not on whether there is enough supply, but on whether there is enough demand."
  3. "The era of easy energy is over, but the era of abundance is just beginning."
  4. "The energy transition is not a spectator sport. It is a participation sport."
  5. "The future is not what it used to be."

5 dilemmas

  1. Balancing the need for energy security with the imperative of decarbonization.
  2. Addressing the geopolitical risks and opportunities of the energy transition, including the shifting balance of power between the United States and China.
  3. Adapting to new business models and technologies, such as electric vehicles and distributed energy resources, while maintaining profitability and competitiveness.
  4. Navigating the complex regulatory environment and policy uncertainties associated with the energy transition.
  5. Balancing the economic and environmental costs and benefits of different energy sources and technologies.

5 examples

  1. Tesla
  2. General Electric
  3. Saudi Aramco
  4. China National Petroleum Corporation (CNPC)
  5. Enel

Referenced books

  1. "Energy: A Beginner's Guide" by Vaclav Smil
  2. "The Future of Power" by Joseph S. Nye Jr.
  3. "The Revenge of Geography: What the Map Tells Us About Coming Conflicts and the Battle Against Fate" by Robert D. Kaplan
  4. "Energy Transitions: History, Requirements, Prospects" by Vaclav Smil
  5. "The Innovators: How a Group of Hackers, Geniuses, and Geeks Created the Digital Revolution" by Walter Isaacson

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"Energy is not just an industry, it is a prism through which we can view the world and understand its complexities."

Daniel Yergin: The New Map

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