Dieter Helm is fellow in economics, New College, and
professor of economic policy, University of Oxford. In 2017 he
carried out the Cost of Energy Review for the UK government. He
lives in Oxfordshire, UK.
"Burn Out is illuminating, not least when Helm analyses potential
winners and losers from the shift."--Pilita Clark, Financial Times
"A concise primer on the history of global energy economics,
politics, and diplomacy . . . The book will be a valuable resource
for energy and climate decision-makers."--Science "The book's grand
scope and its provocative line should provoke considerable and
fruitful debate."--Peter Christoff, Australian Book Review "Getting
serious about global warming will require a transformation in the
world's energy systems. In this lucid and wide- ranging book Dieter
Helm shows how that transformation will affect almost every quarter
of the global economy--from commodity prices to the strategies of
the world's largest companies. The future energy system, Helm says,
is likely to hinge on electric power. Today's big producers of
hydrocarbons, from Russia to the Persian Gulf, are in trouble;
countries that can promote and harness technological innovation
will fare best."-David G. Victor, Professor at School of Global
Policy and Strategy, UC San Diego and author of Global Warming
Gridlock.
"Professor Helm is not someone to pull punches, and he certainly
does not in this provocative book about the long-term demise he
anticipates of the fossil fuel industries. Whether he's correct
won't be known for many decades, but in the meantime, his thesis
and the evidence he assembles merit close and careful
review."--Robert N. Stavins, Albert Pratt Professor of Business &
Government, John F. Kennedy School of Government, Harvard
University and Director of the Harvard Environmental Economics
Program "Helm argues convincingly and clearly that we have entered
the endgame for fossil fuels. But, as he also makes clear, how that
endgame plays through is of fundamental importance not only to the
future of our climate, but also to the structure of the world
economy and its geo-politics. He is surely right that the key
drivers of change will be technological advance and the
strengthening of climate policies; and that, in the interim, gas
will rise relative to other fossil fuels. This is an important book
by one of the world's most knowledgeable and thoughtful energy
economists."-Nicholas Stern is professor of economics at the LSE,
President of the British Academy and a cross-bench member of the
House of Lords. "When Britain's leading energy expert concludes
that the fossil fuel industry is doomed, people are likely to sit
up and take notice. Dieter Helm provocatively sets out the primary
causes - climate change and new technologies - along with the
economic and geopolitical consequences of the endgame for fossil
fuels. This is no reason here for environmentalists to celebrate;
even if investors follow a the "harvest and exit" strategy
suggested by Helm, dangerous climate change is still likely without
further action. This striking new book displays Professor Helm's
characteristic force and clarity, making it compelling reading for
those interested in energy or climate policy."- Cameron Hepburn,
Professor of environmental economics at the University of Oxford
"Dieter Helm has redefined the study of energy economics. His
must-read new book is a prescient and gripping analysis of the
trends which are reshaping our world"--Edward Lucas, Senior Editor,
The Economist
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