SEE: Carbon: 6.4C
- Created by: MaggieNaylor
- Created on: 20-03-22 18:14
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- 6.4C: Energy players
- Energy pathway describes the flow of energy between a producer and consumer
- Energy players are those with a stakehold in energy e.g. TNCs, OPEC, consumers, gov
- TNCs e.g. BP, Shell
- Explore, exploit, distribute energy
- Own supply lines, invest in distribution, process raw materials
- BP
- Explore: their geologists seek new oil reserves
- Extract: pay govs right to extract oil + pay 'oil revenues' to host countries
- They do this all over the world, recession in one country won't impact them
- Transport: they move oil to oil refineries, own pipelines to control energy pathways, direct transport to consumers as they own garages
- Explore, exploit, distribute energy
- OPEC- 13 oil producing countries
- They co-ordinate and unify petroleum policies of its members, ensuring stabilisation of markets
- This means there is a fair income for producers, steady supply for consumers, and fair return for investors
- They co-ordinate and unify petroleum policies of its members, ensuring stabilisation of markets
- National governments
- Secure energy supplies for the nation's present and future
- Regulate role of private companies
- Set environmental priorities
- Consumers
- Create demand
- Have power over oil companies e.g. by buying electric cars
- Public perception influences policy e.g. opinions on fracking/nuclear
- Create demand
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