ENERGY REVOLUTION UNDER THE BRICS NATIONS

The BRICS countries are of critical importance to both supply and demand fundamentals of energy markets globally. Today BRICS plays a very important role in the system of international energy security. BRICS energy diversification is driven by concerns for energy security. The potential for a BRIC e...

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Main Author: M. K. Sahu
Format: Article
Language:English
Published: Publshing House V.Ема 2016-06-01
Series:BRICS Law Journal
Subjects:
Online Access:https://www.bricslawjournal.com/jour/article/view/31
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author M. K. Sahu
author_facet M. K. Sahu
author_sort M. K. Sahu
collection DOAJ
description The BRICS countries are of critical importance to both supply and demand fundamentals of energy markets globally. Today BRICS plays a very important role in the system of international energy security. BRICS energy diversification is driven by concerns for energy security. The potential for a BRIC energy partnership is thus enormous. The development of the BRIC countries in the next coming decades will include demographic changes with a growing middle class population which will demand more energy and resources that our world has the potential to supply.A Green Energy Revolution is the panacea to solve major social, economic and envi­ronmental effects of their growing populations. This paper is an attempt to highlight the cooperation among the BRICS Nations for the development of Energy Sector and at the same time the concerning issue of climate change etc. It further discusses about the contribution of BRICS countries in the global economy. This paper also discusses about the role of the BRICS Nations in collaboration with the International Energy Agency.
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spelling doaj.art-4b767b2e3a414fe4ae84decef7d2eee62023-03-30T20:04:00ZengPublshing House V.ЕмаBRICS Law Journal2409-90582412-23432016-06-0131344110.21684/2412-2343-2016-3-1-34-4130ENERGY REVOLUTION UNDER THE BRICS NATIONSM. K. Sahu0National University of Study and Research in Law, RanchiThe BRICS countries are of critical importance to both supply and demand fundamentals of energy markets globally. Today BRICS plays a very important role in the system of international energy security. BRICS energy diversification is driven by concerns for energy security. The potential for a BRIC energy partnership is thus enormous. The development of the BRIC countries in the next coming decades will include demographic changes with a growing middle class population which will demand more energy and resources that our world has the potential to supply.A Green Energy Revolution is the panacea to solve major social, economic and envi­ronmental effects of their growing populations. This paper is an attempt to highlight the cooperation among the BRICS Nations for the development of Energy Sector and at the same time the concerning issue of climate change etc. It further discusses about the contribution of BRICS countries in the global economy. This paper also discusses about the role of the BRICS Nations in collaboration with the International Energy Agency.https://www.bricslawjournal.com/jour/article/view/31bricsenergy securitydemandiearevolution
spellingShingle M. K. Sahu
ENERGY REVOLUTION UNDER THE BRICS NATIONS
BRICS Law Journal
brics
energy security
demand
iea
revolution
title ENERGY REVOLUTION UNDER THE BRICS NATIONS
title_full ENERGY REVOLUTION UNDER THE BRICS NATIONS
title_fullStr ENERGY REVOLUTION UNDER THE BRICS NATIONS
title_full_unstemmed ENERGY REVOLUTION UNDER THE BRICS NATIONS
title_short ENERGY REVOLUTION UNDER THE BRICS NATIONS
title_sort energy revolution under the brics nations
topic brics
energy security
demand
iea
revolution
url https://www.bricslawjournal.com/jour/article/view/31
work_keys_str_mv AT mksahu energyrevolutionunderthebricsnations