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The Quest: Energy, Security, and the Remaking of the Modern World Paperback – September 26, 2012
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“A sprawling story richly textured with original material, quirky details and amusing anecdotes... The tale is generously sprinkled with facts debunking common misperceptions, and Mr. Yergin sagely analyzes how well the energy industry really works.” — THE WALL STREET JOURNAL
“It is a cause for celebration that Yergin has returned with his perspective on a very different landscape… [I]t is impossible to think of a better introduction to the essentials of energy in the 21st century. In Yergin’s lucid, easy prose, the 800 pages flow freely… The Quest is… the definitive guide to how we got here.”
— THE FINANCIAL TIMES
“An important book… a valuable primer on the basic issues that define energy today. Yergin is careful in his analysis and never polemical… Despite that, The Quest makes it clear that energy policy is not on the right course anywhere in the world and that everyone—on the left and the right, in the developed and the developing world—need to rethink strongly held positions.” — THE NEW YORK TIMES BOOK REVIEW (Fareed Zakaria)
“Mr Yergin’s previous book, The Prize, a history of the global oil industry, had the advantage of an epic tale and wondrous timing… The Quest, as its more open-ended title suggests, is a broader and more ambitious endeavour… The Quest is a masterly piece of work and, as a comprehensive guide to the world’s great energy needs and dilemmas, it will be hard to beat.”
— THE ECONOMIST
“The Quest is a book—a tour de force, really—that evaluates the alternatives to oil so broadly and deeply that the physical tome could double as a doorstop… It is best read slowly, perhaps one chapter per day maximum, if the goal is to actually absorb the rich detail and sometimes complicated workings described by Yergin.” — USA TODAY
About the Author
Top Customer Reviews
This is Daniel Yergin
Daniel Yergin is such an author, and this is such a book. It has now been two decades since the he turned the world upside down with his Pulitzer Prize winning "The Prize - The Epic Quest for Oil". To have read it is to understand the world. Its monumental impact affected our economy and Wall Street. In the last few years it became apparent that The Prize needed a badly needed update, not just a chapter added. Instead of completely revamping The Prize, Yergin did one better, he chose to write on the world of energy in general and then incorporate revisions from his previous writings which were necessary. This brings us to "The Quest: Energy, Security, and the Remaking of the Modern World".
We live in world that currently creates $65 trillion per year in gross production of goods and services. Our country does close to $15 trillion of this production, while Europe as a whole does slightly more. Within 20 years the world is expected to produce $130 trillion, that's a doubling in just 2 decades. Now here's the problem as laid out in the book. Yergin clearly spells out that in the developed world today we use about 14 barrels of oil per person per year.Read more ›
A side benefit of "The Quest" is that it also provides important insights on related issues. For example, readers learn that the Arab oil embargo and 1973 October War helped sustain the Soviet Union via their associated quadrupling of oil prices - Russia's main source of hard currency. (Prior to the 1991 breakup of the Soviet Union, it was the world's #1 oil producer; it now has returned to that position.) At the time of the breakup they were having difficulty even feeding children in major cities - thus, the popular story that it was Reagan's defense buildup that broke their economic back (denied by Gorbachev) probably isn't true. Regardless, such heavy reliance on natural resources probably also 'infected' the Soviets then (Russia today) with the so-called 'Dutch disease' in which other economic areas remain weak and undeveloped. Yergin also illustrates how the Dutch disease infected Nigeria and Venezuela as well. Conversely, China had no such richness of natural resources, and that probably helped push it towards the broad range of competencies it has achieved. One also learns important details of how the Russian oligarchs came about, and the subsequent feuding of some with Putin that led to their downfall.Read more ›
Now those two centuries of increasing imbalance are coming to an end, the result of the combined effects of five centuries of globalization beginning with Columbus; advances in transportation and communication in the 19th and 20th Centuries; the rapid spread of literacy, especially in the years following World War II; and major improvements in healthcare, which dramatically extended life expectancy across the globe. As the 21st Century continues to unfold, we may yet see today's wealthiest economies -- those of Europe and the United States -- fall behind the Asian giants, as they tap the potential of billions of increasingly healthy, well-educated citizens.
This tectonic shift in geopolitical relations lends great urgency to energy politics today. The rise of the East is as great a factor in the sourcing and distribution of energy resources as climate change. Both factors loom large in economic researcher Daniel Yergin's superb new book, The Quest: Energy, Security, and the Remaking of the Modern World.
In 1991 Yergin published The Prize: The Epic Quest for Oil, Money, and Power, which gained the #1 spot on the New York Times nonfiction best-seller list, won the Pulitzer Prize, and established his firm, Cambridge Energy Research Associates, as the country's most sought-after voice on energy issues.Read more ›
Most Recent Customer Reviews
I love scholarly books. It even exposes the early manipulation of Congress by the climate alarmist crowd.Published 1 month ago by Vincent Sauve
I really liked the book, it was very up-to-date and had information all the way up to 2013 and maybe more. Read morePublished 2 months ago
Good but not up to date on the solution and renewable energy sectors that are mopving at light speed. The solutions project [... Read morePublished 3 months ago by Amazon Customer
Love reading about what goes on in the world. Interesting read on energy and securityPublished 5 months ago by Live Wise Naturals