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USA-China Hegemonic Rivalry: Shale Gas Revolution, Renewable Energy and Rare Earth Elements

Year 2022, Volume: 6 Issue: 1, 59 - 80, 25.01.2022
https://doi.org/10.25295/fsecon.1041487

Abstract

Following Global Financial Crises in 2008 hegemonic descent of USA and China’s hegemonic rise has become apparent. Trade wars between both states has been remarkable. In this hegemonic rivalry, gaining control over the key technologies in the Fourth Industrial Revolution will be decisive.
In this paper, hegemony concept will be borrowed from World Systems Theory perspective. In this respect, the hegemonic rivalry between USA and China will be discussed in the basis of energy security which is in fact seen as a national security problem. Therefore, this paper will analyze effects of Shale Gas Revolution, which has brought USA into a game changer position in international energy markets, increasing rivalry in developing renewable energy technologies, which are supposed to be key for the future and China’s almost monopolistic market power in rare earths which are crucial in high tech industrial production.

References

  • Balaam, D. N., Dillman, B. (2018). Uluslararası Ekonomi Politiğe Giriş, Adres Yayınları, 2. Baskı. Ankara.
  • Bellani J. et al., (2021). “Shale Gas: A Step Toward Sustainable Energy Future”, Journal of Petroleum Exploration and Production Technology, 11, (2127-2141).
  • Bilgin, M. (2017). “The Shale Revolution and Beyond: Has Turkey Faced the Consequences of US Energy Transition?”, PERCEPTIONS, Summer-Autumn 2017, Volume XXII, Number 2-3, pp. 4-30.
  • Blackwill, R. D., Sullivan, M. (2014). “America’s Energy Edge,The Geopolitical Consequences of the Shale Revolution”. Foreign Affairs, Vol.93, (March/April), (1-12).
  • Buchholz, K. (2020). “The Biggest Economies in the World”. https://www.statista.com/chart/19489/biggest-economies-in-the-world (Erişim Tarihi: 10.12.2021)
  • Chen, et. al., (2018). “The Shale Gas Revolution in China- Problems and Countermeasures”, Earth Sciences Research Journal, vol. 22, no.3, (July/Sept.).
  • Cox, R. W. (1987). Production Power and World Order. Colombia University Press.
  • CSIS Report 2010. (2010), The Geopolitics of Energy, https://csis-website-prod.s3.amazonaws.com/s3fs-public/legacy_files/files/publication/101026_Verrastro_Geopolitics_web.pdf, (Erişim Tarihi: 17.10.2021)
  • Çaşkurlu, S. (2018). Uluslararası İşbölümü, Teknoloji Ve Türkiye Açısından Bir Değerlendirme. Gazi Kitabevi, Ankara.
  • Frieden, J. (2006). “Will Global Capitalism Fall Again?”, Bruegel Essay and Lecture Series.
  • Gholz, E. (2014). “Energy Report: Rare Earth Elements and National Security”, Council on Foreign Relations.
  • Global Energy Review 2021, (2021), https://www.iea.org/reports/global-energy-review-2021 (Erişim tarihi: 10.12.2021).
  • Hopkins, T. et. al., (1982). “Patterns of Development of The Modern World System”, Wold Systems Analysis, Terence K. Hopkins, I. Wallerstein vd.. Sage Publications, USA.
  • https://iswitch.com.sg/a-brief-history-of-electricity (Erişim Tarihi: 10. 12. 2021)
  • https://www.iea.org/reports/solar-pv (Erişim Tarihi: 10. 12. 2021)
  • https://www.iea.org/reports/wind-power (Erişim Tarihi: 10. 12. 2021)
  • https://www.statista.com/chart/24687/solar-panel-global-market-shares-by-production-steps/ (Erişim Tarihi: 10. 12. 2021)
  • Hughes, L., Meckling, J. (2017), “The Politics of Renewable Energy Trade: The US-China Solar Dispute”, Energy Policy, 105. (256-262).
  • Johnson, K., Gramer, R. (2020). “The Great Decoupling”, https://foreignpolicy.com/2020/05/14/china-us-pandemic-economy-tensions-trump-coronavirus-covid-new-cold-war-economics-the-great-decoupling/.
  • Reynolds, O. (2021). “The World's Top 5 Largest Economies in 2024”. (February 16, 2021) https://www.focus-economics.com/blog/the-largest-economies-in-the-world (Erişim Tarihi: 10.12.2021)
  • Schwab, K. (2016). “The Fourth Industrial Revolution”, World Economic Forum, 2016, Geneva Switzerland.
  • Sevim, C. (2014). “Kaya (Şeyl) Gazının Uluslararası Enerji Politikalarına Etkileri”, Ege Stratejik Araştırmalar Dergisi, Cilt 5, Sayı1, (49-64).
  • Shannon, T.R. (1989). An Introduction to the Wold System Perspective, Westview Press, USA.
  • Shepard, W. (2019). “What China Is Really Up To In Africa?” https://www.forbes.com/sites/wadeshepard/2019/10/03/what-china-is-really-up-to-in-africa/?sh=77d7b1e55930 (Erişim Tarihi: 15.11.2021).
  • Steeves, B. B., Ouriqies, H. R. (2016). “Energy Security: China and the United States and the divergence in renewable energy”. Contexto Internacional, Vol.38(2), May/Aug, (643-661).
  • Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States, EIA (June 2013).
  • The Investopedia Team (2021). The World’s Top Oil Producers, (30 Nov. 2021) https://www.investopedia.com/investing/worlds-top-oil-producers (Erişim Tarihi: 10.12.2021)
  • The Investopedia Team, The World’s Top Oil Producers, (30 Nov. 2021)
  • Twin, A. (2021), World's Top 10 Oil Exporters, (June 7, 2021).
  • U.S. Geological Survey, Mineral Commodity Summeries, January 2021 https://pubs.usgs.gov/periodicals/mcs2021/mcs2021-rare-earths.pdf (Erişim tarihi:20.Aralık.2021)
  • Vela, C. A. M. (2001). World Systems Theory, ESD.83, Fall.
  • Xing, L., Shengjun, Z. (2018). Interdependent Hegemony: China’s Rise Under the Emerging New World Order. China Quarterly of International Strategic Studies, Vol. 4, No.2, (159-175).

ABD-Çin Hegemonya Mücadelesi: Kaya Gazı Devrimi, Yenilenebilir Enerji ve Nadir Elementler

Year 2022, Volume: 6 Issue: 1, 59 - 80, 25.01.2022
https://doi.org/10.25295/fsecon.1041487

Abstract

2008 Küresel Finansal Krizi sonrasında ABD’nin hegemonyasının düşüşe geçtiği konuşulurken Çin’in de hegemon olma yolunda yükselişe geçtiği fark edilmeye başlanmıştır. Çin-ABD arasındaki hegemonik rekabet ticaret savaşlarıyla giderek görünür hale gelmiştir. Bu hegemonya mücadelesinde kuşkusuz 4. Sanayi Devrimi’nin teknolojilerine ve bu teknolojilerde kullanılan stratejik girdilere kimin hâkim olduğu belirleyici olacaktır.
Çalışmada Dünya Sistemi Teorisi bakış açısıyla hegemonya kavramı ele alınacak ve bu çerçevede, ABD ve Çin’in hegemonya mücadeleleri, bir ulusal güvenlik meselesi olarak görülmeye başlanmış olan enerji güvenliği temelinde analiz edilecektir. İki ülke arasındaki hegemonik rekabet ABD’nin uluslararası enerji piyasalarında fiyat belirleyici konuma gelmesini sağlayan Kaya Gazı Devrimi’nin etkileri, geleceğin enerjisi olarak görülen yenilebilir enerji teknolojilerinin geliştirilmesi alanında artan rekabet ve yüksek teknoloji ürünlerinde kilit rol oynayan nadir elementlerde Çin’in geldiği tekele yakın konum ekseninde değerlendirilecektir.

References

  • Balaam, D. N., Dillman, B. (2018). Uluslararası Ekonomi Politiğe Giriş, Adres Yayınları, 2. Baskı. Ankara.
  • Bellani J. et al., (2021). “Shale Gas: A Step Toward Sustainable Energy Future”, Journal of Petroleum Exploration and Production Technology, 11, (2127-2141).
  • Bilgin, M. (2017). “The Shale Revolution and Beyond: Has Turkey Faced the Consequences of US Energy Transition?”, PERCEPTIONS, Summer-Autumn 2017, Volume XXII, Number 2-3, pp. 4-30.
  • Blackwill, R. D., Sullivan, M. (2014). “America’s Energy Edge,The Geopolitical Consequences of the Shale Revolution”. Foreign Affairs, Vol.93, (March/April), (1-12).
  • Buchholz, K. (2020). “The Biggest Economies in the World”. https://www.statista.com/chart/19489/biggest-economies-in-the-world (Erişim Tarihi: 10.12.2021)
  • Chen, et. al., (2018). “The Shale Gas Revolution in China- Problems and Countermeasures”, Earth Sciences Research Journal, vol. 22, no.3, (July/Sept.).
  • Cox, R. W. (1987). Production Power and World Order. Colombia University Press.
  • CSIS Report 2010. (2010), The Geopolitics of Energy, https://csis-website-prod.s3.amazonaws.com/s3fs-public/legacy_files/files/publication/101026_Verrastro_Geopolitics_web.pdf, (Erişim Tarihi: 17.10.2021)
  • Çaşkurlu, S. (2018). Uluslararası İşbölümü, Teknoloji Ve Türkiye Açısından Bir Değerlendirme. Gazi Kitabevi, Ankara.
  • Frieden, J. (2006). “Will Global Capitalism Fall Again?”, Bruegel Essay and Lecture Series.
  • Gholz, E. (2014). “Energy Report: Rare Earth Elements and National Security”, Council on Foreign Relations.
  • Global Energy Review 2021, (2021), https://www.iea.org/reports/global-energy-review-2021 (Erişim tarihi: 10.12.2021).
  • Hopkins, T. et. al., (1982). “Patterns of Development of The Modern World System”, Wold Systems Analysis, Terence K. Hopkins, I. Wallerstein vd.. Sage Publications, USA.
  • https://iswitch.com.sg/a-brief-history-of-electricity (Erişim Tarihi: 10. 12. 2021)
  • https://www.iea.org/reports/solar-pv (Erişim Tarihi: 10. 12. 2021)
  • https://www.iea.org/reports/wind-power (Erişim Tarihi: 10. 12. 2021)
  • https://www.statista.com/chart/24687/solar-panel-global-market-shares-by-production-steps/ (Erişim Tarihi: 10. 12. 2021)
  • Hughes, L., Meckling, J. (2017), “The Politics of Renewable Energy Trade: The US-China Solar Dispute”, Energy Policy, 105. (256-262).
  • Johnson, K., Gramer, R. (2020). “The Great Decoupling”, https://foreignpolicy.com/2020/05/14/china-us-pandemic-economy-tensions-trump-coronavirus-covid-new-cold-war-economics-the-great-decoupling/.
  • Reynolds, O. (2021). “The World's Top 5 Largest Economies in 2024”. (February 16, 2021) https://www.focus-economics.com/blog/the-largest-economies-in-the-world (Erişim Tarihi: 10.12.2021)
  • Schwab, K. (2016). “The Fourth Industrial Revolution”, World Economic Forum, 2016, Geneva Switzerland.
  • Sevim, C. (2014). “Kaya (Şeyl) Gazının Uluslararası Enerji Politikalarına Etkileri”, Ege Stratejik Araştırmalar Dergisi, Cilt 5, Sayı1, (49-64).
  • Shannon, T.R. (1989). An Introduction to the Wold System Perspective, Westview Press, USA.
  • Shepard, W. (2019). “What China Is Really Up To In Africa?” https://www.forbes.com/sites/wadeshepard/2019/10/03/what-china-is-really-up-to-in-africa/?sh=77d7b1e55930 (Erişim Tarihi: 15.11.2021).
  • Steeves, B. B., Ouriqies, H. R. (2016). “Energy Security: China and the United States and the divergence in renewable energy”. Contexto Internacional, Vol.38(2), May/Aug, (643-661).
  • Technically Recoverable Shale Oil and Shale Gas Resources: An Assessment of 137 Shale Formations in 41 Countries Outside the United States, EIA (June 2013).
  • The Investopedia Team (2021). The World’s Top Oil Producers, (30 Nov. 2021) https://www.investopedia.com/investing/worlds-top-oil-producers (Erişim Tarihi: 10.12.2021)
  • The Investopedia Team, The World’s Top Oil Producers, (30 Nov. 2021)
  • Twin, A. (2021), World's Top 10 Oil Exporters, (June 7, 2021).
  • U.S. Geological Survey, Mineral Commodity Summeries, January 2021 https://pubs.usgs.gov/periodicals/mcs2021/mcs2021-rare-earths.pdf (Erişim tarihi:20.Aralık.2021)
  • Vela, C. A. M. (2001). World Systems Theory, ESD.83, Fall.
  • Xing, L., Shengjun, Z. (2018). Interdependent Hegemony: China’s Rise Under the Emerging New World Order. China Quarterly of International Strategic Studies, Vol. 4, No.2, (159-175).
There are 32 citations in total.

Details

Primary Language Turkish
Journal Section Articles
Authors

Sibel Çaşkurlu 0000-0001-6394-8198

Publication Date January 25, 2022
Published in Issue Year 2022 Volume: 6 Issue: 1

Cite

APA Çaşkurlu, S. (2022). ABD-Çin Hegemonya Mücadelesi: Kaya Gazı Devrimi, Yenilenebilir Enerji ve Nadir Elementler. Fiscaoeconomia, 6(1), 59-80. https://doi.org/10.25295/fsecon.1041487

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