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The convergence of international concern about climate change and energy security is the principal force behind the shakeup, buffeting the agendas of energy producers (companies and governments) and energy consumers (companies and governments). Climate change and energy security are forcing energy prices higher; driving resource nationalism; spurring competition for resources; igniting public and private investment in alternative energies, challenging the relentless growth of energy demand, particularly in China and India; and stirring diverse positions and arguments about the post-Kyoto world. As importantly, the risk of misunderstanding between producers and consumers is growing.
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