The Next Energy Boom

New technologies mean an energy bonanza is on the horizon. And Beijing may be the biggest winner.

Much of the developing world is hot off a decade-long growth spurt thanks to China’s demand for commodities. Today, many of these countries only have one economic-growth plan—manifest a bonanza. Yet cordoning off natural resources is the wrong way to get there, as it will only highlight the lingering need for Western technology.

Sean Goforth is author of Axis of Unity: Venezuela, Iran and the Threat to America (Potomac Books, 2012).

Image: JustinWoolford