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Daniel Yergin QUOTES

Daniel Yergin QUOTES

161 " Many nations make their marine claims on the basis of the 1982 United Nations Convention on the Law of the Sea, which had involved negotiations with more than 150 countries over fourteen years. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

162 " resented "

― Daniel Yergin , The Quest: Energy, Security, and the Remaking of the Modern World

163 " Starting off with a tiny trucking company that he built into a major enterprise, McLean went on to unleash the container revolution in world shipping that is the foundation of today’s global economy. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

164 " The era that began in 1979 is over,” he announced. From here on, Saudi Arabia would be the home of “moderate Islam.” To drive home the point, he declared, “We will destroy the extremists.” To emphasize the change coming in the country for the young Saudis who were watching online, he pulled out what looked like an “old” BlackBerry—circa 2005—and a current iPhone. The difference between the two, he said, is how Saudi Arabia would change. The image went viral. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

165 " On April 26, 1956, cranes at the port of Newark, New Jersey, lifted up fifty-eight truck bodies, minus their wheels and cabins, and put them on a surplus World War II tanker bound for Texas. “We are convinced that we have found a way to combine the economy of water transportation with the speed and flexibility of overland shipment,” McLean announced. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

166 " His next step was to detour ships on their way back from Vietnam, now empty of cargo, to Japan to pick up containers filled with inexpensive goods destined for U.S. customers. Manufacturers in the Asian “tigers”—South Korea, Taiwan, Hong Kong, and Singapore—followed suit. It was the spread of this innovation, and the networks and system that implemented it, that integrated East Asia into the world economy. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

167 " over two hundred people—members of the royal family, business and government leaders, present and former cabinet ministers—were arrested, charged with corruption, and detained in that very same Ritz-Carlton, now transformed into a prison. Some of the detainees only the week before had been shaking hands with the foreign visitors at the investment conference "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

168 " In 1980, the year Deng began his reforms, McLean initiated the first container service to China. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

169 " Saleh had his own battles to fight, most notably with a rebellious group called Ansar Allah (“Supporters of God”). Its base were the Zaydi tribes in the rugged mountains of northwest Yemen (with some spillover into the very south of Saudi Arabia). The Zaydis represent about 40 percent of the Muslim population of Yemen. They are considered close to Shia, though with doctrines different from those of Iran, and with some affinities to Sunni. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

170 " Oil is not merely the heart of the Iraqi economy. In economic terms, Iraq is oil, which makes up over 90 percent of government revenues, over 99 percent of exports, and almost 60 percent of GDP. The World Bank describes Iraq as “the world leader in terms of dependence on oil. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

171 " Ansar Allah emerged in the 1990s. Its founder was Hussein al-Houthi, who denounced Saleh as the living personification of the “unjust ruler” that figures in Zaydi theology. Houthi traveled to both Iran and Sudan for religious education. He had returned to Yemen to build a Zaydi militia and lead the rebellion against Saleh in the name of piety and fighting corruption—and resisting the encroachment of fundamentalist proselytizing from neighboring Saudi Arabia. His 2002 sermon, “A Scream in the Face of the Arrogant,” reflected the rhetoric of revolutionary Iran. Ansar Allah found the model for its new militia in Hezbollah. Houthi studied videos of Hassan Nasrallah, the leader of Hezbollah, and celebrated how “Nasrallah’s powerful words” were “shaking Israel. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

172 " On Salman’s accession to the throne in 2015, Mohammed, heretofore largely unknown, catapulted at age twenty-nine into the position of deputy crown prince—and quickly assumed additional power as minister of defense and head of both the supreme economic council and the supreme council overseeing the oil industry. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

173 " Houthi was killed by Saleh’s forces in 2004. Thereafter, his fervent followers took his name—the Houthis. They also received support from Iran and Hezbollah. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

174 " Despite the growth of nuclear power and renewables, 85 percent of China’s energy today comes from fossil fuels. The structure of China’s energy economy differs from North America’s and Europe’s; it is heavily reliant on coal—almost 60 percent of its total energy, compared to just 11 percent in the United States. Oil is the leading source of energy today in the United States—37 percent. In China, it is half that—20 percent. Natural gas is just 6 percent of total demand, though growing fast, compared to 32 percent in the United States. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

175 " the Houthis captured Sanaa, Yemen’s capital. They wasted no time in establishing direct air service between Sanaa and Tehran. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

176 " Cars generate about 6 percent of energy-related CO2 emissions. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

177 " In 1933, Standard Oil of California—Socal, now Chevron—won the right to explore for oil in Saudi Arabia. On March 4, 1938, a telegram was dispatched from Saudi Arabia to the San Francisco headquarters of Socal. It reported that in a test in the eastern province on a well called Damman #7, at a depth of 4,694 feet, oil had flowed at the rate of 1,585 barrels per day. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

178 " No new car company had been started in the United States since 1925. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations

179 " Shale gas was proving to be cheaper than conventional natural gas. In 2000 shale was just 1 percent of natural gas supply. By 2011 it was 25 percent, and within two decades it could reach 50 percent. "

― Daniel Yergin , The Quest: Energy, Security, and the Remaking of the Modern World

180 " in 1959, with the discovery in Manchuria of a giant oil field named Daqing—which means “Great Celebration.” By the 1980s, the domestic petroleum industry was meeting the nation’s needs and also producing a surplus of oil that was exported, principally to Japan. "

― Daniel Yergin , The New Map: Energy, Climate, and the Clash of Nations