Growing demand for energy in developing countries and calls for greener energy worldwide are putting unprecedented pressure on the global energy system. Existing energy institutions are struggling to remain relevant. A new mechanism for cooperation is needed.
DAVID G. VICTOR is a Professor at the School of International Relations and Pacific Studies at the University of California, San Diego, where he directs the Laboratory on International Law and Regulation. LINDA YUEH is Fellow in Economics at St. Edmund Hall, at the University of Oxford, where she directs the China Growth Center.