Supply-side Climate Policy for Crude Oil Producers

Paul Zakkour and Wolfgang Heidug
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Wolfgang Heidug: King Abdullah Petroleum Studies and Research Center

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: This paper considers the potential for supply-side climate policy to increase climate action, with a focus on crude oil producers and exporting countries. To date, supply-side policies have not been widely used in efforts to tackle climate change, and the emerging dialogue on the topic tends to focus solely on measures that can curtail and ultimately end fossil fuel production. These strategies, in combination with comprehensive and sustained demand-side climate policy actions, pose a threat to the value of fossil fuel resource endowments held by countries and companies alike.

Keywords: Climate mitigation; CO2 emissions; Energy diversification (search for similar items in EconPapers)
Pages: 31
Date: 2020-09-21
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https://www.kapsarc.org/research/publications/supp ... crude-oil-producers/ First version, 2020

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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2020-dp19

DOI: 10.30573/KS--2020-DP19

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