Impacts of Global Climate Policies on Middle Eastern Oil Exporters: A Review of Economic Implications and Mitigation Strategies

Salaheddine Soummane and Aisha Al-Sarihi
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Aisha Al-Sarihi: King Abdullah Petroleum Studies and Research Center

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: Climate policies are tightening in an effort to curb carbon dioxide emissions. As a result, global oil demand may peak and gradually decline, causing oil prices to fall. A structural fall in oil prices may have serious implications for Middle Eastern oil exporters. Many studies attempt to estimate the economic implications of climate change response measures for oil exporting countries. However, they have not reached a consensus regarding the magnitude of these implications.

Keywords: Air conditioning; Applied general model; Article 6; Blockchain (search for similar items in EconPapers)
Pages: 31
Date: 2023
New Economics Papers: this item is included in nep-agr, nep-ara, nep-des, nep-ene, nep-env and nep-int
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https://www.kapsarc.org/research/publications/impa ... tigation-strategies/ First version, 2023

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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2022-dp16

DOI: 10.30573/KS--2022-DP16

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