The Energy Transition and Export Diversification in Oil-Dependent Countries: The Role of Structural Factors

Fatih Karanfil and Luc Omgba

Discussion Papers from King Abdullah Petroleum Studies and Research Center

Abstract: The energy transition toward decarbonization is expected to impact producers of fossil fuels. However, oil-exporting countries are currently key players in the modern economy. Thus, the energy transition will not be successful if state revenues in these countries are not stably maintained. These countries can protect themselves against revenue volatility and mitigate carbon risk by diversifying their economies. However, export diversification appears to be particularly challenging for many oil-producing countries.

Keywords: Adaptation; Circular Carbon Economy; Climate change; Competitiveness (search for similar items in EconPapers)
Pages: 39
Date: 2023-11-04
New Economics Papers: this item is included in nep-ene and nep-env
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Citations: View citations in EconPapers (5)

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https://www.kapsarc.org/research/publications/the- ... -structural-factors/ First version, 2023

Related works:
Journal Article: The energy transition and export diversification in oil-dependent countries: The role of structural factors (2023)
Working Paper: The energy transition and export diversification in oil-dependent countries: The role of structural factors (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:prc:dpaper:ks--2022-dp21

DOI: 10.30573/KS--2022-DP21

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