Green Car Reports

AUGUST 4, 2016

Cheap gasoline is good news for the economies of most countries, but not those that rely on oil exports. The sustained fall in global prices has led oil-producing countries to search for ways to keep their revenues up. In some cases, that means cutting back on cheap gas for their own citizens.

Saudi Arabia 60

Saudi Arabia Cheap Kuwait Oil 60

Green Car Congress

APRIL 10, 2015

With its headquarters in Vienna, Austria, one of the mandates of 12-member OPEC is to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.” Venezuela’s Woes.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

MAY 6, 2019

Nigeria or Algeria cannot do the same for their oil industry. Saudi Arabia and Kuwait might, and should be encouraged to do so. This scenario assumes a full global consensus for action on climate change. A wave of green globalization allows all countries to share in the benefits of decarbonization. —Goldthau et al.

Carbon 207

Carbon Europe Climate Change Saudi Arabia 207