By Laura El-Katiri
[DOWNLOAD THE FULL REPORT HERE]
Oil price swings are not only a problem for consumer countries but also for producers, particularly those with oil sectors that have a central role in their economies. In a new report by the Center on Global Energy Policy, author Laura El-Katiri explores the response to a downward cycle in oil prices and dwindling revenue streams by the Gulf Cooperation Council (GCC) economies– Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE).
Key Findings:
Methane emissions are second only to carbon dioxide emissions as a driver of human-induced climate change.
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