Climate Agreements’ Implementation Through Energy Transition and Economic Diversification in Kuwait

Author(s):  
Nathalie Hilmi ◽  
Shekoofeh Farahmand ◽  
Manal Shehabi

Significance This brings in different perspectives on issues such as economic diversification, social liberalism, Israel and the role of the Gulf Cooperation Council (GCC). Impacts Longstanding fears of family splits over the succession could persist in Kuwait and potentially Saudi Arabia. The GCC will become even less significant, lacking any economic, infrastructural or security role. Large-scale ‘giga-projects’ raise concerns that vanity is outweighing viability. The prospect of receding support from GCC countries could undermine entrenched elites in both the West Bank and Beirut. The upcoming ‘energy transition’ will face the current line-up of rulers with a unprecedented economic crisis in the coming years.


2021 ◽  
Vol 17 (12) ◽  
pp. 2317-2341
Author(s):  
Yana S. MATKOVSKAYA

Subject. The article investigates the problems related to the implementation of Russia's obligations under the Paris Agreement. Objectives. The aim is to examine the possibilities of implementing Russia's obligations under the Paris Agreement, analyze institutional, legal, international, political and methodological aspects of fulfilling these obligations, identify problems and prospects for realizing the interests of Russian exporters in international markets, and opportunities for the development of economic and innovative potential, including the analysis of implementing the national climate doctrines in the field of greenhouse gas emissions reduction. Methods. The study employs methods of institutional, comparative, graphical, and statistical analysis, and methods of systematization and classification. Results. I established the degree of development of the institutional and legal framework for implementing climate agreements, characterized their international and political aspects, classified methodological problems of decision-making and performance of decarbonization programs, proved the need to renew production assets, and demonstrated the nature of implementation of national climate doctrines stimulating the development of innovations. Conclusions. The process of building the institutional and legal framework for regulating climate relations is not completed yet. A number of methodological problems hinder the achievement of fairness and objectivity of economic and political decision-making at the global and regional levels. The paper establishes a critical level of ageing the production capacities of Russian enterprises, and offers conditions and promising directions of the Russian economy development during energy transition.


Energies ◽  
2021 ◽  
Vol 14 (2) ◽  
pp. 411
Author(s):  
Pavel Tcvetkov

Global warming is an existential threat to humanity and the rapid energy transition, which is required, will be the defining social, political and technical challenge of the 21st century. Practical experience and research results of recent years have showed that our actions to cover the gap between real situation and aims of climate agreements are not enough and that improvements in climate policy are needed, primarily in the energy sector. It is becoming increasingly clear that hydrocarbon resources, which production volume is increasing annually, will remain a significant part of the global fuel balance in the foreseeable future. Taking this into account, the main problem of the current climate policy is a limited portfolio of technologies, focused on replacement of hydrocarbon resources with renewable energy, without proper attention to an alternative ways of decreasing carbon intensity, such as carbon sequestration options. This study shows the need to review the existing climate policy portfolios through reorientation to CO2 utilization and disposal technologies and in terms of forming an appropriate appreciation for the role of hydrocarbon industries as the basis for the development of CO2-based production chains. In this paper we argue that: (1) focusing climate investments on a limited portfolio of energy technologies may become a trap that keeps us from achieving global emissions goals; (2) accounting for greenhouse gas (GHG) emissions losses, without taking into account the potential social effects of utilization, is a barrier to diversifying climate strategies; (3) with regard to hydrocarbon industries, a transition from destructive to creative measures aimed at implementing environmental projects is needed; (4) there are no cheap climate solutions, but the present cost of reducing CO2 emissions exceeds any estimate of the social cost of carbon.


Significance The zero-carbon fuel, promoted as a way to assist a global energy transition away from oil and gas, is the focus of major planned projects in Oman and Saudi Arabia. Meanwhile, the region’s oil and gas exporters are also looking to maximise the value of their fossil fuel resources before the transition is complete. Impacts GCC oil and gas exporters will become increasingly aggressive in their efforts to knock high-cost operators out of the market. Economic diversification will gather pace, and Gulf states will seek to become hubs for new forms of energy, in particular green hydrogen. The Gulf faces a high risk of economic, political and social turbulence during the transition.


2012 ◽  
pp. 53-58
Author(s):  
S. Afontsev ◽  
N. Zubarevich

The questions of spatial development as a modernization driver (the Kazakhstan case) are considered in this article. The analysis of the regional economic differences makes possible to work out the development guidelines, based on the advantages combination of the basic goods specialization and the policy of transferring growth impulses from the raw materials sector to the industry and service ones. Current challenges and opportunities, which face the Kazakhstan economy, the questions of economic diversification drive up the importance of the connection between spatial development and the cluster priorities. The analytical scheme of macro-regions and diversification through the dynamic focal networks can settle up these challenges.


Author(s):  
José Ángel Gimeno ◽  
Eva Llera Sastresa ◽  
Sabina Scarpellini

Currently, self-consumption and distributed energy facilities are considered as viable and sustainable solutions in the energy transition scenario within the European Union. In a low carbon society, the exploitation of renewables for self-consumption is closely tied to the energy market at the territorial level, in search of a compromise between competitiveness and the sustainable exploitation of resources. Investments in these facilities are highly sensitive to the existence of favourable conditions at the territorial level, and the energy policies adopted in the European Union have contributed positively to the distributed renewables development and the reduction of their costs in the last decade. However, the number of the installed facilities is uneven in the European Countries and those factors that are more determinant for the investments in self-consumption are still under investigation. In this scenario, this paper presents the main results obtained through the analysis of the determinants in self-consumption investments from a case study in Spain, where the penetration of this type of facilities is being less relevant than in other countries. As a novelty of this study, the main influential drivers and barriers in self-consumption are classified and analysed from the installers' perspective. On the basis of the information obtained from the installers involved in the installation of these facilities, incentives and barriers are analysed within the existing legal framework and the potential specific lines of the promotion for the effective deployment of self-consumption in an energy transition scenario.


2020 ◽  
Vol 1 (2) ◽  
pp. 169-173
Author(s):  
Andrzej Lorkowski ◽  
Robert Jeszke

The whole world is currently struggling with one of the most disastrous pandemics to hit in modern times – Covid-19. Individual national governments, the WHO and worldwide media organisations are appealing for humanity to universally stay at home, to limit contact and to stay safe in the ongoing fight against this unseen threat. Economists are concerned about the devastating effect this will have on the markets and possible outcomes. One of the countries suffering from potential destruction of this situation is Poland. In this article we will explain how difficult internal energy transformation is, considering the long-term crisis associated with the extraction and usage of coal, the European Green Deal and current discussion on increasing the EU 2030 climate ambitions. In the face of an ongoing pandemic, the situation becomes even more challenging with each passing day.


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