Understanding OPEC’s Dilemma in the Race to Net Zero

Understanding OPEC’s Dilemma in the Race to Net Zero

OPEC’s Dilemma and the Future of Oil by Weshah Razzak offers a unique perspective on the challenges faced by OPEC nations as they navigate the UN's Net Zero targets. Through rigorous econometric analysis, Razzak explores the potential outcomes of reducing oil production by more than 45 percent by 2030, and how such measures might impact the economies of 11 OPEC countries. The book delves into the balance between economic stability and environmental commitments, presenting counterfactual scenarios and empirical stress tests. It serves as a critical resource for policymakers, scholars, and anyone interested in understanding the complexities of global oil markets and climate goals.

Related Subjects: 

Sustainable Development, Macroeconomics, Econometrics, Economic Forecasting, Environmental Economics, Environment & Economics, Global Development, Economics, Finance and Accounting Economics, Finance, Business & Industry Environment and Sustainability

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