“It is the lowest-cost producers — such as Kuwait, Saudi Arabia, and the United Arab Emirates — that will be able to keep selling their oil the longest….What’s more, stronger climate policies should focus not just on the greenhouse gases emitted by burning a fuel, but the carbon intensity of the entire production cycle. Most Gulf Arab states are very efficient producers.”
-Jason Bordoff, director of the Centre on Global Energy Policy at Columbia University and a former White House energy policy adviser, arguing in a new post that “everything you think about the geopolitics of climate change is wrong.” [columbia.edu]
