The prevailing perception is that the transition to renewable energy will lead to a decrease in demand for hydrocarbons and petrochemicals. The present work empirically demonstrates that this common sense may be more imaginary than real: it finds evidence that the renewable energy development may have a positive impact on hydrocarbons through its growing demand for petrochemicals.
Evaluating Hypothetical Carbon Pricing for Saudi Arabia Using a Macroeconometric Modeling Framework
The prevailing perception is that the transition to renewable energy will lead to a decrease…
16th April 2025
The Role of the Petrochemical Sector’s Exports in the Diversification of the Saudi Economy. A Scenario Analysis of the Foreign and Domestic Price Shocks
The prevailing perception is that the transition to renewable energy will lead to a decrease…
4th February 2025
