• Focus Area Climate Change Policies and Governance Climate Change Policies and Governance
  • Type Discussion paper
  • Date 21 March 2023
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Abstract

Climate policies are tightening in an effort to curb carbon dioxide emissions. As a result, global oil demand may peak and gradually decline, causing oil prices to fall. A structural fall in oil prices may have serious implications for Middle Eastern oil exporters. Many studies attempt to estimate the economic implications of climate change response measures for oil exporting countries. However, they have not reached a consensus regarding the magnitude of these implications.

Authors

Salaheddine Soummane

Salaheddine Soummane

Senior Associate Salaheddine was a senior associate in Consulting. His current work scopes include energy market restructuring, modeling, and regulation. Before joining…

Salaheddine was a senior associate in Consulting. His current work scopes include energy market restructuring, modeling, and regulation.

Before joining KAPSARC, Salaheddine worked as a research associate at the Centre for International Research on Environment and Development (CIRED), a National Centre for Scientific Research lab in Paris, as part of the integrated economy–energy modeling team. He also worked as an economist in the energy markets and environmental regulation unit of the utility group Électricité de France (Paris).

Salaheddine holds a Ph.D. in Economics from Paris-Saclay University (France). His doctoral dissertation assessed potential economic and energy transition pathways for Saudi Arabia. He also holds an M.Sc. in Energy Economics and Law from the University of Montpellier (France), and an M.Sc. in Finance from the Aix-Marseille School of Economics (France).

Aisha Al-Sarihi

Aisha Al-Sarihi

Former Research Associate Aisha’s research interests focus on the environment, energy policy and climate economics and policies. She obtained her Ph.D. at Imperial…

Aisha’s research interests focus on the environment, energy policy and climate economics and policies. She obtained her Ph.D. at Imperial College's Centre for Environmental Policy. Her thesis focused on policies and challenges for renewable energy adoption in oil-producing countries. Following her Ph.D., Aisha pursued her postdoctoral research at the London School of Economics and Political Science's Middle East Centre, working on assessing the economic implications of climate change in the GCC. She also joined the Arab Gulf States Institute in Washington, studying the challenges and opportunities for aligning climate policies with economic diversification strategies in Saudi Arabia, Oman and the UAE. Before joining KAPSARC, Aisha worked at Georgetown University's Center for Contemporary Arab Studies as a visiting scholar.

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