Net Zero Emissions in Saudi Arabia by 2060: Least-Cost Pathways, Influence of International Oil Price, and Economic Consequences

This paper presents possible net zero emissions (NZE) trajectories for Saudi Arabia at horizon 2060 and analyzes their possible economic consequences. We use an in-house hybrid forward-looking general equilibrium model of the Saudi economy. We construct a baseline scenario where the Saudi energy sector continues its current trends and where the domestic energy prices, which are administered by the government, remain at their 2019 level.

Olivier Durand-Lasserve

Fellow Olivier is a research fellow in the Energy Systems and Macroeconomics program. Previously, he was an economist at the Organisation… Olivier is a research fellow in the Energy Systems and Macroeconomics program. Previously, he was an economist at the Organisation for Economic Co-operation and Development (OECD) and at the International Energy Agency (IEA) in Paris where his activities covered macroeconomic policy analysis and applied general equilibrium modeling. He contributed to various modeling studies on the assessment of the macroeconomic, environmental and distributional consequences of energy and environmental policies. He also worked on the land-water-energy nexus and on the economic consequences of air pollution. Before he joined the OECD, Olivier worked at ENGIE, in Paris, where he developed an in-house modeling framework for quantifying global long-term energy-economy scenarios. While completing his Ph.D., he was a research assistant at the Center for Operations Research and Econometrics (CORE) in Louvain-la-Neuve, Belgium.

Expertise

Macroeconomic consquences of energy policies

Publications See all Olivier Durand-Lasserve’s publications