Gulf Arab producers will likely be the last oil exporters standing
Jason Bordoff · Could a ‘green upheaval’ embolden Russia? · Feb 15, 2022 · at 8:34
Jason Bordoff, founding director of Columbia's Center on Global Energy Policy, discusses which countries will dominate residual fossil fuel production in a net-zero future.
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“And I suspect the places it'll come from are the ones that can produce the oil most cheaply and most cleanly. And Gulf, Gulf Arab producers like Saudi Arabia, the United Arab Emirates they look pretty good on both of those accounts. They're very low cost, and they actually are pretty low in their carbon intensity. So that's one of the reasons, if you're wondering who the last man standing might be, so to speak it might be countries like that.”
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