1st Edition
OPEC’s Dilemma and the Future of Oil Navigating the Path to Net Zero
By Weshah Razzak
Copyright 2025
172 Pages
99 B/W Illustrations
by
Routledge
172 Pages
99 B/W Illustrations
by
Routledge
172 Pages
99 B/W Illustrations
by
Routledge
Also available as eBook on:
The UN’s Net Zero goal is to limit the rise in mean global temperatures to 1.5°C by 2050. They suggested that it could be achieved by reducing global emissions by 45 percent by 2030 and then to zero by 2050. This book is a new stress test in applied econometric analysis of oil-producing countries. It includes a positive economic analysis using a sample of 11 OPEC (Organization of Petroleum... Read more
Chapter 1. The Dilemma, the Stylized Facts, and the Objectives
Chapter 2. The Stress Test Strategy
Chapter 3. The Time Series Properties of OPEC Data
Chapter 4. Estimating Baseline Permanent Income for OPEC
Chapter 5. Counterfactual Design and Empirical Stress Tests
Chapter 6. OPEC’s Options are Limited and Challenging
Biography
Weshah Razzak is Honorary Research Fellow at the School of Economics and Finance, Massey University, Palmerston North, New Zealand.
