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Energy Kingdoms - Oil and Political Survival in the Persian Gulf (Paperback)
Loot Price: R540
Discovery Miles 5 400
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Energy Kingdoms - Oil and Political Survival in the Persian Gulf (Paperback)
Series: Center on Global Energy Policy Series
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Loot Price R540
Discovery Miles 5 400
Expected to ship within 12 - 17 working days
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After the discovery of oil in the 1930s, the Gulf monarchies-Saudi
Arabia, Kuwait, Qatar, the United Arab Emirates, Oman, and
Bahrain-went from being among the world's poorest and most isolated
places to some of its most ostentatiously wealthy. To maintain
support, the ruling sheikhs provide their subjects with boundless
cheap energy, unwittingly leading to some of the highest
consumption rates on earth. Today, as summertime temperatures set
new records, the Gulf's rulers find themselves caught in a dilemma:
can they curb their profligacy without jeopardizing the survival of
some of the world's last absolute monarchies? In Energy Kingdoms,
Jim Krane takes readers inside these monarchies to consider their
conundrum. He traces the history of the Gulf states' energy use and
policies, looking in particular at how energy subsidies have
distorted demand. Oil exports are the lifeblood of their
political-economic systems-and the basis of their strategic
importance-but domestic consumption has begun eating into exports
while climate change threatens to render their desert region
uninhabitable. At risk are the sheikhdoms' way of life, their
relations with their Western protectors, and their political
stability in a chaotic region. Backed by rich fieldwork and deep
knowledge of the region, Krane expertly lays out the hard choices
that Gulf leaders face to keep their states viable.
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