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Energy Kingdoms - Oil and Political Survival in the Persian Gulf (Hardcover)
Loot Price: R704
Discovery Miles 7 040
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Energy Kingdoms - Oil and Political Survival in the Persian Gulf (Hardcover)
Series: Center on Global Energy Policy Series
Expected to ship within 12 - 17 working days
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Donate to Against Period Poverty
Total price: R724
Discovery Miles: 7 240
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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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