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Energy kingdoms : oil and political survival in the Persian Gulf / Jim Krane.

By: Krane, Jim [author.]Series: Center on Global Energy Policy series: Publisher: New York ; Chichester, West Sussex : Columbia University Press, 2019Description: 206 pages : maps, chartsContent type: text | still image Media type: unmediated Carrier type: volumeISBN: 9780231179300Subject(s): Petroleum industry and trade -- Persian Gulf Region | Petroleum industry and trade -- Political aspects -- Persian Gulf Region | Energy consumption -- Persian Gulf Region | Energy policy -- Persian Gulf Region | Persian Gulf Region -- Politics and governmentDDC classification: 338.272809536
Contents:
Before oil -- The oil age arrives -- The big payback -- From energy poverty to energy extremism -- Unnaturally cool -- We have a serious problem -- Iran and Dubai lead the way -- Shifting gears in Saudi Arabia -- The politics of reform -- Conclusion: the climate hedge.
Summary: 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 remaining absolute monarchies? In Energy Kingdoms, Jim Krane takes readers inside the monarchies to consider the conundrum facing the Gulf states. He traces the history of their 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 the 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. -- Taken from dust jacket.
Holdings
Item type Current library Class number Status Date due Barcode
Book House of Lords Library - Palace Dewey 338.272809536 KRA (Browse shelf(Opens below)) Available 016758

Before oil -- The oil age arrives -- The big payback -- From energy poverty to energy extremism -- Unnaturally cool -- We have a serious problem -- Iran and Dubai lead the way -- Shifting gears in Saudi Arabia -- The politics of reform -- Conclusion: the climate hedge.

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 remaining absolute monarchies? In Energy Kingdoms, Jim Krane takes readers inside the monarchies to consider the conundrum facing the Gulf states. He traces the history of their 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 the 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. -- Taken from dust jacket.

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