After many years spent pressing the brake on climate negotiations, the major oil producers in the Gulf appear to have changed their strategy, accepting climate change as a serious threat which needs to be addressed. This has led to the formulation of what seems to be a complex strategy, which can be summarized in a set of five principles:
This article explains these five guiding priorities in turn and discusses the geopolitical implications of the resulting change for the global posture of major ME producers. As always, a caveat is necessary: not all major Middle East oil producers are the same. The new…
