This article is also featured in Energy Insights, which reflects a sample of ongoing research across the Center for Energy Studies’ diverse programmatic areas, all addressing the ever-evolving energy challenges across Texas, the U.S., and the globe. Read more from the inaugural edition.
Scene Setting
For the Middle East, the energy-climate dilemma is causing a shift in strategy. Oil-producing countries along the Persian Gulf are at the epicenter of the energy transition, but its slow pace suggests difficult times in coming decades rather than in the next year or two. Economic risks from softening oil demand loom largest, but others — including…

