The vast oil resources in Saudi Arabia have for decades encouraged a generous system of oil subsidies, making the Kingdom one of the leading countries in the world with the cheapest domestic price of oil. Such subsidies have, however, encouraged inefficient utilization of oil, which is largely consumed in the power, water and transportation sectors, contributing substantially to CO2 emission in the country. These problems are exacerbated by demographic dynamics, urbanization, changes in income and consumption patterns, and industrialization. On current trends of domestic consumption patterns, Saudi Arabia will consume the whole of the oil it will produce by 2030, which will reflect negatively on the financial capacity of the government to execute its development programs. It is this revenue constraining concern, rather than ecological challenges, that has started to attract policy attention in Saudi Arabia. This book gives a unique perspective on these challenges by looking at them as investment opportunities, not financial constraints on the government budget. It sets out to examine the nature and extent of the energy and environmental challenges facing Saudi Arabia, and to explore various options for turning these challenges into profitable investment opportunities that could create jobs, boost income, develop capability in clean energy technology and promote environmental sustainability.

A comprehensive overview of Saudi Arabia‘s environment, this volume is a unique and authoritative text on the geological and environmental aspects of Saudi Arabia, a country about which little is known by the outside world. Saudi Arabia is a fascinating country with a long tradition of environmental awareness and sensitivity, pitted again

Since the first industrial revolution, rising carbon emissions have caused harmful effects on our environment. There is a broad consensus that climate change is happening and that it is as a result of anthropogenic carbon emissions, primarily from burning fossil fuels. This raises concern for the future of our carbon-based world energy and world economy, particularly with economies heavily dependent on oil, such as Saudi Arabia. This book/dissertation aims to answer the question: How could Saudi Arabia, given its oil-based economy and vast oil reserves, respond to the challenges of climate change and the world's transitioning towards environmental sustainability, and away from fossil fuels. A Saudi sustainable carbon management 'system of innovation' (SSCMSI) was proposed. Given Saudi Arabia's heavy dependence on oil, which characterised its 'national system of innovation' (NSI) fabric, constructing an NSI around its energy sector was important. The proposed SSCMSI role includes: accelerating innovation in the energy sector, encouraging energy efficiency, accelerating the use of renewable energy, improving market conditions, supporting technology transfer from advanced economies, utilising international cooperation and mobilizing private sector investment in energy.

This is a comprehensive yet accessible text that exposes students to the interaction between society and the environment. Each chapter opens with a stimulating case example or scenario that helps students grasp this interaction, while a "Focus on the U.S." feature helps students relate global environmental issues to everyday life in the United States. Students learn how to use social theories to better understand environmental issues, both at home and internationally.

The book addresses the vital and interwoven areas of energy, environment, and the economy within the field of sustainability research. Fundamental technical details, empirical data, and case studies taking into account local and international perspectives are included. Issues such as energy security, depleting fossil fuel reserves, global warming and climate change, as well as novel energy technologies are covered. The dynamic global response will be discussed from the perspective of policy, technology, and economics. Vital details in the form of text boxes, illustrations, graphs, tables and appendices are included. The book will serve as reference book for upper-level undergraduate and graduate students, researchers, academics, policy makers, NGOs and developmental sector professionals within the field.

This volume analyzes the impacts of the COVID-19 pandemic on energy transition and climate change from an economic perspective. Since its emergence in early 2020, the COVID-19 pandemic has had a powerful effect on multiple facets of the global economy. The unknown scope and duration of the pandemic and its associated economic shocks have made energy security and the process of clean energy transition highly unpredictable. To combat this, this edited volume presents a wide range of theoretical and empirical research at the nexus of the COVID-19 pandemic and energy, resource, and environmental economics. Chapters focus on four major themes: the impact of crises on energy security, the role of resilient energy systems in society, the challenges of clean energy transition, and economic impacts of COVID-19 on climate change. Providing rigorous analysis of an evolving situation that will continue to impact the global energy market, this volume will be of interest to researchers and students of energy economics, environmental economics, and resource economics as well as policy professionals involved in climate change and energy transition.

This open access book questions the stereotype depicting all Gulf (GCC) economies as not sustainable, and starts a critical discussion of what these economies and polities should do to guarantee themselves a relatively stable future. Volatile international oil markets and the acceleration of the energy transition has challenged the notion that oil revenues are sufficient to sustain oil economies in the near to medium term. But what is the meaning of economic sustainability? The book discusses the multiple dimensions of the concept: economic diversification, continuing value of resources, taxation and fiscal development, labor market sustainability, sustainable income distribution, environmental sustainability, political order (democracy or authoritarianism) and sustainability, regional integration. The overarching message in this book is that we should move on from the simplistic branding of the Gulf economies as unsustainable and tackle the details of which adaptations they might need to undertake.