Green Car Congress

APRIL 10, 2015

Cheap oil has created a huge financial crisis for Venezuela as its economy is heavily dependent on oil exports and oil revenues constitute about 95% of its total foreign exchange earnings. Containing some of the largest proven oil and gas reserves in the world, Venezuela is one of the founding members of OPEC.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

MAY 6, 2019

Nigeria or Algeria cannot do the same for their oil industry. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas. Saudi Arabia and Kuwait might, and should be encouraged to do so. —Goldthau et al. Geopolitical friction is low.

Carbon 207

Carbon Europe Climate Change Saudi Arabia 207

Cars That Think

FEBRUARY 4, 2022

If it were legal to deliver rescued migrants to Libya, it would be as cheap as sending rescue boats a few extra kilometers south instead of east. Mali was a conflict zone, so he moved on to Algeria, but he lacked a work permit, and employers would underpay him or fail to pay him altogether.

Europe 145

Europe Libya Spain Legal 145