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Petro-States Face Extinction

October 26, 2018

Petro-States Face Extinction Petro-states urgently need to begin diversifying their economies, shifting away from oil production, or else they face financial risks in the years ahead. That conclusion comes from the IEA’s new report, “Outlook for Producer Economies,” which warns that a changing energy system threatens the economies of oil-producing countries. The threat comes in […]

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Another petro-state throws in the towel – the last nail in the petrodollar coffin

October 10, 2015

Another petro-state throws in the towel – the last nail in the petrodollar coffin Source: Norwegian Ministry of Finance, Bawerk.net According to the proposed budget submitted by the current ‘blue-blue’ government the Norwegian deficit will reach another record high in 2016. Mainland taxes are expected to bring in 1,008 billion NOKs, while expenditures are estimated […]

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Letter from a petro-state | openDemocracy

December 4, 2014

Letter from a petro-state | openDemocracy. Over a year ago, a colleague at the University of Waterloo, Thomas Homer-Dixon, penned a compelling opinion piece for the New York Times in which he addressed, from a Canadian perspective, the debate surrounding the future of the planned Keystone XL Pipeline. If built, this pipeline would transport unprocessed, environmentally toxic Alberta tar […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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