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Center for Energy Studies



The Bottom of the Barrel: Saudi Aramco and Global Climate Action

Jim Krane

The Bottom of the Barrel: Saudi Aramco and Global Climate Action.

Jim Krane, the Wallace S. Wilson Fellow for Energy Studies, argues that Saudi Aramco’s quest to remain the “last man standing” in global oil depends not just on its substantial cost advantages. Declining social acceptance of fossil fuel combustion suggests that Aramco’s pursuit of carbon competitiveness will assume growing importance.