Energy Outlook for the Middle East

There are several problems confronting the world with respect to its fossil fuels-based energy supply. The first problem relates to the ever-increasing use of fast-depleting conventional sources of energy, like petroleum, coal and natural gas. The contribution of fossil fuels in global energy supplies is above 80 percent. Energy demand will certainly increase manifolds during this century due to industrial and developmental activities as burgeoning world population. Global Trends in Energy Sector The concentration of greenhouse gases (GHGs) in the atmosphere is rising rapidly with use of fossil fuels leading to increasing emission of carbon dioxide which is having a … Continue reading

Carbon Market in the Middle East

The Middle East and North Africa region is highly susceptible to climate change, on account of its water scarcity, high dependence on climate-sensitive agriculture, concentration of population and economic activity in urban coastal zones, and the presence of conflict-affected areas. Moreover, the region is one of the biggest contributors to greenhouse gas emissions on account of its thriving oil and gas industry. The world’s dependence on Middle East energy resources has caused the region to have some of the largest carbon footprints per capita worldwide. Not surprisingly, the carbon emissions from UAE are approximately 55 tons per capita, which is … Continue reading

Energy Efficiency in MENA – A Tool to Reduce GHG Emissions

The Middle East and North Africa (MENA) is the largest oil-exporting region in the world. Around 85 percent of the greenhouse gas emissions come from energy production, electricity generation, industrial sector and domestic energy consumption. Qatar, Kuwait, UAE, Bahrain and Saudi Arabia figure among the world’s top-10 per capita carbon emitters. Without a change in energy policies and energy consumption behavior, MENA‘s energy-related GHG emissions will continue to grow. Presently, MENA countries are heavily dependent on fossil fuels to meet their energy requirement which is a major challenge in climate change mitigation efforts. However it also encourages local governments to … Continue reading

Trends in Environmental Sustainability

Environmental sustainability and carbon footprint occupies an increasingly important position on the corporate agenda around the world. The major ingredients of environmental sustainability are elimination of waste and emissions, maximizing energy efficiency and productivity and minimizing practices that may adversely affect utilization of natural resources by coming generations. More and more companies are realizing the importance of environmental initiatives in business development and brand promotion. Decrease in energy and raw material usage combined with reduced emissions and waste generation can tackle a host environmental challenges facing the world. Leading IT companies, like Microsoft, Adobe, Apple and Google, are investing in renewable sources of … Continue reading