OPEC in the post-coronavirus geopolitical scenario Cover Image

OPEK u postkorona geopolitičkom scenariju
OPEC in the post-coronavirus geopolitical scenario

Author(s): Tatjana Vujić Tubić
Subject(s): Environmental and Energy policy, Geopolitics
Published by: Институт за међународну политику и привреду
Keywords: OPEC; COVID-19; climate change; renewable energy; Africa

Summary/Abstract: The asymmetric global economic recovery from the aftermath of COVID-19 and the accompanying “vaccine apartheid” has opened space for OPEC’s new political role on the international stage, at a time when, according to UN Secretary-General Guterres, humanity has “crossed the red line” regarding climate change. In the text, we express our belief that OPEC's narrative that “energy must be accessible to all” takes a new negotiating position towards the advocates of a rapid transition to the exploitation of renewable energy sources, and gives space for joint business and eventual political arrangements with the poorer part of the world. The text highlights OPEC's arguments against disjunction: either oil or renewable energy, and points to Africa’s new energy attractiveness for this group of oil-producing countries.

  • Issue Year: 72/2021
  • Issue No: 1183
  • Page Range: 131-154
  • Page Count: 24
  • Language: Serbian
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