Subsidies Limit Gulf Progress On Energy Efficiency
Gulf countries are slowly implementing policies to curb runaway energy demand, but much remains to be done. Energy subsidies remain largely untouched.
Mideast Gulf countries have some of the world’s highest energy consumption figures, both in per capita terms and per unit of GDP (‘energy intensity’). The International Energy Agency (IEA), in its 2014 World Energy Outlook (WEO) released last week, says Middle...