DI Fellow Justin Dargin, explores carbon finance in the Gulf in this recent article in Italy's Nuova Energia (New Energy) News Magazine. For the full text, click here.

In Chapter 5 of Rebuilding Sustainable Communities in Iraq: Policies, Programs and International Perspectives, DI Fellow Justin Dargin argues that "without a viable legal framework, Iraq will find it difficult to attract the investment capital necessary for sustainable nationwide development and petroleum production."

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DI Fellow Justin Dargin addresses the gas shortage in the Gulf in this op-ed.

Qatar was the force behind the creation of the Dolphin Project, a much reduced form of the pan-GCC pipeline, envisioned at the November 1989 Gulf Cooperation Council (GCC) summit meeting as the most ambitious domestic Middle Eastern gas project ever undertaken. As originally conceived, a transnational pipeline was to weld the national gas grids of Saudi Arabia, Kuwait, Bahrain, and the UAE into a single integrated bloc. Qatar‘s enormous North Field, the largest associated natural gas field in the world, became the centrepiece of this vision.

Dubai Initiative Fellow Justin Dargin quoted in The Economist Intelligence Unit report concerning GCC energy policy.

This policy brief explains the origins of the UAE energy crisis, forecasts developments for 2010-2020, and posits recommendations for overall sector rationalization. If Emirati authorities take a proactive stance and address the structural elements of the natural gas shortage, the more extreme elements of the crisis would be mitigated without lasting damage to Emirati economic growth. As the UAE has prodigious natural gas reserves, slight modification of the natural gas pricing and the power sector tariff structures would be able to resolve the most serious issues facing the UAE in its drive towards industrialization and diversification.