Environment & Climate Change

A new study by Belfer Center Geopolitics of Energy researcher Leonardo Maugeri finds that oil production capacity is surging in the United States and several other countries at such a fast pace that global oil output capacity is likely to grow by nearly 20 percent by 2020.  This could prompt a plunge or even a collapse in oil prices.  The findings by Maugeri, a former oil industry executive who is now a fellow at Harvard Kennedy School’s Belfer Center, are based on an original field-by-field analysis of the world’s major oil formations and exploration projects.

Industrial and urban water reuse should be considered along with desalination as options for water supply in Saudi Arabia. Although the Saudi Ministry for Water and Electricity (MoWE) has estimated that an investment of $53 billion will be required for water desalination projects over the next 15 years [1], the evolving necessity to conserve fossil resources and mitigate GHG emissions requires Saudi policy makers to weigh in much more heavily the energy and environmental costs of desalination. Increasing water tariffs for groundwater and desalinated water to more adequately represent the costs of water supply could encourage conservation, but also reuse, which may be more appropriate for many inland and high-altitude cities.

Through its partnerships with the government, the agricultural sector in the MENA has long engaged in dubious accounting practices to raise its reported profits through artificially suppressing its costs. This has led to the current unsustainable exploitation of the scarce water resources in the region.