Open AccessThe Prospects, Challenges, Gains and Opportunities – An Analysis of the Environmental Policies, Models and Strategies in the United Arab Emirates’ Oil and Gas Sector
Author(s) -
Ibrahim Mohamed Mahmoud Aboelkheir
Publication year - 2022
Publication title -
cognizance journal
Language(s) - English
Resource type - Journals
ISSN - 0976-7797
DOI - 10.47760/cognizance.2022.v02i04.003
Subject(s) - renewable energy , fossil fuel , energy sector , business , clean energy , medium term , natural resource economics , energy strategy , economics , energy policy , engineering , waste management , macroeconomics , electrical engineering
The UAE aims to increase the global competitiveness of the UAE by increasing the share of renewable, clean and alternative energy sources in its overall energy mix. In this study, a commentary on the prospects, challenges, gains & opportunities of the environmental policies, models & strategies in the United Arab Emirates' (UAE) Oil and gas sector are discussed in how they play an important role in meeting the UAE's energy needs. The findings of the paper were that in the short to medium term, the "energy transition" is unlikely to have a negative impact as energy demand continues to grow.