Box 8: Imperative areas for cooperative action
Figure 30 shows a set of imperatives for a
low-carbon, energy-secure transition that
responds to the main trends reshaping the
global energy system and driving the
energy transition. We also highlight
examples of specific actions the international community could pursue to help
deliver on these imperatives.
Fig. 27 IOC natural gas
production and as a share of
total production
Fig. 28 GCC government
revenue and expenditure (per
cent of non-oil GDP,
weighted average)
Fig. 29 Estimates for global
fossil fuel consumption
subsidies and subsidies for
renewables
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W. Jigang and P. Webb