The Graphic Truth: Petrostates' grim low-carbon future

February 24, 2021

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The Graphic Truth: Petrostates' grim low-carbon future

Gabriella Turrisi

Reducing carbon emissions is good for the planet and good for your lungs, but there's one group of countries that might not be so keen on green: those that rely heavily on oil and gas exports to run their economies. As the rest of the world gets closer to "Net Zero" in the coming decades, these petrostates will be in big trouble unless they diversify their economies — fast. So, how vulnerable are the world's top oil and gas producers to a low-carbon future? We look at how the treasuries of the 20 most hydrocarbon-dependent nations will fare over the next two decades under what the Carbon Tracker Initiative refers to as a scenario in which global demand for oil and gas will be much lower than today.

Hard Numbers: Bolivia’s left-wing streak ends, small boats continue sailing to the UK, Canadians strike, Africa wants to put its real size on the map

People celebrate after early official results show Bolivian presidential candidate Jorge "Tuto" Quiroga of the conservative Alianza Libre coalition in second place, and as the ruling party Movement for Socialism (MAS) was on track to suffer its worst electoral defeat in a generation, in Santa Cruz, Bolivia, August 17, 2025.

REUTERS/Ipa Ibanez

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The Graphic Truth: Petrostates' grim low-carbon future

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Pakistan and China have deep strategic and economic ties that go back decades. On GZERO World with Ian Bremmer, Former Pakistani Foreign Minister Hina Khar explains why Pakistan sees China as a “force of stability” in Southeast Asia.

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