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.
Get insights on the latest news in US politics from Jon Lieber, head of Eurasia Group's coverage of political and policy developments in Washington:
Why is everyone so interested in Ted Cruz's vacation?
Well, the junior Senator from Texas took a little trip down to Cancun with his family this week, which normally wouldn't be that big of a deal, except it was in the middle of historic snowstorm that froze the entire state, left millions without water or electricity.
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Jon Lieber, Managing Director of the United States for the Eurasia Group, shares his insights on what to expect from President Biden's first 100 days:
It's Inauguration Day. And you can see behind me the Capitol Building with some of the security corridor set up that's preventing people like me from getting too close to the building, as Joe Biden gets sworn in as our 46th president. Historic day when you consider that you've got Kamala Harris, the first woman vice president, the first woman of color to be vice president.