monarchies are potential sources

As well as being top oil and gas producers, the Gulf monarchies are potential sources of green energy for the EU and likely frontrunners in the global energy transition. Yet, as I set out in a paper for ECFR in 2021, the EU initially underwhelmed in its engagement with these states as part of the European Green Deal. GCC capitals, in turn, were broadly hostile to a policy that they viewed as revolving around carbon taxation and threatening their economic survival, by focusing on a rapid phase-out of fossil fuels. สล็อต