The neoliberal oil and energy order against OPEC now creates concrete obstacles to confronting and adapting to climate change on anything approaching just terms or basically necessary terms. We're kind of engaged in a new world in which possibly even the consumption of oil globally has peak to 100 million barrels a day it's not clear that it will move upwards. This change from my point of view changes the rules of the game because we had a game where the idea was more or less there will be a global increase in extraction of these carbon resources. Now the game is a game about reducing production of fossil fuels the problem being CO2 emissions so this is a very different game to which oil exporting countries I don't think they're
Featuring Giuliano Garavini on his book The Rise and Fall of OPEC in the Twentieth Century. The second in a two-part series on the 20th-century history of petrostates, petrocapitalists, and the world system.
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