Background

Organisation of Petroleum Exporting Countries (OPEC) has the world’s largest oil reserve with increasing resource discoveries. However, in recent years Climate Change has come on the forefront of global energy and environmental agenda and this has increased the need for the development of alternative sources of energy. The quest to mitigate the impact of climate change remains a major concern for oil producing states especially states that depend heavily on the revenues coming from their natural resource. As developed countries have the technological and economic capacity to diversify to renewable energy sources this is expected impact on the energy policies of OPEC member states.

Assignment Task

Using the PESTER analytical tool, critically analyse the impact of the Renewable energy policies of any developed economy on any OPEC member state’s energy policy.