CARBON - Major players in the world of energy

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  • Major players in the world of energy
    • Consumers - Transport, industry, and domestic users. may passively fix energy prices.
    • Governments - they can decide where they source energy and are the deciders of their own national energy security.
    • Transnational Corporations (TNC's) - most are involved in exploring, extras ting, transporting, refining and producing petro-chemicals.
      • Gazprom, ExxonMobil, PetroChina and Royal Dutch Shell. (mostly state-owned and government-run).
    • Organisation of Petroleum Exporting Countries (OPEC) - twelve member countries of whom own around 2/3rds of the worlds oil reserves. OPEC therefore controls amounts of oil and gas entering global markets and therefore the prices.
      • Some may say that OPEC hold back on productions to drive up prices and profit for themselves.
      • Iran, Iraq, Kuwait, Saudi Arabia and Venezuela
    • Energy companies - these convert primary energy (oil, gas, water and nuclear) into electricity and distribute it. they set consumer prices and tariffs.

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