This shift away from tough climate policies will shape global politics for the next decade or more. Countries with ample fossil fuels like Saudi Arabia, the United Arab Emirates, Norway, and Qatar will become richer and more influential. Other, more troubled oil producers, like Russia, Iran and Venezuela are able to survive, in the face of awful governance, only because they still have their share of “black gold.” The developing world, notably Africa and India, will either develop their own resources, or import huge quantities.