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Reading: Oil rich Saudi Arabia ‘will be net-zero’ by 2060
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UAE News Room > News > UAE > Politics > Oil rich Saudi Arabia ‘will be net-zero’ by 2060
Politics

Oil rich Saudi Arabia ‘will be net-zero’ by 2060

UAE Newsroom
Last updated: 2023/11/27 at 8:29 AM
UAE Newsroom 2 years ago
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Crown Prince Mohammed bin Salman made the pledge on Saturday – not everyone is convinced.

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One of the world’s largest oil producers, Saudi Arabia, announced Saturday it aims to reach “net zero” greenhouse gas emissions by 2060, joining more than 100 countries in a global effort to try and curb man-made climate change.

The announcement, made by Crown Prince Mohammed bin Salman in brief scripted remarks at the start of the kingdom’s first-ever Saudi Green Initiative Forum, was timed to make a splash a little more than a week before the start of the global COP26 climate conference being held in Glasgow, Scotland.

Although the kingdom will aim to reduce its emissions, Prince Mohammed said the kingdom would do so through a so-called “Carbon Circular Economy” approach.

That approach focuses on still unreliable carbon capture and storage technologies over efforts to actually reduce global reliance on fossil fuels. 

The announcement only pertains to Saudi…



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