To tackle climate change while ensuring oil market stabilityRIYADH, Oct 23 - Saudi Arabia's crown prince said on Saturday that the world's top oil exporter aims to reach "net zero" emissions of greenhouse gases, mostly produced by burning fossil fuels, by 2060 - 10 years later than the United States.
Amin Nasser, chief executive of the state oil giant Saudi Aramco, said it was counterproductive to "demonise" hydrocarbons. He said Aramco aimed to expand its oil and gas production capacity while also achieving net zero emissions from its own operations by 2050.
Saudi Arabia's economy remains heavily reliant on oil, although the crown prince is trying to promote diversification. Another Gulf oil producer, the United Arab Emirates, this month announced a plan for net zero emissions by 2050.The non-profit Climate Action Tracker consortium gives Saudi Arabia its lowest possible ranking, "Critically insufficient".
Don’t take the bate! It’s all about $$$$$$!
Wow, earth is safe.
watch: A murderer
Saudi Arabia will be uninhabitable by 2060. It is a good thing they own so many American politicians, and a lot of farmland too.
Sounds like your basic lip service too me
A series of targeted emission reductions over a time series would be a more productive, consumable, and more measurable promise. No one can truly process a 60 year target.
And it will be top exporter of new and clean energy 👍👍
Very nice, but will we still be living on this planet in 2060?
2060 this is a joke
Seeing people like this and Kushner walking free confirms to your fur babies there is no God.
even if it might be a good thing, blood is still on his hands
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