Saudi Arabia Aims For Zero Carbon Emissions By 2060
NDTV
Crown Prince Mohammed bin Salman and his energy minister said OPEC member Saudi Arabia would tackle climate change while ensuring oil market stability, stressing the continued importance of hydrocarbons.
Saudi Arabia's crown prince said on Saturday that the world's top oil exporter aims to reach zero-net emissions by 2060 and more than double its annual target to reduce carbon emissions.
Crown Prince Mohammed bin Salman and his energy minister said OPEC member Saudi Arabia would tackle climate change while ensuring oil market stability, stressing the continued importance of hydrocarbons.
They were speaking at the Saudi Green Initiative (SGI), which comes ahead of COP26, the UN climate change conference in Glasgow at the end of the month, which hopes to agree deeper emissions cuts to tackle global warming.
China and India, the top emitters of greenhouse gases after the United States, have also resisted committing to a 2050 timeline to achieve net zero, a target that U.S. President Joe Biden's administration has adopted.