Saudi Arabia commits to net zero emissions by 2060

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Crown Prince Mohammed Bin SalmanIMAGE SOURCE,REUTERS
Image caption,Crown Prince Mohammed Bin Salman made the announcement in Riyadh

(BBC News)- The world’s biggest oil exporter, Saudi Arabia, has pledged to cut its carbon emissions to net zero by 2060.

Net zero means not adding to the amount of greenhouse gases in the atmosphere.

  • Crown Prince Mohammed bin Salman said the Gulf state would invest more than $180bn (£130bn) to reach the goal.
  • But he said the kingdom would continue to produce oil for decades to come.
  • The country also would cut its emissions of methane by 30% by 2030.

Saudi Arabia now joins more than 100 countries that have committed to reaching net-zero emissions.

While China and Russia have plans to reach net zero by 2060, other countries — including the US, the UK and Saudi Arabia’s neighbour the United Arab Emirates, another major oil producer, aim to achieve the goal 10 years earlier.

The plans would rely on «the availability of the required technologies to manage and reduce emissions», the prince said.

Energy Minister Abdulaziz bin Salman said the country would use carbon capture — technology that extracts CO2 from the air — to help it meet the goal.

Earlier this year, Saudi Arabia said it would reduce carbon emissions by shifting to renewable energy and planting billions of trees.

Source: BBC News

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Last Updated on 24.10.2021 by iskova