Saudi Arabia said that it would need help to develop solar power and financial aid to diversify, as it was "among the most vulnerable economies", dependent on oil exports whose use may be curbed under a climate deal.Oh for pities sake. Surely Saudi Arabia is in the position to set up Solar Power without recourse to this humongous tax. Indeed, given that the Kingdom isn't famous for its cloud cover one might have thought that they would have already started doing just that.
"Impacts are expected to be massive and deep," it said of countries dependent on fossil fuels, noting that oil makes up half Saudi Arabia's gross domestic product and 90 percent of its export earnings.
Saturday, February 19, 2011
Saudi begins to play the Climate Game
I suppose it had to happen but Saudi Arabia is making pitiful faces in the light of the the $100 billion UN Climate Fund,