2. Climate and Energy Policies
Current
*Almost entirely reliant on
domestic oil for energy,
development
*Price for energy remains low even
as electricity usage has risen over
the last decade.
*75-80% of domestic revenue from
oil exports, 20-25% of world’s
known crude oil reserves
2005: ratify KY, recognize man-
made climate change
Proposed
Saudi Arabia vowed this year to
spend $110 billion to move forward
towards 33% renewable energy by
the year 2032
Desert makes solar energy a major
possibility. SA vows to become a
leading solar energy exporter in
future decades.
4. Role in the UN Conferences
Notoriously obstructionist and
uncooperative, has challenged
science in the past
No binding targets as a non-Annex I
nation
SA is considered to be a developing
country
Key negotiator-Mohammad al
Sabban (see picture)
5. Conference Demands
Compensation from Annex I nations
for mitigation and adaptation to a
warmer world
Anticipates continued usage of fossil
fuels, desire to maximize profit from
domestic oil reserves
At times have demanded
recuperation for potential/perceived
losses due to countries using more
renewable energy
Has suggested credits for instating
carbon capture program in depleted
Saudi oil wells
7. Personal Assessment
Is complete oil extraction
compatible with measures to
combat climate change?
Oil prices are artificial; this is
about maximizing profits, not
about development
Saudi Arabia is a “developing”
country?? GDP high, abundant fossil
fuels, but this is what happens in a
corrupt oligarchy
What will Saudi Arabia do when the
oil runs out???????