Saudi Arabia's Huge Carbon Footprint
The Rise and Flop of Saudi Solar
Huge Potential Told in 2008
A description of big plans
First Solar PV project (a modest $300 million) not inked until Feb. 2108
In March 2018 an immense solar project is was touted, but note the
Washington Post article says "take it with a grain of salt"
And then the project was frozen Oct 2
Later reported said cancelled
"No one is working on the project" says the Wall Street Journal
After the Khashoggi murder became known businessmen even suspended cooperation with a Saudi "City fo the Future" which supposedly was going to be all solar powered.
To be clear it would be GREAT if the Saudi regime went solar and kept its oil IN THE GROUND. That's never been the plan. It intendeds to pump out all its oil AND go solar.
1. Aramco, the kingdom-owned fossil fuel colossus, is the singlecompany most responsible for CO2 increase in the air (since 1880). It caused some 3% of the rise in carbon dioxide all by itself.
2. Saudi Arabia has the largest proven oil reserves in the world, some 266 billion barrels. It intends to pump all of it out. Burning this Saudi oil would in itself use up a huge amount of the carbon dioxide "budget", (by one estimate 1/3 of the budget) that we have left before we go over the tipping points to uncontrolled warming.
3. Renewable energy use is presently just 1% in Saudi Arabia. A much touted renewable energy program there maybring that total up to 4%by 2020. To compare, the U.S. at the start of 2017 got 19% of its energy from renewables. It's huge solar promises has come a cropper (see below)
4. In 2015 the year of the Paris climate talks, the Saudis did all they could to block moving the goal of climate efforts to a vitally necessary 1.5 degree Celsius limit. The goal was not lowered. The played the same role (along with Russia and the U.S.) at COP in Poland in 2018.
5. Though the world has far more fossil fuel than it can safely use Aramco is still hunting for more. It’s investing in shale gas drilling and expects to double its methane gas production in a decade.
6. Prince Salman’s kingdom does all this even though scientists predict that within a few generations extreme heat waves in Saudi Arabia and the Persian Gulf will make work outdoors impossible!
7. Moody's revealed on 4/1/19 that the Saudi oil company Aramco had made a profit in 2018 of $111 billion dollars, far surpassing the world's second most profitable company in the word, Apple whose profit that year was $59 billion.