Saudi Arabia aiming to eliminate emissions by 2060s, crown prince says

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Saudi Arabia is aiming to reduce its carbon emissions to zero by the end of the 2060s, the country’s Crown Prince Mohammad bin Salman has told an international summit in Paris.

The oil-rich kingdom is leading efforts to reduce greenhouse gas emissions from the oil sector, promising to phase out its reliance on non-renewable power sources by 2030.

However, energy production accounts for nearly three-quarters of Saudi Arabia’s total greenhouse gas emissions, and the country has yet to halt its output.

In an interview with ABC aired in the US on Monday, MBS said the kingdom would transition completely away from fossil fuels over the next four decades.

“This is Saudi Arabia’s absolute, zero level goal, zero,” he said. “That’s our goal, and once we accomplish that goal, that will be enough. That will be the definitive line of demarcation.”

MBS also spoke about a “wide range of possible policies to develop Saudi Arabia into a world leader in carbon efficiency”.

The crown prince has been the most high-profile advocate of continuing the Saudi gas boom, promising to retain supplies by investing in the development of the kingdom’s massive Khurais gas field.

The chairman of the firm, which has a 12% stake in the state-run company controlling Khurais, said last week the field could be liquefied and made available to other countries.

Last month, a US-led coalition including the US, UK, France and the UAE said they had received a license to start building what could be the world’s largest export pipeline from Yemen.

The 3,000km (1,860-mile) pipeline would move gas from neighbouring Oman to the coast of Yemen, eliminating the need for diversions.

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