Friday, 14 September 2012

OPEC Nations Look to Solar Power - WSJ.com

Middle Eastern members of OPEC are finally diversifying their energy base, pouring hundreds of billions of dollars into harnessing that other resource they feature in vast quantities: sunshine.
But it isn't what you think. The Saudis, Abu Dhabi and Iran aren't racing to burnish their green credentials by reducing their carbon footprints. They are investing in solar-power production mainly for one reason: to help them export even more oil and gas.

1 comment:

  1. I read somewhere that by 2030 Saudia Arabia may actually be consuming more then they produce, and hence would not be able to export any. Hope they are developing solar or the world is screwed!

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