Call for Arab states to re-evaluate relationship with oil and end energy subsidies | The National:
"Arab states have been urged to re-evaluate their relationship with oil, phase out energy subsidies and invest heavily in renewable energy.
Revenue from oil and gas will continue to be crucial but governments should use the funds to develop renewable resources and focus on energy efficiency.
Energy subsidies should be phased out, private investment encouraged and national energy strategies established, the Arab Forum for Environment and Development says in a new report.
“Oil and gas are important, they will continue to be important,” said Najib Saab, the forum’s secretary general. “We call for more careful use of oil and gas and for more serious development of renewable energy.”"
'via Blog this'
No comments:
Post a Comment