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October 08, 2009

Saudi Arabia: Hey, If the World Really Does Reduce Its Dependency on Oil, We Demand Foreign Aid

We'll get right on that. Agenda Item Number One.

There are plenty of needy countries at the U.N. climate talks in Bangkok that make the case they need financial assistance to adapt to the impacts of global warming. Then there are the Saudis.

Saudi Arabia has led a quiet campaign during these and other negotiations demanding behind closed doors that oil-producing nations get special financial assistance if a new climate pact calls for substantial reductions in the use of fossil fuels.

...

We are among the economically vulnerable countries, Al Sabban told The Associated Press...

Saudi Arabia is projected to make $23 trillion more in oil over the next few years than they've made in recent yars, even with this climate-pact nonsense. They call these projections "biased."


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posted by Ace at 02:31 PM

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