Saudi Energy Minister Won’t Agree to Fossil Fuel Phase Down | Prince Abdulaziz says absolutely not to addition in COP28 text

4 comments

1. One can’t expect a person to rule against what is benefitting his own employment. I never heard of a ministry of No Fossil Fuels. I guess we can make him a Chief Sustainability Officer, but then he will have to take a huge pay cut.

2. This is *exactly* the reason that a carbon tax in Western nations is necessary. It provides the international trade mechanism for imposing carbon tariffs of other countries, such as Saudi Arabia and (many) others.

   Of course, the oil industry knows this, which is why it pulls out all the stops to get the populations of Western nations to avoid carbon taxes for any and all reasons. The oil industry in your nation likely has [captured](https://en.wikipedia.org/wiki/Regulatory_capture) at least one of your main political parties.

3. Fox says won’t agree to increased henhouse security.

4. This is the flaw in the unanimity approach to the decision making mode of the COP declarations.

   Good thing much of the actual work gets done by coalitions focused on cooperative change (like PPCA).

   And that the economics of wind and solar have shifted so fast and so far that a race to the top is now possible. Witness the 118 countries committing to 3xRE and 2xEE this week.