Friday, October 19, 2012

A Renewable Saudi Arabia

Beyond Petroleum?

Saudi Prince Turki bin Faisal Al Saud
 ~ A key member of the Saudi royal family says that the kingdom aims to be powered 100% on renewable and "low-carbon forms" of energy. Maybe in his lifetime (but maybe not, because he is already 67.)

Prince Turki Al Faisal Al Saud said at a conference in Brazil:
Oil is more precious for us underground than as a fuel source. If we can get to the point where we can replace fossil fuels and use oil to produce other products that are useful, that would be very good for the world.
Some are skeptical, but the Saudis have said this before, and recognize, unlike here in the US, that oil production is not a very effective driver of economic prosperity.

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