Positive Environment News

No Emissions Cuts for Developing Nations – Saudis

Date: 09-Dec-05
Country: CANADA
Author: Timothy Gardner

The world's largest exporter of crude, Saudi Arabia has been cold to the Kyoto process of cutting gases that may contribute to global warming and has argued in the past for compensation if clean energy projects mandated by Kyoto reduce global petroleum consumption.

"Any attempt to include developing countries in future commitments is unacceptable," Saudi Oil Minister Ali al-Naimi told representatives gathered at UN climate talks.

He also said oil-exporting nations should not have to participate in a process that could cut their main source of revenue, particularly since rich nations currently bound by Kyoto have not met their own commitments.

Energy demand from developing Asian economies, particularly China and India, has grown sharply in recent years, underpinning a doubling in oil prices since 2003.

Hans Verolme, the US director of climate change at the World Wildlife Fund, said Saudi Arabia is trying to block the Kyoto process by confusing it.

He said that in the UN climate talks scheduled to last through Friday, countries are looking at options to broaden participation in Kyoto, but that, "Nobody has ever said that will mean mandatory emissions reductions for developing countries."

Saudi's Naimi said Riyahd's focus in future climate sessions should be to try to find ways to enable the world to continue to use oil and gas while helping to reduce carbon dioxide emissions. Saudi Arabia is a member of the Carbon Sequestration Leadership Forum that includes the United States, China and the United Kingdom.

© Thomson Reuters 2005 All rights reserved

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