Saudi energy minister: “There are many pathways” to reach net zero

(MENAFN) As the world moves forward to reach net zero, there is no one way or a clear one-size solution that fits all, according to Saudi Energy Minister Prince Abdulaziz bin Salman throughout an energy event in the Saudi capital, Riyadh.

“There are many pathways that get us there ... pathways that take into account national circumstances, economic development, and solutions that are local, national, regional, and global,” the minister also asserted throughout his inaugural address at the 44th International Association for Energy Economics meeting.

The energy event, which is being hosted for the initial time in the Middle East and North Africa area in Saudi Arabia with the King Abdullah Petroleum Studies and Research Center in addition to Saudi Association for Energy Economics, is going to go from Feb. 4 to 9.

The meeting’s theme in 2023 is “Pathways to a clean, stable, and sustainable energy future”.

The minister who also hosted a discussion with energy specialist Daniel Yergin at the IAEE 2023 also mentioned that there is constantly a higher chance for cooperative attempts and holistic solutions.

He added, “Cocooned solutions tend to bring people far and tend to create more chaos. So, in the endeavor of everybody trying to bring the solution to these problems, I’m afraid we might end up with a more chaotic situation than what everybody’s aspiring.”


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