29.04.2011 - OPEC countries seek “developing nation” funds to capture CO2

Oil giants are looking into CCS to cut greenhouse gases. good for them! But who should pay for it? Well, now we know why Saudi Arabia held out for Carbon Capture & Storage to be eligible for CDM funding at Cancun. Sequestering CO2 in the ground is being looked at by three Middle Eastern countries, Kuwait, Saudi Arabia, and the UAE that lead the world in production of greenhouse gases from oil production..............................................Full Article: Source

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