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Saudis Demand Aid If World Cuts Oil Use

From an empathetic Associated Press:

Saudis ask for aid if world cuts dependence on oil

Michael Casey, AP Environmental Writer Thu Oct 8

BANGKOK – There are plenty of needy countries at the U.N. climate talks in Bangkok that make the case they need financial assistance to adapt to the impacts of global warming. Then there are the Saudis.

Saudi Arabia has led a quiet campaign during these and other negotiations — demanding behind closed doors that oil-producing nations get special financial assistance if a new climate pact calls for substantial reductions in the use of fossil fuels.

That campaign comes despite an International Energy Agency report released this week showing that OPEC revenues would still increase $23 trillion between 2008 and 2030 — a fourfold increase compared to the period from 1985 to 2007 — if countries agree to significantly slash emissions and thereby cut their use of oil. That is the limit most countries agree is needed to avoid the worst impacts of climate change.

The head of the Saudi delegation Mohammad S. Al Sabban dismissed the IEA figures as "biased" and said OPEC’s own calculations showed that Saudi Arabia would lose $19 billion a year starting in 2012 under a new climate pact. The region would lose much more, he said.

"We are among the economically vulnerable countries," Al Sabban told The Associated Press on the sidelines of the talks ahead of negotiations in Copenhagen in December for a treaty to replace the Kyoto Protocol, which expires in 2012.

"This is very serious for us," he continued. "We are in the process of diversifying our economy but this will take a long time. We don’t have too many resources." …

Al Sabban accused Western nations of pursuing an agenda against oil producers, under the guise of protecting the planet.

"Many politicians in the Western world think these climate change negotiations and the new agreement will provide them with a golden opportunity to reduce their dependence on imported oil," Al Sabban said. "That means you will transfer the burden to developing countries, especially to those highly dependent on the exploitation of oil." …

This is rich.

But you knew it was bound to happen.

This article was posted by Steve on Thursday, October 8th, 2009. Comments are currently closed.

4 Responses to “Saudis Demand Aid If World Cuts Oil Use”

  1. proreason says:

    The Saudis are Obamy’s model for what a government should be.

    He didn’t bow to them for nothing.

    Don’t be fooled by the redistribution rhetoric and actions.

    That is a short-term means to an end.

    The end is absolute power.

    The unions, minorities, gays, femi-nazis, et al will all be flattened into the same plebian mass as Christians, conservatives and other hard-working Americans.

    That has been the way it has always been……for 10,000 years, ever since civilizations began to emerge because of agriculture after the ice withdrew about 15 to 10,000 years ago.

    Except for the brief period between 1776 and 2008.

  2. Tater Salad says:

    The Saudi’s better talk to Obama and get in line. Since Obama has given money to everyone else they might as well get in line to.

  3. canary says:

    Saudi Arabia owes us, after desert storm. Any country that wants our aid, can help us fight the war.

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