Like many other nations looking to diversify their economies, Saudi Arabia has chosen to take advantage of its natural resources to fuel development. Yet this economic growth is not without consequences. These heavy industries, including petrochemical factories, oil refineries and mineral smelters, all have associated environmental costs in the long run.
Balancing natural resource extraction with environmental concerns often results in for-profit businesses and government regulators struggling to find a middle ground in mitigating environmental damage while still granting companies enough latitude to maintain financially feasible operations. In the case of carbon capture and storage (CCS)...
At a panel discussion on the occasion of World Environment Day (WED) in June 2012, Richard Perry, the executive director of environmental information, science and outreach at the Environment Agency – Abu Dhabi (EAD), spoke of the emirate’s ambitious environmental development plans. “Due to the demands of an ever-increasing population, resource...
With oil prices at sustained high levels and the government pushing ahead with a large-scale investment programme to upgrade infrastructure, address social issues and further diversification, Saudi Arabia’s economy is thriving.
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