Saudis Seek to Ensure Climate Talks Won’t Hurt OPEC Oil Income
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Saudi Arabia, OPEC’s largest crude producer, will seek to ensure climate talks starting next week in Durban, South Africa, won’t unfairly limit the exporter group’s income, the kingdom’s envoy to the negotiations said.
Saudi Arabia and its OPEC partners are being asked to bear too much of the burden of cutting greenhouse-gas emissions because their economies depend on oil and natural-gas revenue, Mohammed al-Sabban, said in a speech at the Energy Dialogue conference in the capital Riyadh on Nov. 21.