Arab Today, arab today saving oil gas in the gulf
Last Updated : GMT 01:14:03
Arab Today, arab today
Arab Today, arab today

Saving oil, gas in the Gulf

Arab Today, arab today

Arab Today, arab today Saving oil, gas in the Gulf

London - KUNA

Success or failure in setting and meeting sustainable energy goals in the Gulf Cooperation Council (GCC) countries will have a global impact, according to the latest energy report published by a leading think tank here.. The six GCC countries - Saudi Arabia, Qatar, Kuwait, Oman, the UAE and Bahrain - now consume more primary energy than the whole of Africa, the survey by Chatham House, estimated. Yet they have just one 20th of that continent\'s population, the research centre, also known as the Royal Institute of International affairs, pointed out in the document. \"Energy intensity in the region is high and rising in contrast to other industrialised regions and is driven by systemic inefficiencies\", it argued. Almost 100% of energy in the region is produced from oil and gas without carbon dioxide abatement, and water security is increasingly dependent on energy-driven desalination, the paper added. If this trend were to continue rising as it has over the last decade, it would double by 2024. \"This is a deeply undesirable prospect for both the national security of each state and the global environment\", the study cautioned. The report proposes specific measures that should be investigated at the GCC level, including the potential for setting common prices for electricity trading and fuel. Countries should cooperate to establish common appliance efficiency standards for buildings, appliances and vehicles, with air conditioning a priority area. Moreover, establishing a common buildings code and building materials standard could bring \"step changes\" in energy and water efficiency, it suggested. This would reduce costs for each country and allow the region to punch above its weight internationally in emissions reduction commitments. This is the first report to offer practical recommendations that address the key challenges of governance, political commitment and market incentives from a GCC-wide perspective, the Institute noted. It draws on the results of two years of research and workshops in the region, with representatives of over 60 local institutions with a critical interest in and influence over domestic energy

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Arab Today, arab today saving oil gas in the gulf Arab Today, arab today saving oil gas in the gulf

 



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