circular carbon economy

Gulf states have long treated CCUS as a silver bullet solution. The EU cautions against the GCC countries’ overreliance on technology, and continues to stress the need for behavioural change.[4] However, the European Green Deal also recognises CCUS as a key tool to aid decarbonisation. Saudi Arabia centred its 2020 presidency of the G20 around CCUS and other measures to create a “circular carbon economy ” based on the reduction, reuse, recycling, and removal of CO2. Over the past 12 months, Saudi Arabia has pledged to only build power generation plants that incorporate carbon capture technology and to work through its Middle East Green Initiative to cut emissions by 60 per cent by 2030 – by when the country aims to be capturing 44m tonnes of CO2 a year. ARAMCO is currently building a new plant in Jubail สล็อต