the green transition thinking

in the GCC region of 80GW by 2030 would allow the monarchies to conserve about 11 trillion litres of water, as well as 400m barrels of oil, per year. This would also create more than 200,000 jobs. The green transition will be a given in the region, but the GCC states want that transition to be slow and gradual.[3] They would first scale up their renewable energy capacity to deploy it domestically, freeing up more fossil fuels for export. (All the GCC countries are currently investing in more fossil fuel production capacity.) Later, they would diversify their exports by adding green energy. This would allow them to preserve their political-economic systems based on the redistribution of externally derived rents a little longer, guarding against potential economic and political instability. This is the fundamental context to the green transition thinking in the UAE and other Gulf monarchies. Like its predecessor in Egypt, COP28 is thus unlikely to result in commitments to phase out fossil fuel production. The UAE is designing COP28 around the approach of accelerating the energy สล็อตเว็บตรง