The Prediction over Arab and Muslim Countires to Sign Deals with Israel is Getting Stronger

I read something today that brings us to a deeper understanding about what Saudi Arabia is doing in terms of the energy transition that they’re planning. Here’s the thing, The G20 2020 president, wanted to advance the claims of its Circular Carbon Economy (CCE) strategy to counter harmful pollution from the atmosphere. This is a well-thought-out, weighty intellectual heritage policy platform that basically says: Don’t put all of your energy eggs in one basket.

If we will look at it, this idea, which seemed perfectly fair, met with resistance from some G20 participants. Some European countries felt that it was in conflict with their goal of minimizing the use of hydrocarbons in absolute terms, necessarily without names. With the inclusion of CCE in the communique, they were not pleased.

But in the end, the holdouts remembered the great efforts Saudi Arabia and others have made since the crash of the oil market in April in the initiative to stabilize global energy prices, as well as the immense resources that the Kingdom can bring to bear in the energy transition, and this appears to have done the trick and that leads us to a more curiosity about what will happen next.

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I am a content marketer, freelance writer and a blogger. I write what’s on my mind. Basketball is my sport. I also love to cook and eat.

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Lucas Bakker

Lucas Bakker

I am a content marketer, freelance writer and a blogger. I write what’s on my mind. Basketball is my sport. I also love to cook and eat.

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