World-wide transition to carbon-neutral energy is attractive, but needs analysis: Saudi minister
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“This scenario is an attractive one. But as they say: ‘The devil is in the details.’ It remains to be seen how we are going to carry out this transition,” Saudi Energy Minister Prince Abdulaziz bin Salman al Saud told a session entitled "The Future of Energy. Energy Transition"

“And it must not be condescending in nature. We need to understand and set priorities and make them serve the tasks of minimising climate change.”

    The session at the St. Petersburg International Economic Forum was moderated by Sergey Brilev, President of the Global Energy Association.

    The Saudi minister said a separate analysis was needed for the taxation implications of the energy transition. If leading countries want to introduce a carbon text, we need to have a clear understanding of how this money is going to be spent, he said.

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