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Page added on July 11, 2007

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Is Arab OPEC Going Green?

Recently I told you about a 100 MW solar power project in Abu Dhabi, one of the United Arab Emirates (http://www.orbusinvestor.com/articles/solar-saudi-japan/110). As one of the top oil and gas producers in the world, the UAE won the geological jackpot. Otherwise, it would be a loose confederation of feudal desert monarchies.
Now, sheiks, emirs and other leaders throughout the Arab OPEC states of the Middle East and North Africa are afraid that a return to pre-petroleum poverty will quickly arrive with the end of the Oil Age, so they are turning towards the ever-present desert sun.

WealthDaily



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