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Article: United Arab Emirates : UAE can loom large on climate change.
- Article from:
- TendersInfo
- Article date:
- September 30, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The UAE is keen to embrace clean energy concepts, and has a particular interest in the redirection of carbon pollution to underground storage. David Duprey / AP PhotoThe UAE was not a big player in the global climate change talks in New York last week, where heavyweights China and the US took centre stage, but the Emirates economic future has a massive stake in whatever agreement emerges.
The final treaty that is expected to take shape in December in Copenhagen will have far-reaching and opposing effects on the economy, from boosting key industries to sapping global demand for oil, experts say.
And a failure to reach agreement, with potential ...