Saudi Arabia pledges to switch to gas-powered cars by 2060

Written by Staff Writer Oil exporter Saudi Arabia is targeting a net zero emissions scenario by 2060, pledging to begin switching to gas-fuelled cars in a move that could potentially reshape the global auto…

Saudi Arabia pledges to switch to gas-powered cars by 2060

Written by Staff Writer

Oil exporter Saudi Arabia is targeting a net zero emissions scenario by 2060, pledging to begin switching to gas-fuelled cars in a move that could potentially reshape the global auto market, making gas cheap and fuel efficient electric vehicles more attractive.

In a landmark announcement on Sunday, the government said it would outline a strategic plan for diversifying the country’s energy mix by 2030 as part of its efforts to achieve the target.

The kingdom currently imports nearly all of its energy and nearly 70% of its electricity, and plans to increase this to 95% by 2034.

The energy strategy will also focus on accelerating the transition from liquid fuel to gas, transforming the country’s chemical and aluminum industries from high-carbon to low-carbon, and developing a gas-fired power grid, the government said.

“The aim of all these initiatives is to diversify our energy mix, reduce our carbon footprint and achieve a net zero emissions scenario by the year 2060,” said Prince Turki Al Faisal, former governor of Saudi Arabia, in a statement.

Saudi Arabia also plans to work with partners across the world on a future fuel standard to promote gas-fuelled vehicles.

It did not provide a forecast for the timeframe for the introduction of the gas-fuelled cars.

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