Circular Carbon Economy: Global Saudi Initiative for Energy Sustainability, Environmental Protection

  • Date: 28-Nov-2020
  • Source: Asharq AL-awsat
  • Sector:Oil & Gas
  • Country:Saudi Arabia
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Circular Carbon Economy: Global Saudi Initiative for Energy Sustainability, Environmental Protection

Saudi Arabia's concept of circular carbon economy strategy has found an international welcome during the Saudi G20 Summit. The proposal constitutes a revolutionary innovation in reducing the rate of carbon emissions, as it included a new supporting component for the three existing principles.

The circular carbon economy is an idea that emerged from Riyadh, and aims to encourage the use of all types of energy existing on the surface of the earth but within controls that ensure their sustainability and at the same time reduce climate change.

The Saudi efforts concluded by adding the “reuse” component within the three elements: “reduction”, “recycling” and “disposal”; thus completing the tight circular system and helping to restore balance to the carbon cycle in the same way that occurs in nature.

More practically, the circular carbon economy project will convert the greenhouse gases that are one of the main contributors to global warming into a fully-fledged economy, based on a high-precision technical treatment of carbon emissions from all industrial sectors through the mentioned four strategies.

The circular carbon economy system would help restore the balance of the carbon cycle in the same way