Fossil #1: Saudi Arabia

Saudi Arabia received the 1st Place Fossil for ingeniously linking carbon capture and storage (CCS) to reducing emissions from deforestation and degradation in developing countries. In today’s debate there was general  agreement on having additional public funding for REDD; the Saudis said they would only consent if there were funding windows for all other  mitigation activities, including CCS. That would not only mean that they  can ‘compensate’ for emissions from the oil they produce, but also get  money for it, holding REDD hostage in the process.

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