Mission Willow Projekt by GRT : Detener el abuso de nuestro ártico / tierra - Fertig mit dem Missbrauch unserer Arktis / Erde

In contrast with Abu Dhabi, where oil contributes approximately 90 per cent of the UAE’s oil revenues and annual production and explains much of its economic development, Dubai has very little oil reserves and its oil contribution to GDP has declined from 5.48 per cent in 2000 to only 1.4 per cent in 2013 (from Dubai’s Model of Economic Diversification)

The city-state may have received substantial financial support of its oil-rich sister city, Abu Dhabi, during the 2008–2009 global financial crisis; hence, oil is still an important factor in its long-term sustainable development.

What is crucial here to stress is the misperception that oil is the driving force for Dubai’s economic development.

Petroleum and petroleum products account for about 46% of Saudi Arabia’s GDP

Being an emirate of the UAE or probably because of its geographic location, which is known as containing the second largest oil reserve in the world, most people think that all Dubai’s revenue comes from the petroleum industry. The truth, according to the Dubai Chamber of Commerce and Industry, is Dubai’s oil and gas account for less than 6% of its Gross Domestic Product (Sheikh-Miller, 2007).

With the oil and gas industry, Dubai has gained considerable amounts of money to invest in other sources of revenue.

The amount of revenue from the petroleum sector provides Saudi Arabia with 80% of their revenue, 45% of GDP and 90% of export earnings (“Middle east", 2012)

Although Dubai is ranked fifth in the world for the size of proven gas reserves it is facing an energy shortage due to excess use of energy resources. To combat this problem the government of Dubai came up with the Dubai Integrated Energy Strategy of 2030 to reduce its carbon footprint and educate its citizens.

Saudi Arabia has turned to alternatives through implementing both nuclear and solar energy. Overall they have had more projects in solar energy than nuclear, but plan to have 16 nuclear reactors in place by 2030

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More about Saudi Arabia pollution https://t.iss.one/PollutionFacts/791
Picture 1: https://t.iss.one/PollutionFacts/731

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Mission Willow Projekt by GRT : Detener el abuso de nuestro ártico / tierra - Fertig mit dem Missbrauch unserer Arktis / Erde

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Tiefseebergbau bedroht das fragile Leben im Ozean und die Lebensgrundlagen von Menschen weit über die Abbaugebiete hinaus. Wir müssen Tiefseebergbau stoppen und die Tiefsee vor denjenigen schützen, die sie auf Kosten unserer Erde und von uns allen ausbeuten wollen.

Backup by @MissionWillowProject
A @grttme project - Other backups: https://swiy.co/tgme

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Mission Willow Projekt by GRT : Detener el abuso de nuestro ártico / tierra - Fertig mit dem Missbrauch unserer Arktis / Erde