Saudi Arabia has announced plans to cut greenhouse gas (GHG) emissions by 278 million tons of CO2 equivalent (CO2e). In this regard, this paper contributes a modeling view of the climate-related effects of various energy policies on the Saudi energy system. The baseline entails the continued progression of current domestic policies without energy price reform. It examines two main alternative scenarios:
- The announced policies scenario (APS) incorporates some of the plans that the Saudi government has announced.
- In the other scenario, it runs the baseline scenario with a cap on total CO2 emissions equal to those displayed in the announced policies.
Access the “Closing the Climate Action Gap: Accelerating Decarbonization and the Energy Transition in MENA” by King Abdullah Petroleum Studies and Research Center (KAPSARC) here