UAE Accelerates Towards Sustainability Reducing Reliance on Oil and Gas Resourcesby | 19-03-2015 03:16 |
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![]() ![]() As a rapidly developing country, the UAE experienced extraordinary economic growth and with that came the increased demand for energy and resources. The UAE has been ranked with one of the highest per capita Ecological Footprints in the world. As a part of the UAE, Dubai?s biggest challenge is water, which may be everywhere in the gulf but is undrinkable without desalination plants. These produce emissions of carbon dioxide that have helped give Dubai and UAE as a whole, one of the world?s largest carbon footprints. Enormous amounts of heated sludge is generated which is pumped back into the sea. Albeit all these hassles, UAE remains a firm believer in sustainable and clean energy. In the aftermath of realising all these issues and the large-scale predicament these issues would create in the near future, UAE has taken several initiatives to reduce its footprint. These smalll initiatives have not only mitigated UAE's footprint to a minimal but they have also increased sustainability in the region by leaps and bounds. The UAE Government recently announced that they are reducing reliance on oil revenues even further and concentrate on ploughing their surplus into developing the non-oil sector to shield itself from the possible shock of falling oil prices in the future. The nation expects the oil prices to fall substantially in the coming years due to the growing new cleaner and greener forms of energy. In fact, the region is witnessing a massive shift from investment in oil and gas resources to more new sustainable energy investments. The country also hopes to stand as an example to other Gulf and oil-rich countries, epitomizing change and renovation in energy management and use. This is an indication that the region is a key role-player in advocating the shift to sustainable resources. SourceThe National |