The use of fossil fuels by the world’s economies has been increasing by an alarming rate. Heavy subsidies and the lack of financial incentives to use energy in a more responsible way could be one of the culprits. “The concern for Middle – Eastern states is particularly interesting. Carbon emissions in the Arab world are relatively modest, representing around 5% of the global emissions, but how fast they are growing is alarming – they have tripled in the last few decades.” shares Prof. Arindam Banerjee as he examines the Middle Eastern implications of the Paris agreement on climate change for Forbes ME.
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