Skip to comments.COP28: Undercover filming highlights Saudi plan to artificially raise oil demand
Posted on 12/01/2023 9:53:00 PM PST by RandFan
An undercover sting operation has highlighted a Saudi Arabian government plan to artificially raise global oil demand, Channel 4 News can reveal in an investigation released just days before climate crisis talks begin in the UAE.
Officials from Saudi Arabia’s Oil Sustainability Programme (OSP) have admitted the country’s state-backed plan to target Africa and Asia with petrol, oil and diesel products, under a public programme from its Ministry of Energy.
The operation was conducted by the Centre for Climate Reporting, and given exclusively to Channel 4 News, with a team posing as oil investors.
In a secretly recorded video call, one official is asked by an undercover reporter: "My impression is that with issues of climate change there’s a risk of declining oil demand and so the OSP has kind of been set up to artificially stimulate that demand in some key markets?"
In response, he says: "Yes. It is one of the aspects that we are trying to do. It’s one of the main objectives that we are trying to accomplish."
The plan, officials say, is overseen by Saudi ruler Crown Prince Mohammed bin Salman. It comes as world leaders descend on the global COP28 climate summit in the UAE.
7 minute report.
The hypocrisy is amazing.
They’re not happy with their underground garages stuffed with Bentleys or their solid gold bathroom fixtures or their wastrel offspring partying on yachts. They need more.
Countries like Libya, Saudi Arabia, Kuwait, Iraq, Iran, Nigeria, Venezuela, and Indonesia depend heavily on oil revenue.
Joe Biden apparently has given no thought on how these nations are going to survive economically.
Just like most, far too much is never enough.
It is called “simply making a living.”
The climate change fools don’t realize or don’t admit that their successes - artifically creating “green” demand by government mandates and subsidies - are to the benefit of the “green” industries, which today rely so much on (and benefit) China - one of the world’s worst polluters.
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