Saudi Arabia Sets 2060 Net-Zero Deadline

Saudi Arabia plans to become a net-zero economy by 2060, the Kingdom's Crown Prince said this weekend, adding that it had revised up its emission-cuts target for 2030, too. Mohammed bin Salman was speaking at the Saudi Green Initiative ahead of COP26, as quoted by Reuters, and he also pointed out that hydrocarbons will remain important even during the energy transition to ensure the stability of the oil market. The deadline that the crown prince has set for one of the world's largest oil producers is the same as the one Beijing has set for China.…