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Gulf Nations and the Middle East: Fossil Fuel Challenge and Nuclear Power Expansion
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Gulf nations face challenges in reconciling their reliance on fossil fuels with their net-zero emission targets. The region needs major adjustments to accommodate a growing population while meeting climate goals. Several countries in the Middle East are expanding their nuclear power capacity. A lack of investment in oil could lead to a spike in energy prices. Saudi Aramco and Exxon Mobil express support for the energy transition but emphasize the continued importance of oil.
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How can Gulf nations achieve major adjustments to accommodate a growing population while meeting climate goals?
How can the lack of investment in oil be addressed to avoid a spike in energy prices?
What are the potential implications of the expansion of nuclear power in the Middle East?
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