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September 13th, 2010
Saudi plan to Earn Carbon Credits on World Market

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NATIONAL UAE – Saudi Arabia has outlined plans for its first attempt to earn credits on the international carbon market, after similar efforts by the UAE and Qatar. The project at a landfill site outside of Medina would generate slightly more than €2 million (Dh9.3m) a year at current carbon prices by keeping emissions of methane, a potent greenhouse gas, out of the atmosphere, documents submitted to the UN Framework Convention on Climate Change show. Read More