From oil to solar: Saudi Arabia plots a shift to renewables.

From oil to solar: Saudi Arabia plots a shift to renewables.

I mean, you have a country that's basically one big desert... why wouldn't you turn it into a solar powerhouse?

Because the sand is grainy and it gets everywhere.

My grandfather rode a camel, my father rode a camel, I drive a Mercedes, my son drives a Land Rover, his son will drive a Land Rover, but his son will ride a rechargeable camel'.

Of coarse.

Saudi Arabia has no choice but to move to solar seen as the only thing they have is oil

And one of the largest pilgrimages in the world. The Hajj is huge business, and Saudi has zero competition.

People need to realize running a government is nothing like running a business.

run the country more like a business.

That's where you lost me....

Not sure which Saudi King said it but in the 70’s when arguing against continuing the oil embargo he stated to other OPEC nations “we must be careful of the path we take, after all the Stone Age did not end for a lack of stones”. Meaning they should not ruin demand for their product

yeah, but what are they going to sell?

You'd need a ton of compressed air, and a ton of people to continuously clean the sand out of the panels and hardware. That'd be a lot of new jobs.

One of the tenants of Islam is to make a pilgrimage to Mecca once in your lifetime.

Just buy more indians or whichever country they import from these days? Bangladesh maybe?

They have money and oil. They just need to quit sending most of their wealth redistributing it to the endless stream of Princes around the kingdom and run the country more like a business.

They've had it so good for so long, its easy to become complacent. No real competition in the energy market, the Americans throw money at them but now its starting to hurt their bottom line and they know that oil will not reign supreme forever. Diversify, Self-control, and learn to say no to the leeches that surround the royal family who are bleeding the kingdom dry.

A little fiscal discipline of investing in renewable energy companies, buying into the technology that makes it possible, research, making themselves the Las Vegas of the Middle East, tourism, agriculture, seeding funding to get sea water and turn it into drinking water and use that to create agriculture, transform the region. Its a blank slate and they have money.

You saying slaves can't build nice things?

That's nice, but when are they going to be held accountable for funding 9/11?

This is great news. I'm happy to see that they're thinking ahead and ready to face reality here. But at the same time I can't help but wonder how they plan on turning a huge profit from it (in the same way the oil industry has done for them). When you've got neighboring countries with tons of sunlight and space to do the same, I don't think there'll be a huge market in exporting any form of renewable energy.

This is so confusing. Trump is shifting us back to coal, smartest idea ever he says. Is Trump brilliant and the Saudis Dumb?

Or a radioactive camel. We are not sure which way the wind is blowing. Saudi Arabia has purchased nukes

It's a real beach to get out of the cracks.

Surely nothing could go wrong by trying to make a country profitable by stretching the bottom line as thin as it will get while prioritizing the paychecks of those in power.

Anyone who thinks a country can be run like a business either assumes people have integrity and corruption won't foster in a position of power, or have never run a business or worker in management. Anyone who's worked in management knows exactly how a business is run.

I don’t know why you’re being downvoted. It’s totally true.

Fifteen of the 19 hijackers were Saudi citizens...

... According to Florida Democratic Senator Bob Graham, who chaired the United States Senate Select Committee on Intelligence at the time the report was being written, "the hijackers received active support and guidance from rich Saudis, Saudi charities and top members of the Saudi government."

https://en.m.wikipedia.org/wiki/Alleged_Saudi_role_in_September_11_attacks

Two years before the airliner attacks, the Saudi Embassy paid for two Saudi nationals, living undercover in the US as students, to fly from Phoenix to Washington “in a dry run for the 9/11 attacks,” alleges the amended complaint filed on behalf of the families of some 1,400 victims who died in the terrorist attacks 16 years ago.

The court filing provides new details that paint “a pattern of both financial and operational support” for the 9/11 conspiracy from official Saudi sources, lawyers for the plaintiffs say. In fact, the Saudi government may have been involved in underwriting the attacks from the earliest stages — including testing cockpit security.

https://nypost.com/2017/09/09/saudi-government-allegedly-funded-a-dry-run-for-911/

Yep, the accomodations for pilgrims (especially the rich ones) is big business. I mean, look at this hotel. 

They're building an even bigger one, I think.

Yep, the accomodations for pilgrims (especially the rich ones) is big business. I mean, look at .

They're building an even bigger one, I think.

Yeah but aren't they using slaves?

What Trump says and what is actually happening are not the same. There isn't much he can do for an industry dying due to market forces.

that's what he wants you to think.

It actually sounds like their focus is internal implementation, not as a reseller at the moment.

They are looking to convert their existing infrastructure to create savings as well as develop a workforce. If they can actually do that, and build a good reputation and leverage existing "energy" supplier relationships, they might be able to even export their experienced workforce. At least, that's what I'm reading between the lines of the article.

Are Filipinos and Pakistanis out of style there these days?

Shut up, dad!

Neither. Politics and economics in action.

Edit. Grammar