"Saudi Arabia Says Will Diversify Oil Economy To Slow Climate Change"

"Saudi Arabia, the world's largest crude oil exporter, plans to diversify its economy to help combat climate change in a move that could reduce expected carbon emissions by up to 130 million tonnes a year by 2030, the government said on Tuesday.

OPEC member Saudi Arabia is the last of the Group of 20 major economies to submit a plan to the United Nations before a summit in Paris from Nov. 30-Dec. 11 about ways to slow global warming.

It said it was aiming 'to achieve mitigation co-benefits ambitions of up to 130 million tons of carbon dioxide equivalent avoided by 2030 annually through contributions to economic diversification and adaptation.'"

Alister Doyle, Reem Shamseddine, and Rania El Gamal report for Reuters November 10, 2015.