As US Democrats bandy about a series of wispy trillion-dollar green deals, Saudi Arabia has a green deal of its own—one of monumental proportions. But Vision 2030 is not without its challenges. Can such a comprehensive plan from the world’s largest oil exporter really achieve success within the promised time frames? Kicking That Old Oil Habit Vision 2030 is the ambitious plan of Saudi Arabia’s Crown Prince, Mohammed Bin Salman, ostensibly to modernize Saudi Arabia and diversify its economy away from oil. This is a big ask, considering that oil and gas account for 50% of The Kingdom’s GDP, and 70% of its export revenue. It holds 18% of the world’s proven petroleum reserves, according to OPEC . It is what we call a single-resource economy, and when oil is trading at $100 per barrel, that’s an okay thing to be. But Saudi Arabia has, time and again, used […]