Well, here’s something that nobody expected:
Wait, not that. (Actually, I should be careful mixing my religious humor with my energy news.)
I actually meant the announcement that Saudi Arabia is getting into solar energy. Turns out, in addition to having a whole lot of oil, the Saudis also have a whole lot of sunshine.
And, their latest nefarious plan [side note for those of you who don’t know me: KIDDING. NOT INTENDED to convey a political opinion.] is to capitalize on that. How? By investing in solar energy to meet domestic energy demands. This will allow them to export more of their domestically-produced oil, which brings a higher cost sold on the foreign market than it does when used at home. That foreign market, by the way, includes the good old U.S. of A.
Honestly, though, it sounds like a pretty smart plan. Some argue that the Saudis are turning to solar only because they don’t have much in the way of natural gas or “alternative” fossil fuels – but I’m going to venture a guess that what they’re really looking at is solar energy as good business. Make energy at home out of something renewable that won’t run out, and then you can sell what you don’t need of your fossil fuels and make a ton of money.
Also, using solar energy for things like cooling homes and fueling domestic power plants will allow for more petroleum that can be used to drive their Audis. Like this. (Seriously, click on the link. You will not be disappointed. You’re welcome.)