Home > Asia > Oil-rich Kazakhstan kickstarts ‘green revolution’ for energy | Reuters

Oil-rich Kazakhstan kickstarts ‘green revolution’ for energy | Reuters

Oil-rich Kazakhstan will spend 1 percent of annual output every year until 2050 to increase power generation from greener sources, a senior official said, cutting its dependence on coal far faster than some of the world’s big polluters.

The Central Asian country, the world’s ninth largest by area but populated by just 17 million people, holds about 3 percent of the global recoverable oil reserves. However, its fast, oil-propelled growth hinges on high oil prices.

For more on this story, visit: Oil-rich Kazakhstan kickstarts ‘green revolution’ for energy | Reuters.

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