Middle East Economic Survey

VOL. LIII

No 42

18-Oct-2010

REGIONAL

Masdar Clean Energy Initiative Delayed

Abu Dhabis worlds largest CCS project stumbles as Qatar joins the race.

Abu Dhabis flagship clean energy initiative, Masdar, faces more delays and downsizing of its projects as the emirate cuts costs. In a statement on 9 October Masdar officially acknowledged pushing back completion of its carbon-neutral city to between 2020 and 2025, and lowering the investment needed to $18.7-19.8bn....