Not only they burn it in very large quantities, but they subsidise burning it to a degree that ends up as a hole in their budget, eroding foreign currency reser

Not only they burn it in very large quantities, but they subsidise burning it to a degree that ends up as a hole in their budget, eroding foreign currency reserves they've built up previously. And there are huge wastages - old power plants, inefficient AC, oversized cars etc They are starting to wake up to building solar now though: http://www.theatlantic.com/magazine/archive/2015/07/saudis-solar-energy/395315/ http://www.theatlantic.com/magazine/archive/2015/07/saudis-s...