Saudi Aramco may boast that it holds the rights to the largest reserves of crude with the lowest carbon footprint to extract, but that rather misses the point. Globally more than 200 businesses, from Unilever NV to Coca-Cola Co. have made commitments to reduce plastic waste, according to the Ellen MacArthur Foundation. ADAnd then there’s an issue that is specific to Saudi Aramco — the security of its facilities. But the very fact of the attacks has raised concerns among potential investors about Saudi Arabia’s ability to protect its oil infrastructure. The time to bring private investors into Saudi Aramco was when everybody wanted a piece of the action.

Source: Washington Post November 17, 2019 06:56 UTC