Davos, May 25 (AP) A top Saudi official has touted a dual strategy of increasing oil production capacity for export abroad while advocating for a domestic reduction of emissions in line with Saudi Arabia's net-zero pledge.

Saudi Minister of Economy and Planning Faisal al-Ibrahim said on a panel at the World Economic Forum meeting in Davos that “these two points do not contradict each other."

Also Read | Imran Khan Joins Long March as PTI Workers Clash With Police on Streets: Report.

He said Wednesday that focusing on climate change without focusing on energy security could lead to more countries burning “the dirtiest kind of coal in a time of need.”

Climate activists and many scientists and energy experts argue otherwise, advocating for an immediate end to greater investment in fossil fuels to keep global temperatures from rising further.

Also Read | Russia-Ukraine War Latest Updates and Key Developments: Russia Scraps Age Limit for Joining Military To Expand Recruitment.

Al-Ibrahim says “energy demand from oil will continue to increase and that higher prices and revenue from oil will help the country reach its 2060 net-zero targets quicker. (AP)

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)