Yesterday Sheikh Mohammed bin Rashid announced the UAE's 205 energy plan. 

With a clear object to save over £150 Billion pounds over the next thirty years by investing on more sustainable energy sources and increasing overall energy efficiency.  With plans to cut carbon emissions by 70%, increase clean energy by 50% by 2050.

The UAE are scheduled to commit circa £135 Billion ponds (Dh600bn) over the next 33 years to meet these targets. With Sheikh Mohammed stating: 

"Ensuring the sustainability of energy resources means ensuring the sustainability of the country’s growth"