Saudi Arabia’s Crown Prince has unveiled another element of the NEOM megaproject, a floating industrial complex dubbed Oxagon NEOM: Oxagon presents a radical new model for future manufacturing centers Oxagon will focus on advanced technology such as space and robotics Saudi Arabia recently came under attack for allegedly trying to block negotiations on climate action, and it has been named among countries that have tried to downplay the urgency of such action. It is not the poster boy for net-zero ambitions. And yet, the Kingdom has some major ones in that respect. Saudi Arabia announced plans to become a net-zero economy by 2060. This is a decade later than most economies have set as a deadline, but given its dependence on fossil fuels, it is quite understandable. In the meantime, however, Riyadh has signaled repeatedly that it would use its oil money for some ambitious projects, chief among them […]