UAE is well known of its world's 10 percent oil reserve. Yet, A City here, soon to be built, is planning to be entirely powered by renewable energy. Find out why?
"Abu Dhabi wanted to show that it's aware of its carbon footprint today," says Khaled Awad, the man in charge of building Masdar City. He says Abu Dhabi has already committed $4 billion for the project and plans to raise another $18 billion.
This scale of investment is attracting attention. The Massachusetts Institute of Technology has signed on to help Abu Dhabi establish the Masdar Institute, an institute devoted to research in renewable energy.
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