Guardian: Saudi Arabia, which has the world’s largest oil reserves and earned nearly $300bn in fossil fuel exports last year, will seek financial compensation for any loss it incurs if and when production declines after a new climate change agreement is reached. The move, which was confirmed by UN officials at the UN climate talks in Bonn this week, matches demands made by the world’s poorest countries for money to adapt to climate change. Saudi Arabia and some other Opec oil-producing …