The United Nations-sponsored climate talks in November are generating a lot of tension due to their location in the United Arab Emirates, a country rich in oil and gas. Sultan al-Jaber, the CEO of national oil company ADNOC, holds the most important role at the conference and has proposed inviting oil and gas companies to play a bigger role in tackling climate change. This proposal has been met with skepticism by activists who believe that fossil fuel lobbyists should not have a voice in shaping plans to combat global warming.
Furthermore, given that over two-thirds of global greenhouse gas emissions come from fossil fuel use, the increased investment in new drilling projects by major producers like the United States, Saudi Arabia, Norway, and the UAE poses a significant threat to climate goals. Despite this, Mr. al-Jaber has pledged to triple renewable energy by 2030, signaling a desire to transition away from fossil fuels.
The efficacy of COP28, the climate conference, is being called into question due to the lack of progress in previous years. Negotiations have fallen short of delivering on promises made by rich nations to poorer ones to deal with the climate crisis. Small island nations, Latin America, and Africa are pushing for a “phaseout” of fossil fuels, but this is being met with resistance from oil-producing countries like Russia and Saudi Arabia.
The prospect of fossil fuel companies attending alongside activists calling for their elimination has created suspicion on both sides, with accusations of “greenwashing” by some activists. The situation threatens to undermine the conference process, which urgently needs leadership from powerful countries in order to drive significant progress.
Denial of responsibility! VigourTimes is an automatic aggregator of Global media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, and all materials to their authors. For any complaint, please reach us at – [email protected]. We will take necessary action within 24 hours.
