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The Guardian: Cop28 host UAE has world's biggest climate-busting oil plans, data indicates
Cop28 host UAE has world’s biggest climate-busting oil plans, data indicatesState oil company’s huge expansion plans make its CEO’s role as president of UN climate summit ‘ridiculous’, say researchers
Damian Carrington Environment editor
@dpcarrington
Wed 15 Nov 2023 00.00 EST
The state oil company of the United Arab Emirates, whose CEO will preside over imminent UN climate negotiations, has the largest net-zero-busting expansion plans of any company in the world, according to new data.
Sultan Al Jaber is the chief executive of the Abu Dhabi National Oil Company (Adnoc) and president of the Cop28 summit, which begins on 30 November. The researchers behind the new data said Adnoc’s huge planned expansion of oil and gas production was a clear conflict of interest and they said his position was “ridiculous”.
At Cop28, nations will attempt to agree to cut fossil fuel use and triple renewable energy. The summit comes at the end of a year in which global temperatures have soared, intense impacts of extreme weather have wrecked lives and there have been repeated warnings that the world already has plans to exploit far more fossil fuel reserves than can safely be burned.
The data is from the Global Oil and Gas Exit List (Gogel), a public database detailing the activities of more than 1,600 companies representing 95% of global production. The data shows that almost all companies are ignoring warnings from climate scientists that new oil and gas fields cannot be developed if global temperature rise is to be kept to the internationally agreed 1.5C limit. It also shows that:
…
Damian Carrington Environment editor
@dpcarrington
Wed 15 Nov 2023 00.00 EST
The state oil company of the United Arab Emirates, whose CEO will preside over imminent UN climate negotiations, has the largest net-zero-busting expansion plans of any company in the world, according to new data.
Sultan Al Jaber is the chief executive of the Abu Dhabi National Oil Company (Adnoc) and president of the Cop28 summit, which begins on 30 November. The researchers behind the new data said Adnoc’s huge planned expansion of oil and gas production was a clear conflict of interest and they said his position was “ridiculous”.
At Cop28, nations will attempt to agree to cut fossil fuel use and triple renewable energy. The summit comes at the end of a year in which global temperatures have soared, intense impacts of extreme weather have wrecked lives and there have been repeated warnings that the world already has plans to exploit far more fossil fuel reserves than can safely be burned.
The data is from the Global Oil and Gas Exit List (Gogel), a public database detailing the activities of more than 1,600 companies representing 95% of global production. The data shows that almost all companies are ignoring warnings from climate scientists that new oil and gas fields cannot be developed if global temperature rise is to be kept to the internationally agreed 1.5C limit. It also shows that:
…
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