With just weeks to go until the COP28 climate summit, Sultan Ahmed Al Jaber, who’s both the COP President and boss of UAE oil giant ADNOC, has been promoting carbon capture as a climate solution. “If we are serious about curbing industrial emissions,” Al Jaber said in May, “we need to get serious about carbon capture technologies.”...
It’s an awkward moment for the oil industry to have at last won its long-sought “seat at the table” in international climate talks. The contradictions and conflicts in play at this opaque moment in the energy transition are mind-boggling. Global temperatures are flaring. War-related market disruptions are fading. The economic outlook is extremely fuzzy. Neither...