Climate summit host country misses own clean power target – but ‘continues to embrace’ transition. Like any country hosting a COP climate summit, the United Arab Emirates is facing intense scrutiny of its own track record. The oil-rich country hosting the next UN climate summit missed its own green energy target, Sky News can reveal....
Tag: EnergyTransition
The double life of Sultan Ahmed Al Jaber
This week, Climate & Capital responds to a recent COP 28 update letter from Sultan Ahmed Al Jaber, the CEO of the Abu Dhabi Oil Company (Adnoc), the UAE’s Special Envoy for Climate Change, and the President-Designate for the 28th Conference of the Parties (COP28). My Dearest Ahmed, You don’t mind if I call you Ahmed, do you?...
Climate action in an era of great power competition
The writer is director of the Belfer Center for Science and International Affairs, Harvard University Kennedy School of Government At the foot of the Eqi Glacier in Greenland in June, I watched ice formed thousands of years ago drop into the warming ocean. With this vivid depiction of climate change in my mind, I was...
European Power Prices Go Below Zero Again as Solar Output Surges
Sign up for Energy Daily, your guide to the energy and commodities markets that power the global economy, from journalists stationed around the world. European power prices fell below zero again as production from solar farms overwhelms the grid early in the afternoon. It’s an increasingly common phenomenon as Europe races to build more cheap...
COP28 president says fossil fuels still have a role to play, prompting concerns about climate summit’s goals
The president of the UN’s COP28 climate conference has said that he sees a future for fossil fuels – even as scientists say the world must rapidly transition to clean energy – in remarks that have raised concerns about a backsliding on climate commitments. Sultan Al Jaber, who will oversee the UN’s COP28 climate summit in Dubai in November,...