COP28 President’s ‘hypocritical’ oil firm failing to acknowledge full extent of their carbon footprint. The fossil fuel giant run by the president of the forthcoming UN climate summit, Sultan Al-Jaber, last month reported only a fraction of its carbon pollution. This is despite him saying companies need to “attack all emissions”, according to new analysis....
Tag: FossilFuels
On the Highway to Climate Hell
On the Highway to Climate Hell. The world’s infrastructure was built for a climate that no longer exists. Countries have spent decades building critical infrastructure that is now buckling under extreme heat, wildfires, and floods. They were laying bare just how unprepared the world’s energy and transportation systems are to withstand the volatility of climate...
Climate summit host country misses own clean power target – but ‘continues to embrace’ transition
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....
Why the next climate summit is stirring controversy
Why the next climate summit is stirring controversy. Every year, the world convenes for the United Nations climate talks. There, members of the Conference of the Parties (COP) decide on the dates and venue of their next session. The host nation then names someone to chair the talks. The government of the host country holds...
COP28: Don’t believe ADNOC’s spin over its new climate commitments
At the beginning of 2000s, as concerns about climate change grew, some of the biggest oil companies began to modify their climate change public relations strategies. Instead of denying the evidence to sow doubt, they decided to try and spin their actions in more of a positive light. To try and co-opt the debate. They learnt their...
UAE fossil fuel investments in the UK being pushed by climate change denier
Top UK officials had undeclared meetings with UAE ambassador at private parties hosted by billionaire Tory donor Michael Hintze, according to an Insight investigation by The Sunday Times. Hintze, a British-Australian hedge fund manager worth £1.7 billion, has given over £4 million to the Conservative party and founded the Global Warming Policy Foundation, a climate...
Approving Rosebank oil and gas field would be ‘death sentence’ say activists
Approving the Rosebank oil and gas field in the North Atlantic would be a “death sentence”, climate activists have said. Regulators are considering granting the Norwegian company Equinor permission to begin exploiting one of the largest reserves of fossil fuels in the region. It would see up to 500 million barrels of oil pulled out...
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?...
COP host UAE emissions plan ‘insufficient’: analysis
New carbon-cutting plans by this year’s UN climate talks host the United Arab Emirates were branded “insufficient” by an analysis on Thursday that slammed the oil-rich nation for undermining its own targets with plans to increase fossil fuel production. The UAE, which will host the COP28 United Nations talks in November and December, released its...
Inslee and legislators say it’s time for “radical transparency” as Big Oil rakes in excessive profits
Big Oil celebrates record profits as consumers grapple with high gas prices and the costly effects of extreme weather events driven by climate change. Gov. Jay Inslee, legislative leaders, and representatives of labor and health care today announced the time has come for Washington state to tackle Big Oil’s record-breaking, excessive profits. ollowing “monster profits”...