This letter is being released ahead of COP28 by the World Economic Forum on behalf of the Alliance of CEO Climate Leaders. Limiting the average global temperature increase to 1.5°C is at risk of slipping out of reach unless there is a rapid increase in public-private collaboration and action to accelerate emission reductions across global...
Fossil producer UAE to host COP28: what are Gulf states doing to decarbonise?
OP28 in November is being hosted by the United Arab Emirates (UAE), a major oil and gas producer. The COP President will be Sultan Al Jaber, the CEO of ADNOC, one of the world’s biggest oil companies. It’s attracted heavy criticism from many quarters. Robin Mills at the Center on Global Energy Policy reviews the contradictions inherent...
Al Gore Doesn’t Say I Told You So
There was always the possibility that Al Gore, after making the hideously painful decision to concede the contested 2000 Presidential election to George W. Bush, would have to live out the remainder of his life as both a tragic loser and a tragic hero—someone who stood down in the name of the orderly transition of...
Oil Titans Clamor to Be Part of Climate Conversation
Executives are talking up their net zero plans, but there’s a risk the gap between rhetoric and reality becomes too wide. The Abu Dhabi International Petroleum Exhibition and Conference, or Adipec, is the most oily event imaginable: acres of halls filled with people selling pipes, pumps and drill bits — everything you need to get fossil fuels out...
Adnoc’s oil and gas emissions to increase by 40% by 2030, analysis finds
The president of Abu Dhabi’s state-owned oil company is set to host critical climate negotiations this autumn. he oil company run by the president of this year’s UN climate conference is set to increase the emissions from its oil and gas products by more than 40% by 2030, according to analysis by Global Witness. Abu...
Phase out or phase down? Fight over fossil fuels heats up in run-up to COP28
Fossil fuel use is set to be a key topic at the UN climate conference in Dubai – but tension is brewing. It’s two months until the UN’s Climate Change summit kicks off in Dubai and the fight over fossil fuels is already heating up. As leaders, officials and negotiators from more than 200 nations...
UAE’s president-designate for UN COP28 offers full-throated defense of nation hosting climate talks
UAE’s president-designate for UN COP28 offers full-throated defense of nation hosting climate talks. The Emirati president-designate for the upcoming United Nations COP28 climate conference offered a full-throated defense Saturday of his nation hosting the talks, dismissing those who “just go on the attack without knowing anything, without knowing who we are.” Climate activists roundly criticized Sultan...
Fossil fuel demand must fall by a quarter by 2030 to limit global warming, IEA says
Fossil fuel demand must fall by a quarter by the end of this decade if governments want to limit the rise in global warming to 1.5C since the pre-industrial period, the International Energy Agency has concluded. Coal, oil and natural gas will all need to be replaced by clean energy at a rapid rate to...
How to reach net zero five time faster
Outdated economic theories and a poor grasp of worst-case scenarios are behind our failure to curb carbon emissions, says climate policy expert Simon Sharpe – but it isn’t too late to change tack. IT IS easy to feel anxious about the state of the climate. July was the hottest month on record and hurricanes, floods and wildfires have recently ravaged many countries....
Al Gore Calls Out the Bankers ‘Profiting Hugely’ From Big Oil
Al Gore, the former US vice president turned climate crusader, says Big Oil and the banks backing it still have huge financial incentives to stick with fossil fuels, even though their decision to do so is the leading cause of the climate crisis. Bankers “are profiting hugely” from their role as lenders and advisers to...