The company, whose CEO will lead the upcoming U.N. climate summit, is pledging lofty goals for cutting pollution. But it has a “high” probability of failing to meet them, a document obtained by POLITICO’s E&E News says. The oil and gas executive helming the next United Nations climate summit warned world leaders in September that global warming...
Tag: UNClimateSummit
Mideast crisis could alter outcomes of upcoming UN climate summit
A little more than a month remains before the start of the next United Nations Climate Summit, known as COP28, taking place in Dubai. But the already fraught talks are facing another potential obstacle: the threat of regional Mideast instability following Hamas’ terrorist attacks in Israel. Why it matters: At COP28, countries are tasked with weighing actions...
Cop28 president’s company explored dropping ‘oil’ from its name
Abu Dhabi National Oil Company voiced concern about ‘potential criticism’ in green rebranding brief to ad agencies A Middle Eastern oil company led by the man chairing this year’s UN climate summit considered dropping “oil” from its name in green rebranding attempt. Leaked documents reveal that executives at the Abu Dhabi National Oil Company made...
Can a global fee on oil imports help address climate damages?
Countries that import the most oil will have to make the biggest contribution to the fund The biggest achievement at the annual United Nations climate summit last year was committing to create a fund that would compensate the poorest for destruction wrought by global warming. One of the questions at the upcoming COP28 summit will...
UAE defends Big Oil’s role at UN climate summit it will host
BERLIN (AP) — A senior United Arab Emirates official says the Gulf nation wants the U.N. climate summit it’s hosting later this year to deliver “game-changing results” for international efforts to curb global warming, but doing so will require having the fossil fuel industry at the table. Environmental campaigners have slammed the presence of oil...