A draft agreement from the UN’s COP28 climate summit has dropped references to the phaseout of fossil fuels, triggering a backlash from countries that accuse Saudi Arabia and other petrostates of thwarting efforts to tackle global warming.The document, which will have to be agreed on by almost 200 countries at the summit in Dubai, sets...
State oil company’s huge expansion plans make its CEO’s role as president of UN climate summit ‘ridiculous’, say researchers. The state oil company of the United Arab Emirates, whose CEO will preside over imminent UN climate negotiations, has the largest net-zero-busting expansion plans of any company in the world, according to new data. Sultan Al Jaber...
Oil-rich Gulf states have positioned themselves as both champions of climate innovation and guardians of fossil fuel interests — a balancing act experts warn could derail action at COP28 in Dubai. This year’s United Nations climate summit is being chaired and hosted by the United Arab Emirates, a country dubbed “an oil company with a...