Oil and Gas Companies Make Concessions on Methane and Emissions at COP28 Conference

“Many more oil and gas companies made concessions on methane and emissions for the first time. Our final agreement talks about fossil fuels.” This was announced last year at the closing plenary session of COP28 by the president of the conference, Sultan Ahmed al-Jaber, who is also the head of the Abu Dhabi National Oil Company. This year, the organization of the conference has been handed over to Azerbaijan, a country whose main exports are oil and natural gas.

Last year, from November 30 to December 12, the annual meeting of the member states of the United Nations General Convention on Climate Change, or the so-called COP28, took place. The purpose of these meetings is to fight against climate change, including last year all the countries of the world were supposed to jointly agree on a new direction of development in order to reduce the negative consequences caused by the climate.

All the agreements reached during the conference were overshadowed by the fact that it was held in one of the world’s largest oil-producing countries – the United Arab Emirates (UAE). Also, the fact that Sultan Ahmed Al-Jaber of the UAE was chosen as the president of COP28, who, in parallel with the position of the Minister of Industry and High Technologies, also holds the position of the head of the Abu Dhabi National Oil Company (ADNOC).

COP28 President al-Jaber also managed to clash with scientists during the conference, saying there was “no science” to justify phasing out fossil fuels to limit global warming to 1.5 degrees. Al-Jaber had also said that giving up fossil resources would lead the world back to “caves”.

2024-01-21 22:02:00
#Petrocracy #hold #climate #conference #year #row #correct