Oil chief leading COP28 climate summit urges energy industry to 'up its game' to reduce emissions

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The head of the United Arab Emirates' state oil company was seen as a controversial choice to lead the COP28 climate talks in Dubai later this year.

"Alongside all industries, the oil and gas sector needs to up its game, do more and do it faster," Abu Dhabi National Oil Company CEO Sultan al-Jaber said during a keynote speech at CERAWeek.The chief executive of one of the world's biggest oil companies, who will lead talks at the COP28 climate summit later this year, called on the energy industry to "up its game" to reduce emissions.

In a keynote speech to attendees gathered in Houston, Texas, for the CERAWeek conference — widely regarded as one of the biggest events on the calendar for the energy industry — Abu Dhabi National Oil Company CEO Sultan al-Jaber emphasized the "integral" role that the oil and gas sector plays in tackling the climate emergency.

"Energy leaders in this room have the knowledge, experience, expertise, and the resources needed … to address the dual challenge of driving sustainable progress while holding back emissions," al-Jaber said Monday. "It is this industry's opportunity to reinvent itself and lead again," he added. "Let me call on you to decarbonize quicker, future-proof sooner and create the energy system of the future today."

 

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The ozone is on track to be fully healed. This is just squeezing the price of energy. USA and Europe never learn we’re getting scammed.

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