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COP28 president says oil companies support 2050 net-zero goal

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By Maha El Dahan ABU DHABI (Reuters) -COP28 president Sultan al-Jaber said on Monday that more than 20 oil and gas companies were rallying around his calls ...

Church Brewing: where the customers are the congregation and the choir | SaltWireABU DHABI -COP28 president Sultan al-Jaber said on Monday that more than 20 oil and gas companies were rallying around his calls to curb carbon emissions ahead of a United Nations summit on climate change.

"We need a system-wide holistic transformation of entire economies - economies that currently run on the equivalent of 250 million barrels of oil, gas, and coal every single day," Jaber said at an oil and gas conference in Abu Dhabi. Jaber said that more than 20 oil and gas companies had positively answered calls to align around net zero by 2050, and to zero out methane emissions and eliminate routine flaring by 2030. He did not elaborate.Ahead of COP28, countries remain divided between those demanding a deal to phase out planet-warming fossil fuels, and nations that insist on preserving a role for coal, oil and natural gas.

 

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COP28 president says oil companies support 2050 net-zero goalBy Maha El Dahan ABU DHABI (Reuters) -COP28 president Sultan al-Jaber said on Monday that more than 20 oil and gas companies were rallying around his calls ...
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