London — The oil company ran by COP28 chief Sultan al-Jaber is on course to increase the emissions from its oil and gas operations by more than 40 percent by 2030 compared to 2023 - almost the exact opposite of what the United Nations and the world's leading climate scientists say is needed to cap heating at 1.5C.
"At a time when we need a rapid, equitable and widespread reduction in the pollution we produce, Al-Jaber presides over a firm that is planning an oil and gas production bonanza. This Jekyll and Hyde presidency of crucial climate negotiations is now a critical concern. Using Rystad we ascertained that ADNOC's operated production will amount to 1.3 billion barrels of oil equivalent in and 87.88 billion cubic metres of gas in 2030
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Africa: COP28 President-Designate Rallies Oil and Gas Industry to DecarbonizePress Release - COP28 President-designate Dr. Sultan Al Jaber called on the oil and gas industry to rally around ambitious decarbonization targets as part of the COP28 Presidency’s Action Agenda to fast-track the energy transition and keep 1.5C within reach.
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