UAE oil executive says energy companies support 2050 net-zero goal

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ABU DHABI, Oct 2 — A top Emirati oil executive said today that more than 20 oil and gas companies were rallying around his calls to curb carbon emissions ahead of a United...

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A person walks past a"#COP28" sign during The Changemaker Majlis, a one-day CEO-level thought leadership workshop focused on climate action, in Abu Dhabi, United Arab Emirates, October 1, 2023. — Reuters picABU DHABI, Oct 2 — A top Emirati oil executive said today 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.

“For too long, this industry has been viewed as part of the problem, that it’s not doing enough and in some cases even blocking progress,” COP28 president Sultan al-Jaber said at an oil and gas conference in Abu Dhabi. “This is your opportunity to show the world that, in fact, you are central to the solution,” he said, addressing major energy companies.

Jaber said that more than 20 oil and gas companies had positively answered calls to align around net zero by 2050, zero out methane emissions and eliminate routine flaring by 2030. He did not elaborate.

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UAE oil executive says energy companies support 2050 net-zero goalABU DHABI, Oct 2 — A top Emirati oil executive said today that more than 20 oil and gas companies were rallying around his calls to curb carbon emissions ahead of a United...
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