Big Oil, heavy industry discuss emission curbs ahead of COP28

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ABU DHABI: Major oil and gas company chiefs held discussions with heavy industry bosses on Sunday (Oct 1) in the United Arab Emirates in an effort to agree a firm commitment to reduce carbon emissions ahead of a United Nations climate summit next month. The COP28 summit is scheduled to take place in Dubai

ABU DHABI: Major oil and gas company chiefs held discussions with heavy industry bosses on Sunday in the United Arab Emirates in an effort to agree a firm commitment to reduce carbon emissions ahead of a United Nations climate summit next month.It is seen as a crucial opportunity for governments to accelerate action to limit global warming with reports so far showing countries are off track to meet promises to limit the rise in global temperatures to 1.5 degrees Celsius.

Amin said the aim was to get major industry players to make decarbonisation commitments that would help limit global warming. The meeting, convened by COP28 president Sultan al-Jaber, was attended by US Climate Envoy John Kerry and tackled issues such as commercializing hydrogen, scaling up carbon capture technologies, methane elimination and increasing renewable energy, a statement by COP28 said.

The inclusion of oil and gas representatives is a far cry from the 2021 UN climate change summit in Scotland, where energy companies complained they were shut out of the event.

 

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