COP 28 President: Over 20 energy companies align around 2050 net-zero goal

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More than 20 oil and gas companies have positively answered calls to align around net zero by 2050, zero out methane emissions and eliminate routine flaring by 2030, COP28 president Sultan al-Jaber said on Monday at an energy conference.

"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," Jaber said as he addressed the oil and gas industry at the ADIPEC conference in Abu Dhabi.

categoryNorwegian electrolyser company Hystar will build a new factory outside Oslo from next year while also planning to expand into North America to benefit from investment incentives, it said on Monday.Former Dutch foreign minister Wopke Hoekstra will try to convince European Parliament lawmakers on Monday to approve him as the EU's next head of climate change policy, responsible for emissions-cutting measures in the world's third-biggest economy.

 

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