Wednesday, April 5, 2023

Revealed: UAE plans huge oil and gas expansion as it hosts UN climate summit

The CEO of the UAE's national oil company, Adnoc, has been controversially appointed president of the UN's Cop28 summit in December, which is seen as crucial with time running out to end the climate crisis. But Sultan Al Jaber is overseeing expansion to produce oil and gas equivalent to 7.5bn barrels of oil, according to new data, 90% of which would have to remain in the ground to meet the net zero scenario set out by the International Energy Agency...

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