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Cop28 president says his firm will keep investing in oil

The Guardian: Energy

Exclusive: Sultan Al Jaber says Adnoc has to meet demand for fossil fuels, and hails ‘unprecedented’ Cop deal The president of the Cop28 climate summit will continue with his oil company’s record investment in oil and gas production , despite coordinating a global deal to “transition away” from fossil fuels.

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? Good COP, Bad COP

Climate Tech VC

  Maybe it was the offer of warm sun in December, but this year’s COP drew 100K attendees, almost double the size of COP15 in Paris. Climate tech played its biggest role ever at COP this year. The oil & gas COP. This was the COP of the climate and O&G juxtaposition. The greenwashing was unavoidable.

COP 69
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Fossil Fuel-Linked Companies Dominate Sponsorship of COP27

DeSmogBlog

The findings underscore concerns over the role of the fossil fuel industry at the negotiations, known as COP27, which have become a focal point for deals to exploit African natural gas. These talks are supposed to be about moving us away from fossil fuels, phasing them out,” Sabido told DeSmog. Conflict of interest.

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£3.3 trillion fossil fuels subsidies by G20 countries since Paris Climate Agreement

Low Impact

We have to stop burning fossil fuels and leave them in the ground. It looks as though, in a corporate-dominated, growth economy, no fossil fuels are going to be left unburnt. Recently, Bloomberg NEF and Bloomberg Philanthropies produced a report on the scale and impact of global fossil fuel subsidies.

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EV charging deals and COP28 fossil fuel wrangles: BusinessGreen's most read stories of the week

Business Green

. - by Stuart Stone ( @sstone26 ) COP28: Hopes of fossil fuel 'phase out' hit by revelations of Saudi plan to boost oil demand Investigations reveal how Saudi Arabia is working on controversial plan to 'hook' developing economies on oil and gas. -

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Tortuous progress: Key takeaways from COP28

Envirotec Magazine

The headline commitment of COP28 was the pledge to transition away from fossil fuels. Many commentators also appeared to believe that the “UAE Consensus” – as the deal was dubbed – leaves plenty of scope to continue burning fossil fuels, while also being woefully short on the financial commitments required to realize its aims.

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Just Two Countries Mention Need to Cut Fossil Fuel Production at COP26 ‘Greenwashing’ Stands

DeSmogBlog

GLASGOW, SCOTLAND – Only two of the 35 stalls lauding countries’ green credentials at the COP26 UN climate summit mention the need to cut fossil fuel production — the chief cause of the carbon emissions driving climate change. . We urge all leaders to put people and the planet over the profit of the fossil fuel industry.”.