Promises?
I’ve been away from writing here for some time since I am working on other projects. Nevertheless I feel compelled to share some things to watch at the coming COP28 Climate summit from an article in the Guardian. the Cop28 president, Sultan Al Jaber, is the CEO of the UAE’s state oil company, Adnoc. He contends that only someone in the fossil fuel industry can call the others to account.
He is also head of a renewables company. But here are some of the problems:
Adnoc has a terrible record in reducing emissions. They have huge expansion plans.
The United Arab Emirates also fail to report methane emissions for almost a decade.
The industries spend their profits on new exploration. It is clear that new resources become much more challenging to find - and getting them out of the ground costs energy in the process. That means our costs will rise to help them stay in business.
Renewables can’t come fast enough to save us, if they don’t change to renewables themselves.
So we can watch this rather bizarre scenario and see what happens!