COP28: Oil firms face Challenges
Sudan Events – Sumaya Sayed
King Charles III, Pope Francis and COP28 President Sultan Al Jaber might grab headlines at next week’s COP28 in Dubai, but they are not the only people who will play an important role at the crunch UN climate conference.
Negotiators, activists and the leaders of vulnerable small island nations are all key to shaping the November 30 to December 12 talks.
Oil and gas firms will face a crucial choice, next week between contributing to the climate crisis or embracing the clean energy transition, the International Energy Agency said Thursday.
The future of fossil fuels that play a massive role in climate change will be at the heart of COP28 negotiations in Dubai, as the world struggles to meet the goal of limiting warming to 1.5 degrees Celsius.
“The oil and gas industry are facing a moment of truth at COP28 in Dubai,” IEA Executive Director Fatih Birol said ahead of the November 30-December 12 conference.
“With the world suffering the impacts of a worsening climate crisis, continuing with business as usual is neither socially nor environmentally responsible,” he said