A major oil exporter is hosting a UN climate summit. Opinions are divided

  • Date: 17-Jan-2023
  • Source: Egypt Independent
  • Sector:Oil & Gas
  • Country:UAE
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A major oil exporter is hosting a UN climate summit. Opinions are divided

Abu Dhabi, UAE CNN — This year’s COP28 climate summit is mired in controversy, held in one of the world’s biggest oil exporting nations – the United Arab Emirates – and headed by one of the most prominent faces in its oil industry .

Environmental activists have cried foul, arguing that the climate debate has been hijacked by the fossil fuel lobby to protect the profit-maximizing agendas of petrostates.

The UAE’s involvement has sparked a discussion on whether there’s a place in the climate space for countries that rely primarily on fossil fuel exports for their income. And opinions are split.

Sultan Al Jaber, who will preside over the November summit, wears two very prominent hats in the UAE. Aside from being the CEO of the Abu Dhabi National Oil Company (ADNOC), he is also the UAE’s climate envoy, tasked with spearheading its energy policy. He took on the climate portfolio over a decade before becoming a top oil executive, helping launch the state’s clean energy company Masdar in 2006 and bringing the International Renewable Energy Agency’s headquarters to Abu Dhabi in 2009.

The message the UAE is sending is that both fossil fuels and renewable energy must be part of the global energy