UAE is a reliable supplier of some of world’s least carbon-intensive oil and gas: Sultan Al Jaber

UAE is a reliable supplier of some of world’s least carbon-intensive oil and gas: Sultan Al Jaber

ABU DHABI, 18th August, 2022 (WAM) -- Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of the Abu Dhabi National Oil Company (ADNOC), and the UAE’s special envoy for climate change, has said that record growth in renewables, representing over 80 percent of all new power-generating capacity last year, is the clearest sign yet that the energy transition is gathering pace.

"But recent events have shown that unplugging the current energy system before we have built a sufficiently robust alternative puts both economic and climate progress at risk – and calls into question whether we can ensure a just transition that is equitable to all," he wrote in his article published in Project Syndicate, an international media organisation that publishes and syndicates commentary and analysis on a variety of global topics.

It produces and delivers original, high-quality commentaries to a global audience, featuring exclusive contributions by prominent political leaders, policymakers, scholars, business leaders, and civic activists from around the world.

Al Jaber said that a successful energy transition must be built on progress for the economy and the climate together.

Following is the article in full.

Record growth in renewables, representing over 80 percent of