A flurry of summits all focused in one way or another on climate change, or at least acknowledgement that the global energy transition is needed to keep temperatures from rising.
The Associated Press
“We cannot ignore or say we are going to abandon certain production. It’s just not the right time, whatever reason you have,” he said, adding that doing so would make prices too high for millions around the world. To drive home the argument, proponents of more fossil fuel investments pointed repeatedly to current high oil and gas prices as reminders of the global demand for oil. There was near derision at times that countries like the United States, the U.K. and others are calling for fossil fuel use to ramp down in the long term but also pleading for more oil to bring down prices for consumers.
OPEC, weighted by Saudi Arabia, projects that more oil will be needed through 2040 and beyond, particularly in Asia. The argument made repeatedly by Sultan al-Jaber, who is both the UAE's Special Envoy for Climate Change and Managing Director of Abu Dhabi's state-owned oil company, is that the energy transition will take time. And in that period of time, he says, the world will need more oil and gas.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fossil fuel backers overshadow climate change talks in DubaiA flurry of summits this week across Dubai focused in one way or another on climate change, or at least acknowledgement the global energy transition is needed to keep temperatures from rising. The fault lines, however, lie on when and how to achieve this.
Read more »
Clean energy ready to replace fossil fuel, environmentalist saysICYMI on KPBS Midday Edition: Author and environmentalist Bill McKibben talks about what it will take to move away from carbon-emitting fossil fuels and toward cleaner sources of energy.
Read more »
Let’s Prove Putin Wrong On European Fossil Fuel Addiction!Putin is convinced that Europeans are so obsessed with their cars that they will not quit using them, Lets prove him wrong!
Read more »
Bravo releases first-look teaser trailer for ‘The Real Housewives of Dubai’The show marks the 11th installment in the “Real Housewives” family and the first international series.
Read more »
Is Dubai the Next Great Food Destination?Not long ago, the Persian Gulf city tried to reel in visitors with celebrity “guest” chefs and flashy fare. But the food scene is evolving radically, offering tastes of harder-to-come-by cuisines.
Read more »