Abu Dhabi steps on the emissions-reduction accelerator
State-owned energy companies are intensifying efforts to decarbonise the emirate’s crude oil production and carve out a leading role in the nascent global hydrogen trade
The UAE’s decision to name the CEO of state oil company Adnoc, Sultan Ahmed al-Jaber, as president of the Cop28 climate change summit in Dubai later this year generated predictable criticism from many quarters. However, the firm and its state owner are doubling down on the argument that one of the world’s largest oil producers can also be a pioneer of decarbonisation and clean energy. Jaber’s appointment to the Cop28 role—a choice less jarring when considering his eight years as the UAE’s special envoy for climate change—is symptomatic of Abu Dhabi’s contention that the world will continue to need its cheap-to-extract oil for decades, despite accelerating decarbonisation. The state’s focus i
Also in this section
10 January 2025
Global energy demand keeps rising, and digital technology will play a crucial role in both meeting that demand and doing so in a sustainable way
8 January 2025
If they are ambitious enough, NDCs can provide investable pathways to deliver each country’s energy transition and keep the world on track to limit global warming
2 January 2025
The hurdles standing in the way of rapid move away from fossil fuels are proving harder to clear than first thought
31 December 2024
Governments, developers, investors and lenders are keen to support and scale up cutting-edge energy transition projects, but funding such projects will require innovative financing and strategic collaboration