Current UAE energy strategy foresees 50pc ‘clean’ electricity generation capacity by 2050
Letter from the Middle East: UAE mulls going net zero
The hydrocarbons producer could look to unlock certain benefits by being in the regional low-carbon vanguard
There are increasing hints the UAE may be about to make a commitment to net-zero carbon emissions. Although following several large developed countries as well as China, it would be a remarkable step for a leading and growing oil exporter. Such a decision would raise two important questions: why, and how? Net-zero commitments call for CO₂ and other greenhouse gas emissions to be reduced as far as possible and for any residual emissions to be mopped up, for instance by reforestation or direct removal of atmospheric CO₂. News agency Bloomberg suggested the UAE could make a declaration before the next UN climate conference, Cop26, in Glasgow this November, potentially linked to the UAE’s ambiti
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
