Current:Home > StocksFossil fuels influence and other takeaways from Monday’s climate conference events -Ascend Finance Compass
Fossil fuels influence and other takeaways from Monday’s climate conference events
View
Date:2025-04-25 01:52:37
The influence of the fossil fuel industry at the United Nations annual climate conference, commonly called COP28, was a focal point on Monday with the president of the talks pushing back against criticism that his role heading a fossil fuel company conflicted with the need to reduce fossil fuel use. Meanwhile, The Associated Press found that the number of people in Dubai affiliated with fossil fuel interests had substantially grown compared with previous years.
Adding to the criticism was former U.S. Vice President Al Gore, who noted the conflict in COP28 President Sultan al-Jaber’s dual roles — leading the conference and an oil company — and said it “goes to the heart” of whether the world can prevent even more dangerous warming.
Leaders also focused on the problem of financing renewable energy and climate projects. Climate change will require expending tremendous resources and that burden will fall especially hard on developing countries.
Takeaways from Monday’s events in Dubai:
Al-JABAR GETS PRICKLY
Al-Jaber, who heads Abu Dhabi National Oil Co., bristled over media scrutiny of comments recently published by The Guardian newspaper where he said in part, “Please, help me, show me for a phase-out of fossil fuel that will allow for sustainable socio-economic development, unless you want to take the world back into caves.”
The comments were made during a conversation with three women involved with climate activism and gender in November. He was off camera addressing questions about the oil company’s increased investment in oil and gas production and the importance of quickly phasing out fossil fuels.
“There is no science out there, or no scenario out there that says that the phase-out of fossil fuel is what’s going to achieve 1.5 (degrees Celsius) — 1.5 is my North Star. And a phase-down, and a phase-out of fossil fuel, in my view, is inevitable, it is essential, but we need to be real, serious and pragmatic about it,” he said in the November video.
When asked about those comments at a press conference Monday, al-Jaber said he believes in science and was “laser-focused” on limiting warming to 1.5 degrees compared with pre-industrial times. He went through a long list of achievements at the conference, criticizing the media for not making that the focus of its headlines.
“I am quite surprised with the constant and repeated attempts to undermine the work of the COP28 presidency and the attempts to undermine the message that we keep repeating when it comes to how much we respect the science,” he told the room of journalists.
He took two questions.
The United Arab Emirates does not have freedom of the press and its leaders are unaccustomed to probing, critical questions from independent media.
AL GORE INTERVIEW
One of the critics of al-Jaber’s leadership is former U.S. Vice President Al Gore, who said in an interview with The Associated Press that the UAE leader had “a direct conflict of interest” because of his position as head of an oil company.
Abu Dhabi National Oil Co. not only is trying to increase its production, but it is “one of the largest and one of the dirtiest, by many measures, oil companies in the world,” Gore said.
Gore said the oil and gas sector, including ADNOC, doesn’t properly disclose emissions, according to a carbon pollution-tracking database that Gore helped put together and just updated called Climate TRACE.
“The Abu Dhabi National Oil Company still claims to have no emissions from methane or anything else from the transport of oil and gas. Well, actually, they do. We can see them from space,” Gore said.
BIG FOSSIL FUEL PRESENCE
Al-Jaber’s leadership in the oil and gas sector is only a piece of the industry’s influence and presence at the conference in Dubai. The Associated Press analyzed registrants for this year’s climate talks and found at least 1,300 representatives of fossil fuel interests. That’s more than three times the number the AP found in an analysis of last year’s talks.
Those representatives are just a small piece of overall registrations nearly double that of last year’s talks.
Activists have long questioned their presence at an event where meaningful negotiations have to take aim at the heart of their businesses. But the energy interests that sent representatives said the fact that they account for a big part of the world’s emissions is the very reason they need to be there.
CLIMATE FINANCING
Leaders focused on the enormous financial costs of climate change that will fall especially hard on countries that weren’t responsible for the bulk of planet-warming greenhouse gas emissions. Countries will have to pay to adapt to climate change and react to disasters. Some progress on the issue was made soon after talks opened with the establishment of a fund to help countries damaged by climate change.
Major world financial institutions including the World Bank committed to writing loans that allow countries to pause debt payments when they are hit by disaster.
And ahead of the day, more than 200 advocacy groups, including Climate Action Network International and 350.org, called for changes to a financial system that they say benefits traditional institutions like fossil fuel companies while suffocating low-income countries with debt. These problems call for debt cancellation and investment in renewable energy — solutions that need to be led by local communities.
The president of the World Bank, Ajay Banga, said he wants his institution to increase climate finance quickly.
“We cannot make climate only about emissions,” he said.
__
Associated Press writers Jon Gambrell, Seth Borenstein, Sibi Arasu and Jamey Keaten contributed from Dubai.
__
The Associated Press receives support from the Walton Family Foundation for coverage of water and environmental policy. The AP is solely responsible for all content. For all of AP’s environmental coverage, visit https://apnews.com/hub/climate-and-environment
veryGood! (794)
Related
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Tan France Reveals How Angel Pal Gigi Hadid Helped Him During His Early Days of Fatherhood
- Iconic Christmas tree at Rockefeller Center to be illuminated
- Proof Travis Kelce's Mom Donna Kelce Is Saying Yes Instead of No to Taylor Swift
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Families of Palestinian students shot in Vermont say attack was targeted: 'Unfathomable'
- Finland closes last crossing point with Russia, sealing off entire border as tensions rise
- Man charged with shooting 3 Palestinian college students accused of harassing ex-girlfriend in 2019
- Don't let hackers fool you with a 'scam
- Texas man sentenced 2 years in prison for threatening Georgia election workers after 2020 election
Ranking
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Winds topple 40-foot National Christmas Tree outside White House; video shows crane raising it upright
- Sweden’s economy shrinks in the third quarter to signal that a recession may have hit the country
- Why Swifties Think Taylor Swift and Ex Joe Alwyn’s Relationship Issues Trace Back to 2021
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- From tapas in Vegas to Korean BBQ in Charleston, see Yelp's 25 hottest new restaurants
- Canned water company Liquid Death rebrands 'Armless Palmer' drink after lawsuit threat
- Her bladder stopped working, and her whole world changed. Here's how she fixed it.
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Electric vehicles have almost 80% more problems than gas-powered ones, Consumer Reports says
3 people dead, 1 hospitalized after explosion at Ohio auto shop
Retro role-playing video games are all the rage — here's why
Travis Hunter, the 2
Former WWE star Tammy Sunny Sytch gets over 17 years in prison for deadly DUI crash
Coal-producing West Virginia is converting an entire school system to solar power
Netflix's 'Bad Surgeon' documentary dives deep into the lies of Dr. Paolo Macchiarini