Record View questions whether oil barons should be leading climate change talks at the upcoming summit
An oil baron leading climate change talks sounds like a joke, doesn’t it? But at the UN COP28 summit in Dubai later this year, that’s exactly what is set to happen.
Whatever the merits of Al Jaber as a diplomat, this is a confounding, scarcely believable decision that will confirm the worst fears of many activists: that the COP process – which is supposed to help drive down emissions and steer the planet away from catastrophic climate breakdown – has been compromised.
It’s not that fossil fuel companies don’t have a role to play in tackling climate change – of course they do. But frankly, their key role should be ramping up investment in low-carbon energy while reducing production of hydrocarbons. Despite years of scrutiny and probes by the Consumer and Markets Authority, Viagogo has done little to shed its dodgy seller clientele. The latest fiasco has meant scores of Ricky Gervais fans were left outside while the comic performed a gig that could have sold out many times over.
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Abu Dhabi oil chief appointed president of COP28 climate summit\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
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