Shambala estates maui12/6/2023 “Yet the world will break down if we do not fix energies we use today, mitigate their emissions at a gigaton scale, and rapidly transition to zero carbon alternatives.”Īs if anticipating critiques, al-Jaber added: “Is it enough? Hear me out, please. “The world does not work without energy,” said al-Jaber, speaking in a session on the oil industry. Signing on to the pledge were major national oil companies such as Saudi Aramco, Brazil’s Petrobras and Sonangol, from Angola, and multi-nationals like Shell, TotalEnergies and BP. Al-Jaber has maintained that having the industry’s buy-in is crucial to drastically slashing the world’s greenhouse emissions by nearly half in seven years to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) compared with pre-industrial times. The announcement by Sultan al-Jaber, president of the climate summit known as COP28 and head of the Abu Dhabi National Oil Co., comes as he and others have insisted his background would allow him to bring oil companies to the negotiating table.
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