A COP to be remembered
Petro-states leading the charge away from fossil fuels is an unexpected turn in the great energy transition.
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Petro-states leading the charge away from fossil fuels is an unexpected turn in the great energy transition.
The ESG model has proven to a large part to have been made up of smoke and mirrors.
Expect a more radical conclusion to this year’s COP than most would have thought possible.
From the outset, the organisers have made it clear that fossil fuels will be needed for the indefinite future.
Holding a COP in one of the world’s most committed producers of oil is certainly a provocative move. Yet the UAE wants – and needs – this conference to be successful.
At COP28, the problem of low-emitting, poor countries paying the highest price for climate change will be high on the agenda.
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