By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AmextaFinanceAmextaFinance
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
AmextaFinanceAmextaFinance
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
AmextaFinance > Markets > Commodities > US, EU lawmakers push to depose UAE’s Jaber from climate talks
Commodities

US, EU lawmakers push to depose UAE’s Jaber from climate talks

News Room
Last updated: 2023/05/23 at 12:29 PM
By News Room
Share
3 Min Read
SHARE

By Gloria Dickie and Kate Abnett

LONDON (Reuters) -Over 100 members of the U.S. Congress and European Parliament called on Tuesday for Sultan al-Jaber to be removed as the designated head of the upcoming COP28 climate talks, saying the oil exec’s appointment threatened the integrity of negotiations.

Jaber, who heads the United Arab Emirates oil giant Abu Dhabi National Oil Company, was chosen in January to lead the talks. He also serves as the UAE’s ministry of industry and technology as well as its climate envoy.

In a letter sent to U.S. President Joe Biden, European Commission President Ursula von der Leyen and the United Nations, the lawmakers voiced “profound concern” that private sector polluters would be able to “exert undue influence” on the climate negotiations, to be held in Dubai later this year.

“We urge you to … engage in diplomatic efforts to secure the withdrawal of the president-designate of COP28,” they wrote.

Signatories included U.S. Democratic senators Bernie Sanders and Elizabeth Warren. Most EU signatories hailed from the Greens and Left groups.

Scientists and climate activists have expressed dismay at Jaber’s appointment, taking it as a sign that big industry has commandeered the global response to the climate crisis.

More than 600 fossil fuel lobbyists were present at the COP27 climate talks held in Egypt last year.

A spokesperson for the COP28 president’s office highlighted Jaber’s long career in the renewable energy sector.

“We believe that Dr. Sultan’s experience … working across the energy spectrum, coupled with his experience as a senior global industry leader, are assets that will help drive the UAE’s transformative approach to COP28,” the spokesperson said.

Jaber previously told Reuters that he had “no intention” of deviating from the Paris Agreement goal of limiting global warming to 1.5C degrees above pre-industrial levels.

“Keeping 1.5 alive is a top priority and it will cut across everything I do,” he said.

This is not the first time that lawmakers have called for Jaber’s removal.

Shortly after his appointment, 27 Democratic members of the U.S. Congress sent a letter to top U.S. climate envoy John Kerry urging him to persuade the future U.N. climate summit host to withdraw its pick of Jaber.

Others have thrown their support behind the oil exec. On Monday, EU climate policy chief Frans Timmermans told a European Parliament meeting that “if we want the energy transition to succeed, we have to get the energy companies on board.”

“Vilifying them and ignoring them is not going to get the dynamics going in terms of the energy transition, and Dr. Sultan Al Jaber has also a long track record of investing in renewables within his company,” Timmermans said.

Read the full article here

News Room May 23, 2023 May 23, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
How To ‘Invest’ In Private Companies Like OpenAI And SpaceX

Watch full video on YouTube

Where smart investors are moving cash in a volatile market

Watch full video on YouTube

How Stock Markets Might React After The Federal Reserve’s December Meeting

This article was written byFollowChris Lau is an individual investor and economist…

India’s airports in chaos as largest airline cancels hundreds of flights

Stay informed with free updatesSimply sign up to the Airlines myFT Digest…

How Zillow changed the way people buy, sell and rent homes

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

Commodities

Russia mulls extra tax for some commodities exports, including metals – sources

By News Room
Commodities

Gold prices tumble as Fed talks higher rates

By News Room
Commodities

Crude oil prices endure downturn amid U.S. interest rate hike anticipation

By News Room
Commodities

China approves export licences for chip materials gallium, germanium

By News Room
Commodities

European energy crisis: ECB, IEA and EIB to strategize on systematic transition amid soaring prices

By News Room
Commodities

Federal Reserve interest rate signals prompt oil price dip

By News Room
Commodities

Oil prices inch closer to $100 per barrel amid inflation concerns

By News Room
Commodities

Brent Crude Prices May Hit $120 per Barrel, Warns JPMorgan

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

YOUR EMAIL HAS BEEN CONFIRMED.
THANK YOU!

Welcome Back!

Sign in to your account

Lost your password?