COP28 president-designate urges oil industry to phase out methane emissions by 2030, eliminate carbon intensity
COP28 President Designate Sultan Ahmed Al Jaber called upon the oil and gas industry to phase out methane emissions by 2030 and align in favour of comprehensive net-zero emission plans by or before 2050. Speaking at the inaugural UAE Climate Tech summit, Jaber, who is also UAE’s minister of industry and advanced technology and the chief executive of Abu Dhabi National Oil Company (ADNOC), said that while the world continues to use hydrocarbons, everything possible must be done to “reduce and eventually eliminate its carbon intensity”.
