The Fort Worth Press - UAE's Jaber, oil boss who brokered 'beginning of end' for fossil fuels

USD -
AED 3.672502
AFN 64.497487
ALL 81.118144
AMD 360.743464
ANG 1.789785
AOA 916.999741
ARS 1535.980903
AUD 1.425405
AWG 1.8025
AZN 1.703992
BAM 1.747272
BBD 2.014223
BDT 123.910645
BGN 1.747831
BHD 0.37736
BIF 2992.616283
BMD 1
BND 1.28047
BOB 11.855935
BRL 5.294752
BSD 1.000054
BTN 95.138718
BWP 13.795445
BYN 2.941694
BYR 19600
BZD 2.011337
CAD 1.404645
CDF 2315.999808
CHF 0.827275
CLF 0.0251
CLP 991.069996
CNY 6.678051
CNH 6.668925
COP 3172.18
CRC 455.262182
CUC 1
CUP 24.001537
CVE 98.508503
CZK 21.7763
DJF 178.084701
DKK 6.684396
DOP 61.205437
DZD 135.109199
EGP 56.178695
ERN 15
ETB 163.804155
EUR 0.89426
FJD 2.235702
FKP 0.747708
GBP 0.749485
GEL 2.58939
GGP 0.747708
GHS 11.625445
GIP 0.747708
GMD 73.999859
GNF 8850.751336
GTQ 7.644581
GYD 209.560055
HKD 7.844915
HNL 26.849631
HRK 6.737901
HTG 130.986148
HUF 328.241494
IDR 18153
ILS 3.082345
IMP 0.747708
INR 95.10945
IQD 1515.082481
IRR 1832374.999796
ISK 121.898506
JEP 0.747708
JMD 158.771424
JOD 0.708944
JPY 157.532504
KES 129.850201
KGS 87.449716
KHR 4077.348116
KMF 439.501638
KPW 899.999961
KRW 1327.600285
KWD 0.31077
KYD 0.833426
KZT 450.973998
LAK 22507.604826
LBP 89554.609574
LKR 332.292546
LRD 170.008621
LSL 16.631453
LTL 2.95274
LVL 0.60489
LYD 6.412679
MAD 9.823022
MDL 17.971064
MGA 4541.901363
MKD 54.964674
MMK 2099.851486
MNT 3598.994658
MOP 8.08144
MRU 40.21459
MUR 47.130244
MVR 15.460227
MWK 1734.123669
MXN 18.58152
MYR 4.085701
MZN 63.898588
NAD 16.631602
NGN 1345.450391
NIO 36.798306
NOK 9.328385
NPR 152.221592
NZD 1.761045
OMR 0.384484
PAB 1.00004
PEN 3.44761
PGK 4.549069
PHP 63.908041
PKR 276.741666
PLN 3.937988
PYG 5764.978626
QAR 3.655709
RON 4.783021
RSD 105.081011
RUB 80.799621
RWF 1478.619383
SAR 3.744737
SBD 8.07458
SCR 13.787614
SDG 601.497294
SEK 9.95315
SGD 1.280975
SHP 0.7473
SLE 22.949754
SLL 20969.504398
SOS 571.489831
SRD 37.691957
STD 20697.981008
STN 21.887898
SVC 8.750692
SYP 13001.999685
SZL 16.625646
THB 33.782988
TJS 9.225574
TMT 3.51
TND 2.987372
TOP 2.40776
TRY 49.7622
TTD 6.796771
TWD 32.588977
TZS 2645.019851
UAH 45.657837
UGX 4480.338773
UYU 40.103811
UZS 11968.60664
VES 879.788904
VND 25842.5
VUV 118.791596
WST 2.767791
XAF 586.595955
XAG 0.018446
XAU 0.000248546932
XCD 2.70255
XCG 1.802377
XDR 0.707052
XOF 586.595955
XPF 106.5435
YER 236.102833
ZAR 16.635699
ZMK 9001.201541
ZMW 20.135703
ZWL 321.999592
SSP 5745.299755
MXV 2.096381
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

UAE's Jaber, oil boss who brokered 'beginning of end' for fossil fuels
UAE's Jaber, oil boss who brokered 'beginning of end' for fossil fuels / Photo: © AFP

UAE's Jaber, oil boss who brokered 'beginning of end' for fossil fuels

Sultan Al Jaber, the UAE oil chief who headed COP28 in Dubai, promised that this year's UN climate talks would be "different". He did not disappoint.

Text size:

The towering Emirati, 50, was beaming in his grey dishdasha after he brought down the hammer on the first United Nations agreement calling for a transition away from fossil fuels.

It ended a Conference of the Parties (COP) of contradictions in the oil-rich United Arab Emirates, which is one of the world's biggest producers of crude.

Jaber is CEO of oil giant ADNOC as well as being the UAE's climate envoy and minister of industry and advanced technology. He is also chairman of renewable energy company Masdar.

His naming as COP28 chief drew conflict-of-interest concerns at a time of increasingly stark warnings about the urgency of transitioning away from hydrocarbons to have a hope of keeping climate targets in view.

Dozens of US and European lawmakers said Jaber's oil and gas links should disqualify him from the job. Hundreds of climate campaign groups called for him to quit either COP or ADNOC.

"COP28 is beset by a dark cloud of -- entirely warranted -- public scepticism," US Senator Sheldon Whitehouse said at the time.

But Jaber will now claim vindication after presiding over a deal described by UN climate chief Simon Stiell as the "beginning of the end" for fossil fuels.

"Together, we have confronted the realities and we have set the world in the right direction," Jaber told the cavernous auditorium on the outskirts of Dubai.

"We have given it a robust action plan to keep 1.5 within reach."

- High stakes -

Before COP, Jaber was in less jubilant mood, bristling at accusations of a conflict of interest.

"I'm someone who spent the majority of his career in sustainability, in sustainable economic development and project management, and renewable energy," he told AFP in July.

Indeed, he founded state-owned renewable energy company Masdar a decade before he took the helm of ADNOC with a mandate to "decarbonise" and "future-proof" the gas and petrol giant.

The stakes were exceptionally high for COP28.

The most ambitious goal of the 2015 Paris Agreement was to limit temperature rise to 1.5 degrees Celsius above pre-industrial levels, although UN climate experts warned this year that we are hurtling towards breaching that guardrail in the 2030s.

During months of frenetic travel that saw him criss-cross the planet, Jaber managed to win over some sceptics.

Harjeet Singh, of the influential coalition Climate Action Network International, said a turning point came in July, when Jaber wrote that "phasing down demand for, and supply of, all fossil fuels is inevitable and essential".

"He's very straightforward, he's open to listening," Singh told AFP, though the pair "agree to disagree" on several issues.

Those disagreements included the prominence given to fossil fuel lobbyists, whose accreditations numbered a record 2,456 in Dubai, according to campaign groups -- more than every national delegation apart from the UAE and Brazil.

- Strong start -

Another point of difference was Jaber's endorsement of controversial carbon capture technologies that trap emissions and store them permanently.

ADNOC made a commitment in July to achieve carbon neutrality by 2045 for its own operations.

But that target does not include emissions produced by the oil and gas burned by its customers, which account for the vast majority of its carbon footprint.

Jaber's COP started strongly when he passed a landmark loss and damage fund on day one, when the two-week meeting had barely started.

Talks then went into overtime, after a dispute over including "phasing out" or "phasing down" fossil fuels, before a compromise was struck and hastily passed on Wednesday.

S.Rocha--TFWP