African Nations Tell COP27 Fossil Fuels will Tackle Poverty
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11 November 2022 09:00 WIB
"BP's CEO Bernard Looney discussed with the president and the minister of energy more exploration for gas in Mauritania," Vall said, adding the discussion was mostly about hydrogen.
A spokesperson at BP confirmed the CEO's attendance at the event and said BP was assessing the suitability of the wind and solar resources for large-scale renewable power generation and the production of hydrogen from renewable energy.
Chancellor Olaf Scholz of Germany, the European country most exposed to the disruption of Russian gas supplies, in May said it wanted to pursue gas projects with Senegal.
Germany's climate envoy Jennifer Morgan said, however, the race to replace missing gas from Russia would lead the overall use of gas to peak earlier than previously foreseen and that gas supply contracts would be short-term to avoid locking in years of carbon emissions.
Saying Germany was prioritizing clean energy, she also cited a German deal to help fund Kenya's efforts to have a fully-renewable energy system by 2030.
Warmer Ties with Oil and Gas
Government officials and executives said the interest of Egypt, host to the U.N. climate summit, in developing its resources had led to a thawing in attitudes towards oil and gas companies.
The United Arab Emirates, a member of the Organization of the Petroleum Exporting Countries, will host next year's U.N. summit and has said it will supply oil and gas for as long as the world needs it.
At last year's U.N. climate summit in Glasgow, the oil and gas industry's leaders were conspicuous by their absence after companies did not meet criteria set by the British organizers that required science-based plans for emissions reductions.
Scientists and other energy experts have said investment in fossil fuels must cease if there is any chance of limiting global warming to 1.5 degrees Celsius, the point beyond which climate impacts are expected to worsen significantly.
Gas projects already planned by countries could take up 10% of the world's remaining carbon budget, or the amount of carbon dioxide that can be emitted before global temperatures exceed 1.5C above pre-industrial temperatures, the research collaboration Climate Action Tracker said in a new analysis.
Those already-planned projects include new gas drilling in Canada and liquefied natural gas (LNG) import capacity in Germany and Vietnam, CAT said.
Some 636 fossil fuel lobbyists were registered to attend COP27, another report from a group of organizations that analyzed the U.N.'s provisional list of attendees found. The organizations include Corporate Accountability, Corporate Europe Observatory, and Global Witness.
That's 100 lobbyists more than attended the Glasgow COP26 summit last year, the group said. The analysis also counted delegation members acting on behalf of their country's fossil fuel industry.
REUTERS
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