cross-posted from: https://slrpnk.net/post/4727784
To be clear: phasing out fossil fuels is the biggest thing we can do to stabilize temperatures. Opec getting mad is a good sign.
This is the best summary I could come up with:
The Opec oil cartel has warned its member countries with “utmost urgency” that “pressure against fossil fuels may reach a tipping point with irreversible consequences” at Cop28, in leaked letters seen by the Guardian.
“These letters show that fossil fuel interests are starting to realise that the writing is on the wall for dirty energy,” said Mohamed Adow, of the NGO and thinktank Power Shift Africa.
However, Fatih Birol, head of the International Energy Agency, said recently that CCS technology will never scale up to cover the emissions of the oil and gas sector if they carry on with business as usual: “It’s a fantasy, an illusion.”
Heavy dependence on CCS to reach net zero targets around 2050 would also be “highly economically damaging”, costing at least $30tn more than a renewable energy route, according to a report published on 4 December by University of Oxford researchers.
The Guardian revealed on Sunday that Sultan Al Jaber, the Cop28 president and CEO of the UAE’s state oil company, said shortly before the summit that “there is no science out there that says that the phase-out of fossil fuel is what’s going to achieve 1.5C”, a statement rejected by many scientists.
Katrin Ganswindt, at the German NGO Urgewald, said: “Opec’s plea is a desperate cry from an industry addicted to a one-track expansion business model that has no place in a 1.5C-aligned world.
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