UAE to Remain Oil and Gas Supplier as Long as Necessary

UAE to Remain Oil and Gas Supplier as Long as Necessary

The United Arab Emirates (UAE) will remain a supplier of gas and oil “as long as necessary,” President Mohammed bin Zayed al-Nahyan said at the UN’s COP27 climate summit.

According to him, the UAE is seen as “a responsible supplier of energy”. This year’s climate summit is in Sharm el-Sheikh, Egypt.

Next year, world leaders will travel to Dubai in the UAE. Then there must be an evaluation of the extent to which countries are on track to achieve the targets agreed upon in the Paris Climate Agreement.

In 2015 it was agreed in Paris to limit global warming to well below 2 degrees – and preferably to 1.5 degrees. However, according to the UN Environment Agency, the earth is now on track to be about 2.5 degrees warmer by the end of this century.

To achieve the targets, greenhouse gas emissions must be drastically reduced. These emissions are, among other things, released from the use of fossil fuels.

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