Zürcher Nachrichten - UAE: fossil fuel power and COP28 host

EUR -
AED 4.241855
AFN 72.754432
ALL 96.085419
AMD 435.786045
ANG 2.067238
AOA 1058.976619
ARS 1584.416613
AUD 1.668657
AWG 2.081577
AZN 1.963562
BAM 1.958501
BBD 2.324366
BDT 141.598951
BGN 1.973957
BHD 0.4371
BIF 3429.837876
BMD 1.154828
BND 1.483084
BOB 7.992229
BRL 6.039519
BSD 1.154021
BTN 108.748324
BWP 15.866361
BYN 3.465669
BYR 22634.620324
BZD 2.321041
CAD 1.59793
CDF 2639.364949
CHF 0.916119
CLF 0.026908
CLP 1062.27995
CNY 7.978876
CNH 7.987226
COP 4265.678972
CRC 535.051764
CUC 1.154828
CUP 30.602931
CVE 110.419186
CZK 24.48783
DJF 205.509637
DKK 7.471699
DOP 69.577759
DZD 153.567517
EGP 60.919445
ERN 17.322414
ETB 178.357225
FJD 2.596341
FKP 0.863621
GBP 0.864129
GEL 3.112263
GGP 0.863621
GHS 12.616672
GIP 0.863621
GMD 84.881166
GNF 10116.864079
GTQ 8.828404
GYD 241.439229
HKD 9.036947
HNL 30.644056
HRK 7.535594
HTG 151.132345
HUF 387.707374
IDR 19533.908305
ILS 3.605952
IMP 0.863621
INR 108.504369
IQD 1511.824159
IRR 1516461.819995
ISK 142.794582
JEP 0.863621
JMD 181.370119
JOD 0.818764
JPY 184.255628
KES 150.011361
KGS 100.990148
KHR 4621.4733
KMF 493.110949
KPW 1039.411558
KRW 1738.569596
KWD 0.354798
KYD 0.961751
KZT 555.968746
LAK 24926.915142
LBP 103344.902703
LKR 362.949956
LRD 211.76754
LSL 19.74324
LTL 3.409906
LVL 0.698544
LYD 7.369162
MAD 10.774645
MDL 20.270569
MGA 4809.737001
MKD 61.728412
MMK 2425.11916
MNT 4138.703025
MOP 9.299606
MRU 46.033882
MUR 53.849906
MVR 17.842152
MWK 2001.120298
MXN 20.502867
MYR 4.612359
MZN 73.795522
NAD 19.74324
NGN 1600.175159
NIO 42.469671
NOK 11.138601
NPR 173.997719
NZD 1.996437
OMR 0.444039
PAB 1.154016
PEN 3.993912
PGK 4.986964
PHP 69.450197
PKR 322.123193
PLN 4.272562
PYG 7553.009814
QAR 4.207018
RON 5.097294
RSD 117.41827
RUB 93.810626
RWF 1685.267852
SAR 4.332547
SBD 9.287166
SCR 15.993858
SDG 694.05154
SEK 10.849022
SGD 1.482671
SHP 0.86642
SLE 28.350504
SLL 24216.169179
SOS 659.529514
SRD 43.377631
STD 23902.59906
STN 24.534472
SVC 10.098101
SYP 128.697299
SZL 19.737732
THB 37.904329
TJS 11.044217
TMT 4.041896
TND 3.39495
TOP 2.780547
TRY 51.230572
TTD 7.833006
TWD 36.827525
TZS 2967.974997
UAH 50.639111
UGX 4293.013226
USD 1.154828
UYU 46.784924
UZS 14056.506376
VES 533.634686
VND 30430.861232
VUV 137.451427
WST 3.175234
XAF 656.877088
XAG 0.016748
XAU 0.000259
XCD 3.12098
XCG 2.079913
XDR 0.814663
XOF 656.87424
XPF 119.331742
YER 275.599659
ZAR 19.643269
ZMK 10394.833581
ZMW 21.667349
ZWL 371.854006
  • RBGPF

    -13.5000

    69

    -19.57%

  • JRI

    -0.0200

    12.08

    -0.17%

  • BCC

    -0.4300

    74.22

    -0.58%

  • RYCEF

    -0.6000

    15.3

    -3.92%

  • CMSC

    -0.0600

    22.85

    -0.26%

  • BCE

    0.0300

    25.52

    +0.12%

  • NGG

    -1.4800

    82.81

    -1.79%

  • RIO

    -1.8600

    85.68

    -2.17%

  • VOD

    0.0550

    14.775

    +0.37%

  • CMSD

    -0.0500

    22.63

    -0.22%

  • RELX

    -0.2900

    32.18

    -0.9%

  • BTI

    0.0400

    58.49

    +0.07%

  • GSK

    -0.1350

    54.565

    -0.25%

  • AZN

    -2.7400

    184.4

    -1.49%

  • BP

    1.0390

    46.449

    +2.24%

UAE: fossil fuel power and COP28 host
UAE: fossil fuel power and COP28 host / Photo: Karim SAHIB - AFP

UAE: fossil fuel power and COP28 host

A gas-guzzling fossil fuel exporter trying to spearhead more ambitious climate action, the United Arab Emirates remains heavily dependent on hydrocarbons for its prosperity.

Text size:

- The carbon footprint -

The UAE may be a small country of only nine million inhabitants but it emitted 237 million tonnes of carbon dioxide (CO2) in 2021, according to the Global Carbon Atlas -- without including methane and other greenhouse gas emissions.

The United Kingdom, for comparison, emitted 348 million that year for a population of 67 million people.

The Gulf state ranks at 25 tonnes of CO2 emitted per person, higher than its fossil fuel-producing neighbour Saudi Arabia (18 tonnes) but below the record-breaking Qataris (40 tonnes) in 2021.

The tallies do not account for the oil and gas exported by these countries to other nations: they solely consider the CO2 emitted directly by inhabitants and businesses -- reflecting an economy and a way of life still heavily reliant on the combustion of oil and gas.

Energy-intensive construction and cooling activities flourish as gleaming skyscrapers sprout from the once barren desert and air conditioning is ubiquitous in the scorching heat.

Electricity in the Emirates is nearly entirely produced by burning gas (82.5 percent in 2022).

Renewables only account for five percent of its power, and a burgeoning nuclear capacity has seen atomic power's share jump to almost 13 percent in 2022, according to the energy think tank Ember.

- The climate ambition -

In July, the UAE announced an updated climate action strategy, joining a growing list of nations committed to tripling renewable energy production by 2030.

It unveiled plans to slash emissions in everything from industry to transport, including a new focus on electric cars.

It recently launched its first wind farm. And just two weeks before COP28 it inaugurated the Al Dhafra solar power plant -- one of the largest in the world.

But the UAE's climate strategy has been deemed "insufficient" or "highly insufficient", depending on the criteria, by Climate Action Tracker (CAT), a monitoring group which tracks government climate action and measures it against the global effort needed to keep warming below 1.5 degrees Celsius compared to pre-industrial levels.

CAT cited planned increases in oil production, offshore gas exploration and a 2050 net-zero target lacking credible emission reduction policies as reasons for its rating.

The Emiratis, however, highlight the rising diversification of their economy -- even if oil and gas remain dominant, they represent 30 percent of GDP compared to Saudi Arabia's 42 percent.

- ADNOC's role -

The UAE is the seventh largest producer of oil in the world, ahead of Iran and Kuwait, through their state-owned Abu Dhabi National Oil Company (ADNOC).

ADNOC plans to invest $150 billion dollars between 2023-2027 to expand its oil and gas production capacity.

In October, it announced a new off-shore gas project known as the Hail and Ghasha fields.

The project, located within a marine biosphere reserve, is spearheaded by ADNOC CEO Sultan Al Jaber -- also the founding chief executive of the renewable energy company Masdar and this year's COP28 president.

His chairmanship of the climate talks has drawn the ire of campaigners accusing the country of double dealing.

Jaber has said the UAE's oil is cheaper and less carbon-intensive than that of other producers and that ADNOC seeks to increase the capacity for extracting oil, rather than its production, to meet future demand.

Fossil fuels should only be abandoned once enough renewables can replace them, he argues.

The UAE supports carbon capture and storage (CCS) technologies that remain far from capable of storing the billions of tonnes of CO2 necessary.

"With its focus on 'emissions-free' fossil fuels and CCS, the UAE is clearly pushing an agenda to distract attention from a fossil fuel phase-out," said Mia Moisio, of the NewClimate Institute non-profit organisation.

According to the non-profit Global Witness, ADNOC is "on course" to increase its total emissions from oil and gas by more than 40 percent, reaching 684 million tonnes of CO2 by 2030 -- nearly triple the nation's 2021 emissions.

W.Odermatt--NZN