The head of the United Arab Emirates state-run oil giant, ADNOC—and incoming COP28 President—said that a fossil fuel phasedown is inevitable. "The phasedown of fossil fuels is inevitable. The speed at which this happens depends on how quickly we can phase up zero carbon alternatives, while ensuring energy security, accessibility and affordability," Al-Jaber said on the sidelines of the UN Climate talks on Thursday. The COP28 climate summit will be held in Abu Dhabi this year, and Sultan bin Ahmed Al Jaber, ADNOC head and COP28…
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