Oil companies are embracing terms like ‘lower carbon.’ Here’s what they really mean ...Middle East

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Just a few years ago, oil companies saidthey felt unwelcome at United Nations climate talks. Not this year. This year’s climate conference is taking place in the United Arab Emirates, a major oil and gas producing countrythat’s looking to increase its oil production. And the oil industry has a big platform at the talks. The oil cartel OPEC has its own pavilion at this meeting, known as COP28, and giant oil companies are playing a prominent role, to the dismay of climate activists. So what are oil producers saying in their pledges and statements about climate change? And what does it actually mean? Most oil companies acknowledge that climate change is real. Yet they also argue stron

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