Mother Jones
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79% Informative
Sultan Al Jaber is the chief executive of the Abu Dhabi National Oil Company and president of the Cop28 summit, which begins on November 30 .
ADNOC has the largest net- zero -busting expansion plans of any company in the world, according to new data.
UN warned last week that fossil fuel producers were planning expansions that would blow the planet’s carbon budget twice over.
$170 billion has been spent on exploration for new oil and gas reserves since 2021 .
The IEA ’s new 2023 scenario requires a sharper annual fall in oil and gas production than before.
It also includes future stranded assets that have to be shut down before the end of their economic lifetime in order to meet climate goals.
The other companies in top three for overshoots of 1.5 C are the National Iranian Oil Company and ExxonMobil .
VR Score
78
Informative language
75
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51
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English
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