UAE and Shell have agreed upon a plan that will reach net-zero emissions by 2050. This is an important step to limiting emissions in the Gulf region and shift towards cleaner energy solutions. UAE is set to host next year’s COP28 climate summit, where it has pledged to make oil majors feel welcome. Further cooperation with major oil companies will advance the clean energy dialogue rather than antagonizing them. The oil producers felt unwanted at the last summit, but, UAE hopes to establish a productive dialogue.
- UAE Says Oil Major Shell Is Helping Plan Its Net-Zero Push