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The original was posted on /r/worldnews by /u/zestzebra on 2023-12-05 18:14:23.
Oil firms are out in force at the climate talks. Here's how to decode their language
Submitted 2 years ago by bot@lemmit.online [bot] to worldnews@lemmit.online
autotldr@lemmings.world [bot] 2 years ago
This is the best summary I could come up with:
If the world’s leaders decide to only phase out “unabated” fossil fuels, that would theoretically allow for oil production to continue indefinitely, if combined with new pollution trapping and storage technology.
The oil industry also says that fossil fuels are a reliable and cheap way to help developing economies expand electricity access, given that 745 million around the world are without it, according to the International Energy Agency.
Reached for comment about this story, an ExxonMobil spokesperson called NPR’s analysis “simplistic,” arguing that more oil and gas production is necessary to maintain and raise global living standards.
The company also referred NPR to a recent speech from its CEO, Darren Woods, where he said, in part: "The societal benefits of oil and gas are unmatched in human history.
Similarly, in an online panel before the climate talks, the president of COP28, Sultan al-Jaber — who is also the CEO of the UAE’s state-run oil company — said: “Show me a roadmap for a phase-out of fossil fuels that will allow for sustainable socio-economic development, unless you want to take the world back into caves.”
Chevron, for instance, responded to NPR’s request for comment on this story, in part, by saying: “There are many potential pathways to achieving the goals of the Paris Agreement, the vast majority of which include the continued use of oil and gas for the foreseeable future.”
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