OPEC
OPEC says oil industry must be part of solution to climate change
“L 58
et me begin by stating unequivocally: the oil industry must be part of the solution to the climate change challenge,” said Mohammad Sanusi Barkindo, OPEC Secretary General, in a statement to the United Nations (UN) Climate Change Conference in December. “We too believe that ‘there is no Planet B.’” Addressing the Conference of the Parties to the UN Framework Convention on Climate Change (COP24) in Katowice, Poland, Barkindo said that the oil industry possesses know-how and experience for reducing its environmental footprint, explaining that working practices and fuel efficiency standards have improved exponentially over the decades. “Of course, more needs to be done,” he said. “Nevertheless, the industry’s capacity for technological innovation must be harnessed within this process.” Barkindo also highlighted the challenges
of energy poverty, which are addressed by the United Nations Sustainable Development Goal 7 on affordable and clean energy. “Today one billion people lack access to electricity and three billion
lack clean fuels for cooking,” said Barkindo. “An ever cleaner oil industry, driven by technological innovation, can improve the livelihoods of billions of people in a sustainable way.” With this in mind, Barkindo urged governments to promote all-inclusive policies that are not discriminatory in content and implementation. “Appropriate technologies that would address carbon emissions leading to the elimination of these emissions are not beyond reach and are indeed feasible,” he said. “The funding of the [research and development] of these technologies is the responsibility of both producers and consumers. Our member countries are playing their role creditably in this regard to ensure that the over 1.2 trillion barrels of proven oil reserves are not stranded. Oil and gas will continue to account for more than 50 percent of the global energy mix well beyond 2040.” “The energy transition is therefore not a
transition from one energy source to another,” Barkindo added. “All sources of energy are needed to meet current and future demand.”
improve the livelihoods
of billions of people in a sustainable way”
Mohammad Sanusi Barkindo, OPEC Secretary General
“An ever cleaner oil industry, driven by technological innovation, can
PHOTO: UNFCCC
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59
