Climate summit in United Arab Emirates (or is it really an oil lobby)

News is dreary. First, it is estimated that climate change already causes more than 6 % decrease in global GNP. No wonder, as climate-related phenomena have diminished crops, caused wildfires and flooding, etc. Many insurance companies have incredibly high fees for house insurance policies in areas, where the likelihood of storms has increased radically in recent past. And GNP (Gross National Product) does not take the environment into account. The indexes which do this had their highest values in rich countries in 1990’s. Also, coal and oil pollution cause millions of deaths yearly, many more than the Covid pandemic. So, climate change is here, and decreases the quality of life more than any other single event.

Although wind and solar energy production has increased markedly during recent past so that clearly more than half of the new global electricity production is fossil-free, about 60 % of world’s energy consumption is still dependent on oil and coal. And, actually, the amount of energy produced using fossil fuels is still increasing although its percentage is decreasing. This apparent contradiction is due to the fact that the global energy consumption still increases markedly.

The above notions should be important to take into account now that world leaders again gather to Climate Summit, this time in United Arab Emirates (UAE). Already the place of the meeting generates suspicion, as UAE has gained its wealth with oil, and continues to do so. Further, the Persian Gulf nations are known for sports washing – World Cup of Soccer in Quatar, Incredible transfer fees of footballers in Saudi Arabia, the number of Kenian athletes now competing under Quatar flag. One can suspect that the Climate Summit is the start of climate washing with oil lobby doing its best to decrease climate actions. This conclusion has become quite credible after a document has leaked, which advises the UEC delegation to lobby oil and gas exports. Further, the president of the summit is also the head of Abu Dhabi National Oil Company, and has suggested an approach, where renewable energy sources complement rather than replace oil.

Is this the way to combat climate change, which already causes significant damage?