Shutting down fossil fuels too quickly risks a “massive crisis” globally, a visiting United Arab Emirates minister warned.
Shutting down fossil fuels too quickly risks a “massive crisis” globally, a visiting United Arab Emirates minister warned, as her country prepares to hostInternational Co-operation Minister Reem bint Ebrahim Al Hashimy also said the UAE was keen to launch formal talks with Australia to upgrade, advocating the Gulf state as a gateway to fast-growing markets in Africa and Central Asia.
“That doesn’t look like that it’s been very good,” she said. The world had to move away from a framework of “conference to conference” to more action “because the climate challenge is not abating”.Asked about environmentalists’ pressure on economies such as Australia, with its coal and gas reserves, and the UAE as a major oil exporter to curtail extraction of fossil fuels, Ms Al Hashimy warned it was not so simple.
“So, what we bring to the table is a more innovative, low-carbon approach to extracting fossil fuels, to ensure that development journey in the very best way possible.”“And we all need to take responsibility. I don’t think we are large producers, I think we are responsible producers. And we are determined to make good on the resource that we have in a manner that is respectful of the challenges to our planet in the best possible form that technology can take us.
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