UN Climate Talks Leader Suggests New Approach to Oil Industry.

Sultan al-Jaber, the Emirati official presiding over this year’s UN climate summit, called for a tripling of renewable energy capacity this decade and said the world was “way off track” in meeting its emissions reductions pledges. However, his distinction between phasing out fossil fuels entirely and phasing out their emissions left room for confusion and doubt. He emphasized the importance of carbon capture technologies that could help reduce or eliminate carbon emissions from production facilities and potentially elsewhere, which is in line with the position of oil and gas companies.