OPEC is the wild card in countries` drafting of a new agreement on global warming. . The WOO, first published in 2007, provides an in-depth review and analysis of the global oil and energy industry and offers an in-depth assessment of the different sensitivities to medium- and long-term developments in the oil industry, according to OPEC. It is therefore logical that few OPEC countries have made commitments to a Paris agreement: it would put them out of business. In addition, the withdrawal of revenues from OPEC countries could undermine their already fragile social and economic structures. The setting sun over the Persian Gulf seen from a skyscraper in Abu Dhabi (Flickr/Christopher Lance) The international community suffers from greenhouse gases emitted by industrialized countries for decades, many of which are still in the atmosphere. However, the fight against climate change cannot be done without the cooperation of emerging countries. Mohammad Sanusi Barkindo, Secretary General of OPEC, opened the workshop by highlighting the importance and timeliness of a climate-focused meeting. He noted that the world is currently facing two global crises; Covid-19 and climate change. As soon as it leaks, the United States – the largest historical emitter of greenhouse gases and the largest producer of oil and gas – will be the only country outside the agreement. Learn more: COP21 | | fossil fuels| in the Middle East, NDC | | Renewable energy UN climate negotiations | OPEC COP21 The Paris climate negotiations are therefore a difficult balancing act for OPEC. They want to sit at the table, but also protect the long-term value of their domestic resource base.

. The country faces many challenges in reducing its greenhouse gas emissions, including those caused by heavy penalties, its outdated energy and oil refinery industry, and its inefficient transportation system. OPEC noted that the technical workshop on climate measures attracted a number of speakers and participants from OPEC member countries, non-OPEC oil producing countries participating in the declaration of cooperation, and international experts in the sector. During Paris, we will have to see more ambition from all countries, opec or elsewhere. The Obama administration had included the United States in the 2015 pact and promised to reduce U.S. greenhouse gas emissions by 26 to 28 percent by 2025 compared to 2005 levels. . Hoda Baraka, Global Communications Manager, 350.org, Cairo Kaveh Madani, Professor at Imperial College London and Omid Rouhani, Researcher at Cornell University Andrew Holland, Senior Fellow for Energy and Climate, American Security Project „The United States is proud of our position as a global leader in reducing all emissions, promoting resilience, the growth of our economy and the guarantee of energy for our citizens,“ he said. Of course, these countries have a lot to lose in a world of reduced emissions. Fossil fuels are the lifeblood of their economies.

OPEC describes itself as a permanent intergovernmental organization of 13 oil-exporting developing countries, which coordinates and unifies the oil policy of its member states. The Baghdad conference from 10 to 14 The group, created by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela, has set itself the mission of coordinating and standardizing the oil policy of its member countries and ensuring the stabilization of oil markets, according to its website. „While this meets the political needs of the Trump administration, we will lose a lot of driving force in the world when it comes to U.S. influence,“ he said. 2. Sustainable Energy for All (SE4All), 2015, at www.se4all.org/tracking-progress. The global momentum in the fight against climate change will continue to send a clear signal to investors that the era of fossil fuels is over. .