Nature & Environment
COP28: inside the United Arab Emirates, the oil giant who hosted the 2023 climate change summit
...resource extraction. In the UAE, sovereign wealth fund Mubadala is tasked with enabling this transition. It has invested in a variety of high-tech sectors, spanning commercial satellites to research and development in renewable energy. But even if the UAE was to achieve net zero by some measure domestically, continuing to export oil internationally means it will be burned...