November 21, 2024
Global Renewable News

THE CONVERSATION
COP29: Only by returning carbon to the ground is net zero truly possible

November 21, 2024

Negotiations at the 29th Conference of Parties (COP29) to the United Nations Framework Convention on Climate Change (UNFCCC) are entering their second week after things got off to a rocky start.

Even before the event started, many were stunned that COP29 would again be hosted by a petro state. Just last year, COP28 was held in Dubai, United Arab Emirates, and this year it is Azerbaijan's turn. Approximately 90 per cent of Azerbaijan's exports are in the oil and gas sector.

The president of Azerbaijan, Ilham Aliyev, has described oil and gas resources as a "gift of god." Meanwhile, the country's deputy energy minister (and chief executive of COP29) has been caught on tape using the conference to advance oil investment deals.

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