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    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

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    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

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    Broadcast Networks Confront Turbulent Times in a Rapidly Changing Media Landscape

    Black River Entertainment Adds Traci Hite As Director Of Promotion, Southeast – MusicRow.com

    Black River Entertainment Welcomes Traci Hite as New Director of Southeast Promotion

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    Entertainment Business Master’s Grad Launched Nonprofit to Nurture Emerging Artists – Full Sail University

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Review: At the Huntington, the New Hollywood String Quartet recalls legendary studio musicians – Los Angeles Times

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

    Kehoe repeals paid sick leave, allows several counties in the Ozarks to have entertainment districts in bill signings – KY3

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

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    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

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    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

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    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

    SailGP Technologies officially launches new center of excellence in technology & innovation – Sail-World.com

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Home Business

Energy transition must be just, equitable — OPEC

March 18, 2024
in Business
Energy transition must be just, equitable — OPEC
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As global leaders continue in the pursuit of cleaner energy, Ambassador Gabriel Aduda, Organization of the Petroleum Exporting Countries (OPEC) Governor for Nigeria, has said that energy transition must be just and equitable, allowing countries to develop energy sources available to them responsibly.

Aduda, in a statement issued to BusinessDay, said that climate change enthusiasts must acknowledge fossil fuels as the fuel that aided the industrialization of advanced nations and come up with modern technologies that will further reduce emissions and not reduce production.

Read also:Energy transition in Nigeria: A path to sustainability

“Africa must develop from the known before it can transition to the unknown. It must harness its vast natural resources and develop the same for the good of its people.

“Big brother nations must recognize that achieving set goals in energy transition, calls for deliberate and sustainable global partnerships where all nations are given a fair field of play and encouraged to develop responsibly energy sources available to them,” he said.

Read also:Energy Transition requires $3.1 trn in grid investment by 2030 – Rystad Energy

In his remarks, Bibi Ameenah Firdaus Gurib-Fakim GCSK, former president of Mauritius said the two interwoven sustainable development fields of environmental and social needs seem to have drifted apart from the way they measure progress and should work together.

“Secretary-General Antonio Guterres said and I quote: “Today’s global challenges, from the climate crisis to growing inequality and the governance of new technology, can only be resolved
through dialogue and cooperation.”

She said with the world 6 years away from the 2030 deadline for achieving the UN’s Sustainable Development Goals (SDGs), collaboration will be not only essential but critical as progress so far is nowhere near where it is needed.

Read also:Nigeria far behind in meeting SDGs – Reps

“Just 12 per cent of the targets for which data exists are on track, alone half are off track and more than one-third are either failing to advance or worse still, regressing below the baseline set in 2015.

“It is only through cross-sector, cross-industry and cross-society partnerships that we can scale the societal commitments to which we hold ourselves accountable and protect the global commons.

“So we need to explore and establish dynamic partnerships that explicitly expand our boundaries, particularly at the national and local levels where the necessary flexibility allows us to address locally relevant issues.”

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Businessday.ng – https://businessday.ng/energy/oilandgas/article/energy-transition-must-be-just-equitable-opec/

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