The world’s oil oligarchs and worst human rights offenders are pretending to tackle climate change while increasing their output.
The Organization of the Petroleum Exporting Countries (OPEC) - comprised of Iran, Iraq, Kuwait, Saudi Arabia, Venezuela, Libya, the United Arab Emirates, Algeria, Nigeria, Angola, Equatorial Guinea, and Congo - held a special climate change workshop via video conference September 29 from OPEC headquarters in Vienna, Austria.
Rigzone reports that OPEC Secretary-General Mohammad Sanusi Barkindo opened the workshop by highlighting the importance and timeliness of holding a session with a climate focus. He noted that the world is facing two global crises at the moment; Covid-19 and climate change.
“OPEC has been involved in the crucial discussion around response measures for many years, including in the UNFCCC and the Paris Agreement,” Barkindo said in an organization statement, noting that climate-change actions will impact future energy demand and the energy mix, which will in turn affect energy-exporting developing countries.
Barkindo also emphasized that OPEC member countries are advocates of environmental and climate change issues and added that they continuously attempt to identify ways to mitigate climate change and its impact, including through economic diversification.
OPEC was formed, in part, to manipulate oil prices through predatory dumping of member state’s overproduction into global oil markets to hurt non-OPEC producers or by cutting production to drive up prices per barrel. OPEC doesn’t appear to be all that serious about climate change, as evidenced by its lifting of production cuts in July.
Oilprice.com details the recent increase in oil output from OPEC members:
OPEC produced more oil in August than it did in July as the cartel continued to relax its production cuts, a Reuters survey has revealed, with recovering demand also stimulating more production.
The August increase amounted to 950,000 barrels per day, the survey said, to a total of 24.27 million barrels per day.