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UN climate talks start with a gift for Big Oil from Article 6.4 Supervisory Board

November 11, 2024
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  • Valentina Stackl, Oil Change International – [email protected]
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  • UN climate talks start with a gift for Big Oil from Article 6.4 Supervisory Board
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For Immediate Release
Al Johnson-Kurts, [email protected], +1 802 595 9593

Baku, AZ – Today, the UN climate negotiations gaveled through guidelines for carbon removals under Article 6.4 of the Paris Agreement without debate or public scrutiny.

In response, Myriam Douo, Oil Change International’s false solutions expert said:
“This is a bad process and a worse outcome. By trying to ram through loose standards for dangerous carbon crediting mechanisms behind closed doors, the Supervisory Board is handing Big Oil a gift and setting course for climate disaster.

“Under these sham guidelines, speculative so-called “carbon removal” technologies and  “carbon capture” schemes led by oil and gas companies could be counted as carbon offsets – even if in reality they increase climate pollution. The vast majority of current “carbon capture” operating capacity (79%) is just used to produce more fossil fuels, and these guidelines open the door for even more money for polluting industries. Governments have already spent over $25 billion of public money on “carbon capture” – and are planning up to $240 billion more – but currently operating carbon capture projects have achieved almost nothing to capture carbon emissions. This deal shows the Supervisory Board is more interested in looking like they are acting on climate change than actually acting on climate change, and UN states should reject it immediately.”

More than a dozen organizations from the Demand Climate Justice network have condemned this decision, and their quotes are available here.

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