Strategy

QatarEnergy: Fast and Slow in Energy Transition

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Kamran Jebreili/AP

QatarEnergy remains swift and strong in ramping up energy transition technologies, but is slow to hold itself to long-term emissions targets. Its recently published Sustainability Report reiterates 2030 targets focused on building out carbon capture and storage (CCS), solar power, energy efficiency, and piloting nature-based carbon sinks. Yet unlike its Mideast Gulf neighbors, gas heavyweight Qatar has yet to make any commitments beyond or 2030 or set a net-zero target for midcentury. By comparison, the United Arab Emirates and Saudi Arabia both set net-zero targets by 2050 and 2060 respectively in October, just before the COP26 conference.

Topics:
Low-Carbon Policy, Carbon Capture (CCS), Nature-Based Solutions, Hydrogen, Corporate Strategy
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