Amid COP28, Brazil Considers Invitation to OPEC+

Minister of Mines and Energy asserts that the country aims to join the oil cartel

São Paulo, Brasília and Rio de Janeiro

While the COP28, the UN climate summit, discusses the end of fossil fuel use, the Lula government signals its intention to accept an invitation for Brazil to join OPEC+, which gathers members of the Organization of the Petroleum Exporting Countries and allied producers.

President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan walks with Brazil's President Luiz Inacio Lula da Silva, alongside other world leaders and delegates, at Dubai's Expo City ahead of the World Climate Action Summit during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 1, 2023. REUTERS/Thomas Mukoya - REUTERS

"We hope to join this distinguished group and work with all 23 countries in the coming months and years," said the Minister of Mines and Energy, Alexandre Silveira, on the first day of COP28 in Dubai, United Arab Emirates.

Experts criticize Brazil's intention to join the cartel, pointing out a contradiction with Lula's discourse of positioning the country as an environmental power.

"Any global climate leadership needs to have a strong and firm stance on the elimination of fossil fuels," says Stela Herschmann of the Climate Observatory.

To curb global warming to 1.5°C, the International Energy Agency states that new oil and gas projects should not proceed.

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