TAQA joins global fight against climate
By admin • Jan 22nd, 2008AB U DHAB I. The Abu Dhabi National Energy Co. (Taqa), a publicly listed company on the Abu Dhabi Securities Market, has become the first GCC company to be invited to join the 3C (Combat Climate Change) Initiative. It is a global opinion group of prominent business leaders demanding integration of climate [...]
AB U DHAB I. The Abu Dhabi National Energy Co. (Taqa), a publicly listed company on the Abu Dhabi Securities Market, has become the first GCC company to be invited to join the 3C (Combat Climate Change) Initiative. It is a global opinion group of prominent business leaders demanding integration of climate issues into markets and trade. As the first member from a non G8 + 5 country, Taqa joins forces with business leaders from nearly 50 large organizations committed to contributing to a common vision of a low emitting, sustainable society. The 3C Initiative’s goal is to set a global limit to the maximum temperature increase and define emission reduction targets for 2030 and 2050 based on the best available research. 3C members aim to lobby governments to create a series of policies that will enable targets to be met. Peter Barker Homek, the chief executive officer of Taqa, said, “I am delighted Taqa has been invited to join the 3C Initiative. As a signatory, we have committed to play a proactive role in combating climate change, and as the first GCC member, we hope to set a precedent in the region.” Founded in 2005, Taqa is a global energy company with operations in power generation, d e s a l i n a t i o n , r e n ewa b l e s , upstream oil/gas, pipelines, gas storage and LNG regas.

