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As COP28 unfolds, the tension between economic pragmatism and environmental idealism will undoubtedly remain a central theme.
Disagreements over the phasing out of fossil fuels look set to dominate the two-week COP28 climate meeting in Dubai, after the summit president used his opening speech to argue against a full ban on the use of coal, oil and gas. More than 70,000 delegates from nearly 200 countries are taking part in the United…
Fifty oil companies representing nearly half of global production have pledged to reach near-zero methane emissions and end routine flaring in their operations.
The world is heading for considerably less warming than projected a decade ago, but that good news is overwhelmed by much more pain from current climate change than scientists anticipated, experts said. It’s also a conference where one of the central topics will be whether fossil fuels should be phased out, but it will be run by the CEO of an oil company. Key to the session is the first “global stocktake” on climate, when countries look at what’s happened since the 2015 Paris climate agreement, how off-track it is and probably say what’s needed to get back ...
The UN said countries have to slash their emissions by 42% by the end of the decade.