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COP28, the UN Conference of the Parties in oil-rich Dubai, currently underway, will not resolve the issue of oil and gas companies agreeing to slow down

US President Joe Biden's efforts to promote offshore wind development were tied to the approval of new oil leases by Congress. Recently, the US Export-Import Bank approved $1.5 billion for an overseas oil and gas project in Estonia, contrary to the US's and G7's promise to end international fossil finance.

COP28, the UN Conference of the Parties in oil-rich Dubai currently underway will not resolve the issue of oil and gas companies agreeing to slow down oil production. To the contrary, all signals point to an increase according to formal plans already laid out by the industry, as stated by the International Energy Agency. Reuters

Greenhouse gas emissions will continue to rip roar, snort, huff and puff higher ever higher post COP28. It’s guaranteed. The oil companies insist upon it. And

The study finds that US 143 billion per year of the costs of extreme events is attributable to climatic change. The majority (63%), of this is due to human loss of life.