COP28: Balancing Progress and Damage in the Fight Against Climate Change

The COP28 climate conference, held in Abu Dhabi and attended by 80,000 participants, including high-ranking officials from the Biden White House, is being criticized for its unrealistic and costly climate policies. The conference, which aims to phase out fossil fuels, is hosted by the head of the Abu Dhabi National Oil Company, who was revealed to be plotting new oil and gas deals. Meanwhile, wind projects are failing in the US and other countries, and the Biden administration's crackdown on methane emissions could lead to the shutdown of many low-producing wells. China and India, two major carbon emitters, are resisting international pressure to reduce coal consumption. As electricity prices continue to rise, there is growing skepticism about the effectiveness and affordability of Biden's climate agenda.