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Climate Agreement

All articles tagged with #climate agreement

environment2 years ago

"Oil Executive Strikes Groundbreaking Deal to Abandon Fossil Fuels at COP28"

Sultan Al Jaber, chairman of one of the world's largest oil companies, successfully led the United Nations climate talks at COP28, resulting in a major new climate agreement that aims to transition the global economy away from fossil fuels. Despite initial skepticism due to his background in the fossil fuel industry, Al Jaber's leadership produced a historic agreement that explicitly targets the main cause of global warming. While the agreement has been criticized for its lack of specific dates and perceived loopholes, it represents a significant step towards the transition away from fossil fuels.

environment2 years ago

COP28 Climate Summit: Key Highlights and Disappointments

Nations at COP28 in Dubai have reached a historic climate agreement, calling for a transition away from fossil fuels in order to combat global warming. This is the first global climate deal to specifically target the reduction of fossil fuel use. Countries have agreed to transition in a just and equitable manner, aiming to achieve net zero emissions by 2050. The agreement was reached after intense negotiations between oil-dependent nations and low-lying islands threatened by rising greenhouse gas emissions.

climate-change2 years ago

COP28: Oil Nations' Reluctance Threatens Climate Summit Progress

The draft agreement for COP28, the 2023 UN Climate Conference, has removed language calling for a phase-out of fossil fuels, leading to outrage from climate activists and the threat of nations walking away from the agreement. The removal of this language contradicts the demands of the European Union and developing nations advocating for more aggressive measures to address climate change. The presence of fossil fuel lobbyists at the conference and the appointment of the CEO of a major oil company as the conference head have raised concerns about the influence of oil-producing nations and corporations on the agreement. Former US Vice President Al Gore criticized the draft as being dictated by oil-producing nations and called for clear language on phasing out fossil fuels in the final text.

climate-change2 years ago

"U.S. and China Forge Historic Partnership to Combat Climate Change"

The United States and China have reached an agreement to address global warming by increasing the use of renewable energy and phasing out fossil fuels. While China did not commit to ending its heavy reliance on coal, both countries agreed to triple global renewable energy capacity by 2030, aiming to accelerate the substitution for coal, oil, and gas generation. This marks the first time China has agreed to cut emissions in any sector of its economy. The agreement comes ahead of the United Nations climate talks and is seen as a positive development in the U.S.-China relationship.