Monday, December 23

Tag: United Arab Emirates

What Did COP28 Really Accomplish?
14Dec By adminNo Comments
Entertainment

What Did COP28 Really Accomplish?

Three decades after agreeing to avoid “dangerous” warming, the nations of the world today acknowledged that this would involve “transitioning away from fossil fuels.” This can be found on page 5 of the final document that emerged from the latest round of climate negotiations—COP28—which just ended, in Dubai. Depending on how you look at things, the statement represents either a genuine breakthrough that will allow the globe to avert catastrophe or a point so obvious that what it really reveals is how far offtrack things have veered.First up, possibility No. 1: This year, greenhouse-gas emissions from fossil-fuel use are expected to total 36.8 billion metric tons. Emissions from changes in land use, mostly from chopping down forests, are expected to add another four billion tons. Meanwhile...
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COP28 Leaders Call for ‘Transitioning Away’ From Fossil Fuels in Final Push at Climate Talks
13Dec By adminNo Comments
World

COP28 Leaders Call for ‘Transitioning Away’ From Fossil Fuels in Final Push at Climate Talks

DUBAI—Officials from the United Arab Emirates leading talks at the United Nations climate conference proposed a compromise agreement on Wednesday that calls for the world to transition away from fossil fuels, seeking to bridge differences between big energy-producing nations and countries that want to completely phase out coal, oil and natural gas.The proposed deal, circulated after all-night talks, calls for “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner.” It says the shift to clean energy for the global economy should accelerate this decade with the aim of net-zero greenhouse gas emissions by 2050. Scientists say that is crucial to fulfilling the Paris Accord, the landmark climate agreement that calls for governments to attempt to limit ...
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COP28: Why the Climate Summit Matters and What’s at Stake
30Nov By adminNo Comments
World

COP28: Why the Climate Summit Matters and What’s at Stake

Updated Nov. 30, 2023 12:10 am ETListen to article(2 minutes)More than 190 governments are gathering in Dubai starting Thursday for the United Nations’ annual two-week summit where nations attempt to forge a collective response to the problem of climate change.This year, four topics are expected to dominate the negotiations: a report on the worldwide implementation of the landmark Paris accord called the “global stocktake,” the future of fossil fuels, climate finance for poorer countries and the setting up of a fund to pay for climate damage.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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A showdown is brewing over money, oil and carbon
29Nov By adminNo Comments
Money

A showdown is brewing over money, oil and carbon

In this aerial view water vapour and exhaust rise from the steel mill of Salzgitter AG, one Europe's largest steel producers, on November 22, 2023 in Salzgitter, Germany.Sean Gallup | Getty Images News | Getty ImagesPolicymakers and business leaders from across the globe are set to arrive in Dubai in the United Arab Emirates for the world's biggest and most important annual climate conference.The COP28 summit, which starts on Thursday and is scheduled to run through to Dec. 12, will provide a critical forum for government officials, business leaders and campaign groups to accelerate action to tackle the climate crisis.The pressure to deliver is immense. Global temperatures and greenhouse gas emissions continue to break records, with no continent left untouched by more frequent and intense...
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Emirates Airline Orders 15 Airbus Jets for $6 Billion 
16Nov By adminNo Comments
World

Emirates Airline Orders 15 Airbus Jets for $6 Billion 

Updated Nov. 16, 2023 6:24 am ETEmirates Airline placed an order worth $6 billion for 15 additional Airbus A350-900 jets, part of plans from the state-run airline to bolster its fleet of wide-body planes and serve a range of new markets on long-haul flights amid growing demand for international travel.The companies announced the order on Thursday at the Dubai Airshow, where Emirates earlier this week ordered 95 wide-body jets from Boeing for $52 billion. The companies didn’t disclose financial details, but buyers typically receive steep discounts in such orders.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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