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Dubai penthouse sells for record $136 million
  + stars: | 2023-12-05 | by ( Jacopo Prisco | )   time to read: +6 min
CNN —A five-bedroom penthouse covering almost 22,000 square feet has sold in Dubai for 500 million UAE dirhams — just over $136 million — setting a new record for one of the world’s busiest luxury real estate markets. Record salesThe previous record for a penthouse sale in Dubai dates back just a few months, when an apartment occupying the top floor of the Marsa Al Arab Hotel sold for 420 million UAE dirhams (about $114 million). According to Provident Estate, the penthouse at Como Residences is the third most expensive in the world, after Penthouse D at One Hyde Park in London, priced at $237 million, and the Odeon Tower Penthouse in Monaco, priced at $440 million. Shutterstock Palm Jumeirah also boasts the first monorail in the Middle East, which opened in April 2009, and connects the Palm to Dubai's mainland. But when it comes to the asking price for a penthouse, the view is one of the key drivers.
Persons: CNN —, Nahkeel, Karim Sahib, Giuseppe Cacace, Shutterstock, Kamran Jebreili, , Chris Boswell, he’s, ” Boswell, , it’s Organizations: CNN, UAE dirhams —, Jumeirah, Provident Estate, Marsa Al Arab, UAE, Como Residences, Penthouse, Dubai Marina, Getty, Burj Locations: Dubai, Como, Marsa, Hyde, London, Monaco, Burj Al Arab, Burj, Eastern Europe, Dubai's, Nakheel, AFP, Karim, Burj Al, United States, Italy, France
watch nowDUBAI, United Arab Emirates —The chief executive of UAE-based energy firm Crescent Petroleum on Tuesday claimed that blaming the oil and gas industry for the climate crisis "is like blaming farmers for obesity." The burning of coal, oil and gas is by far the largest contributor to climate change, accounting for more than three-quarters of global greenhouse gas emissions. "Blaming the producers of oil and gas for climate change is like blaming farmers for obesity. U.N. Secretary-General António Guterres said that the announcement was "a step in the right direction" for Big Oil and showed that the fossil fuel industry was "finally starting to wake up." Others, including former U.S. Energy Secretary Ernest Moniz, believe that the participation of energy giants should be welcomed at events such as COP28.
Persons: Majid Jafar, CNBC's Dan Murphy, Sultan Ahmed Al Jaber, Abu, COP28, António Guterres, Jafar, We're, Ernest Moniz Organizations: United Arab Emirates —, UAE, Petroleum, Crescent Petroleum, Crescent Petroleum Co, Abu Dhabi National Oil Co, United Arab Emirates national, Expo, Bloomberg, Getty, Big Oil, U.S . Energy Locations: DUBAI, United Arab, Dubai, Abu Dhabi, United Arab Emirates, U.N, New York
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies Iberdrola SA FollowRwe Ag FollowMADRID, Dec 5 (Reuters) - Spanish renewable energy giant Iberdrola (IBE.MC) and UAE clean energy developer Masdar have formed a 15 billion euro ($16.2 billion) alliance to invest in offshore wind and green hydrogen in countries including Germany, Britain and the United States. The agreement announced on Tuesday follows a pledge by 118 countries at the COP28 climate summit in Dubai to triple the world's renewable energy capacity by the end of the decade as they seek to wean themselves off fossil fuels. "Reaching this goal will require immediate action from these governments and the private sector," said Iberdrola Executive Chairman Ignacio Galan. "With an abundance of wind resources, the UK and Europe are prime markets for Masdar," said Masdar Chief Executive Mohamed Jameel Al Ramahi. Last week Masdar and Germany's RWE (RWEG.DE) said they would co-develop a 3 GW wind project off the coast of Britain.
Persons: Dado Ruvic, Ignacio Galan, Mohamed Jameel Al Ramahi, Germany's, Iberdrola, Pietro Lombardi, Jakub Olesiuk, Kirsten Donovan, David Goodman Organizations: REUTERS, East Anglia, Masdar, China, Thomson Locations: MADRID, UAE, Germany, Britain, United States, Dubai, Iberdrola's, East, Spanish, Europe, Baltic
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailContinuing engagement with Israel is 'very critical,' UAE trade official saysThani Al Zeyoudi, United Arab Emirates minister of state for foreign trade, discusses the country's trade agenda.
Persons: Thani Al Organizations: United Arab Emirates Locations: Israel, UAE, Thani Al Zeyoudi, United Arab
[1/2] Scroby Sands offshore wind farm can be seen off of the coast at Great Yarmouth, Britain, October 24, 2018. Investors told Reuters governments have since shown willingness to pay higher prices, helping to restore confidence in the future of the industry. Britain's last auction in September failed to attract any offshore wind projects, with developers saying the guaranteed price on offer was too low. Britain's Octopus launched a dedicated fund with Japan's Tokyo Gas (9531.T) to invest 3 billion pounds ($3.7 billion) in offshore wind projects by 2030. Soeren Lassen, head of offshore wind Research at WoodMac said more than 50 GW of offshore wind tenders globally are planned for 2024.
Persons: Chris Radburn, , Jonathan Cole, Corio's Cole, Keith Anderson, Anderson, Marc Hedin, Nathalie Gerl, Germany's RWE, Soeren Lassen, WoodMac, Susanna Twidale, Nichola Groom, Scott DiSavino, Simon Webb, Jane Merriman Organizations: REUTERS, Governments, Investors, Corio Generation, Power, New York, Energy, New York State Energy Research, Development Authority, Aurora Energy Research, Research, Ireland, Aurora, Gas, Thomson Locations: Great Yarmouth, Britain, U.S, New York State, China
[1/2] Climate activists protest against fossil fuel emitters, demanding action and more contributions to the Loss and Damage Fund, during the United Nations Climate Change Conference COP28 in Dubai, United Arab Emirates, December 5, 2023. Chiponda argued that language calling for the phase-out of "unabated" fossil fuels was merely a distraction that would allow for their continued use. Governments at COP26 agreed to phase down the use of unabated coal, the most polluting of fossil fuels. This year, countries remain split over what role fossil fuels should play in the future. Jaber has made a point of including the fossil fuel industry at the summit, insisting that oil and gas companies should be part of discussions on tackling climate change.
Persons: Amr Alfiky, Lorraine Chiponda, Chiponda, Sultan Al Jaber, Jaber, Thomas Joseph, Jainno Congon, Alexander Cornwell, Katy Daigle Organizations: Damage, United Nations, United Arab Emirates, REUTERS, Rights, United, COP26, Reuters, Thomson Locations: Dubai, United Arab, COP28, Glasgow, Paris, United Arab Emirates, UAE, California
Sputnik/Mikhail Klimentyev/Pool via REUTERS Acquire Licensing RightsMOSCOW, Dec 4 (Reuters) - Russian President Vladimir Putin will visit the United Arab Emirates and Saudi Arabia this week, Russian news outlet Shot reported on Monday, citing Putin's aide Yury Ushakov. Markets reacted with scepticism to the deal because of doubts about whether the voluntary cuts would be fully implemented. The figure of 2.2 million bpd included an extension of existing Saudi and Russian voluntary cuts of 1.3 million bpd. Shot quoted Ushakov as saying Putin would go first to UAE and then to Saudi Arabia, where negotiations would take place mainly with Crown Prince Mohammed bin Salman. Neither Saudi Arabia nor the UAE is a member of the court either, so Putin can travel to both countries without fear of being arrested under the ICC warrant.
Persons: Vladimir Putin, Mikhail Klimentyev, Yury Ushakov, Brent, Putin, Prince Mohammed bin Salman, Ushakov, Mark Trevelyan, Gareth Jones Organizations: Sputnik, REUTERS Acquire, Rights, United Arab, UAE, Soviet Union, Criminal Court, ICC, Reuters, Thomson Locations: Moscow, Russia, United Arab Emirates, Saudi Arabia, OPEC, Saudi, China, United States, Ukraine, UAE
REUTERS/Thomas Mukoya Acquire Licensing RightsDUBAI, Dec 4 (Reuters) - Bill Gates' advanced nuclear reactor company TerraPower LLC and the United Arab Emirates’ state owned nuclear company ENEC said on Monday they have agreed to study the potential development of advanced reactors in the UAE and abroad. “For the UAE, we're looking for a future for the clean electrons and molecules that will be brought to reality by advanced reactors,” said Mohamed Al Hammadi, CEO of ENEC, during the signing ceremony. "Bringing advanced nuclear technologies to market is critical to meeting global decarbonization targets," said TerraPower President and CEO Chris Levesque. The UAE currently has one traditional nuclear power plant, near Abu Dhabi, which began producing electricity in 2020. The MOU between TerraPower and the UAE said they would explore uses for advanced nuclear reactors such storing power on the grid and providing the energy needed to produce hydrogen, and decarbonize coal, steel and aluminum plants.
Persons: Bill Gates, Thomas Mukoya, ENEC, , Mohamed Al Hammadi, Chris Levesque, TerraPower, Richard Valdmanis, Kim Coghill Organizations: Microsoft, United Nations, Change, United Arab Emirates, REUTERS, Rights, TerraPower, United, UAE, The UAE, Thomson Locations: Dubai, United Arab, UAE, Abu Dhabi, U.S ., Wyoming, TerraPower, Russia, TerraPower's Wyoming, Ukraine, United States
Aramco chief says renewables still not enough to cover demand
  + stars: | 2023-12-04 | by ( )   time to read: 1 min
President and CEO of Aramco Amin Nasser attends the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/ File photo Acquire Licensing RightsDUBAI, Dec 4 (Reuters) - Saudi oil giant Aramco's Chief Executive on Monday told a panel on the sidelines of the COP28 climate summit in the UAE that that all the renewable energy coming to market is still not enough to handle additional demand. Aramco CEO Amin Nasser added that more investment in the oil and gas sector is still needed. Reporting by Maha EL Dahan and Yousef Saba Editing by David GoodmanOur Standards: The Thomson Reuters Trust Principles.
Persons: Amin Nasser, Hasnoor Hussain, Yousef Saba, David Goodman Organizations: Energy Asia, REUTERS, Rights, Maha, Thomson Locations: Kuala Lumpur, Malaysia, Saudi, UAE
DUBAI, Dec 4 (Reuters) - Abu Dhabi will host the newly launched Global Climate Finance Centre in partnership with nine founding members including the World Bank, lender HSBC (HSBA.L) and asset managers BlackRock (BLK.N) and Ninety One (N91.L). Described as an independent think-tank and research hub, the centre will look at barriers to investment into low-carbon projects and develop the financial frameworks to overcome them. "It will put Abu Dhabi and the UAE at the forefront of driving global change in sustainable finance, providing a positive legacy for years to come," COP28 President Sultan Al Jaber said in a statement on Monday. Reporting by Maha El-Dahan and Simon Jessop; editing by William JamesOur Standards: The Thomson Reuters Trust Principles.
Persons: Abu, Sultan Al Jaber, Maha El, Simon Jessop, William James Our Organizations: Climate Finance, World Bank, HSBC, BlackRock, Thomson Locations: DUBAI, Abu Dhabi, UAE
In this year's gleaming host city of Dubai, billboards advertise the benefits of wind energy, climate ambition and Exxon Mobil's (XOM.N) carbon capture projects. This is seen by some as a sign of success and by others as a dangerous distraction from the business of combating climate change as over nearly three decades global oil demand, carbon emissions and temperatures have marched steadily upward. "It's a lobby fest where polluters can schmooze with politicians, all under the guise of tackling climate change," Pascoe Sabido, a researcher at the Corporate Europe Observatory, which scrutinizes corporate influence on policy-making, said. Delegates walk at the Dubai's Expo City during the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, December 4, 2023. For daily comprehensive coverage on COP28 in your inbox, sign up for the Reuters Sustainable Switch newsletter here.
Persons: Exxon Mobil's, Pascoe Sabido, Alden Meyer, Meyer, Lisa Jacobson, Jacobson, Thaier, We're, , Daniel Lund, Joko Widodo, COP28, Jake Schmidt, Darren Woods, General Antonio Guterres, Al Gore, Valerie Volcovici, Katy Daigle, Kate Abnett, Sarah McFarlane, Bernadette Christina, Richard Valdmanis, Alexander Smith Organizations: Exxon, Corporate, Observatory, United Nations, Business Council, Sustainable Energy, Global Strategic Communications Council, Change, United Arab Emirates, REUTERS, Natural Resources Defense, Exxon Mobil, Drillers, U.S, Reuters, Thomson Locations: DUBAI, Dubai, Berlin, The Hague, COP28, United Arab, Fiji, Indonesia, China, UAE
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBanks in UAE are getting serious about climate change, Mashreq Bank CEO saysAhmed Abdelaal, Mashreq Bank CEO, says the Middle East "still at the very nascent stage" of the climate "transformation."
Persons: Ahmed Abdelaal Organizations: Banks, Mashreq Bank Locations: UAE
On Monday, Prince Abdulaziz bin Salman, energy minister and the key climate negotiator, for the kingdom, was a no-show at the Saudi Green Initiative. "The climate finance that they have pledged at this COP28 is simply not enough," said Pakistani activist Zaigham Abbas, whose country was devastated last year by widespread flooding. Elsewhere, France and Japan said they would support a move by the African Development Bank to leverage IMF Special Drawing Rights for climate and development. This year also features the biggest-ever representation of business at the annual U.N. summit, amid hopes for more private investment toward climate causes. "The scale of the climate crisis demands urgent and game-changing solutions from every industry," COP28 President Ahmed Al-Jaber said.
Persons: COP28, Johanna Geron, Prince Abdulaziz bin Salman, Crown Prince Mohammad bin Salman, Nicholas Stern, Mia Mottley, Antonio Guterres, Zaigham Abbas, Abu Dhabi, Ahmed Al, Jaber, Simon Jessop, Maha El, Al Sayegh, Alexander Cornwell, Elizabeth Piper, David Stanway, Katy Daigle Organizations: of, European Union, REUTERS, Companies, Saudi, United, United Arab Emirates, Saudi Green Initiative, Crown, Grantham Research, Asian Peoples ' Movement, Development, African Development Bank, European Bank for Reconstruction, Copenhagen Infrastructure Partners, BlackRock, HSBC, Finance, Reuters, Thomson Locations: Dubai, Brussels, Belgium, Companies UAE, DUBAI, COP28, United Arab, Saudi Arabia, Sharm el, Sheikh, Egypt, Paris, China, Grantham, Barbados, France, Japan, Copenhagen, Abu
CNN —The president of the COP28 climate summit, Sultan Al Jaber, recently claimed there is “no science” that says phasing out fossil fuels is necessary to limit global warming to 1.5 degrees Celsius above pre-industrial levels, in comments that have alarmed climate scientists and advocates. The future role of fossil fuels is one of the most controversial issues countries are grappling with at the COP28 climate summit. Al Jaber was asked by Mary Robinson, former president of Ireland and current chair of the Elders Group, an independent group of global leaders, if he would lead on phasing out fossil fuels. While some argue carbon capture will be an important tool for reducing planet-heating pollution, others argue these technologies are expensive, unproven at scale and a distraction from policies to cut fossil fuel use. “They are not going to get any help from the COP Presidency in delivering a strong outcome on a fossil fuel phase out,” he said in a statement.
Persons: Sultan Al Jaber, Al Jaber, Mary Robinson, Robinson, , Al Jaber’s, what’s, Romain Ioualalen, Al, ” Joeri, Mohamed Adow, Angela Dewan, Rachel Ramirez Organizations: CNN, , Guardian, Elders Group, Abu, Abu Dhabi National Oil Company, UN, International Energy Agency, IEA, Stockholm Environment Institute, Change, Imperial College London Locations: Paris, , Abu Dhabi, Stockholm, UN, UAE
The remarks, which were made by Al-Jaber during a live online event on Nov. 21, were described as "farcical" by climate scientists. Asked to respond to Al-Jaber's comments, Kerry replied, "That's not the argument." watch nowA spokesperson for COP28 wasn't immediately available to comment when asked about Al-Jaber's comments. A spokesperson for COP28 told The Guardian: "The IEA and IPCC 1.5C scenarios clearly state that fossil fuels will have to play a role in the future energy system, albeit a smaller one. A "phase out" commitment would likely require a shift away from fossil fuels until their use is eliminated, while a "phase down" could indicate a reduction in their use — but not an absolute end.
Persons: John Kerry, Sean Gallup, Sultan Al, Jaber, Kerry, That's, CNBC's Tania Bryer, COP28 wasn't, COP28 Organizations: U.S, Getty, Getty Images, UNITED, EMIRATES —, The Guardian, Climate, COP28, United, Al, Guardian, United Arab Emirates, Abu, Abu Dhabi National Oil Company Locations: China, UAE, Nigeria, Dubai, Getty Images Dubai, EMIRATES — U.S, United Arab Emirates, Al, Abu Dhabi
Former U.S. Vice President Al Gore speaks during an interview with Reuters at the United Nations Climate Change Conference (COP28), in Dubai, United Arab Emirates, December 3, 2023. REUTERS/Amr Alfliky Acquire Licensing RightsDUBAI, Dec 3 (Reuters) - Climate advocate and former U.S. Vice President Al Gore on Sunday slammed the UAE - host of the COP28 climate summit - saying its position as overseer of international negotiations on global warming this year was an abuse of public trust. "They are abusing the public's trust by naming the CEO of one of the largest and least responsible oil companies in the world as head of the COP," Gore said. That data came from a coalition he co-founded called Climate TRACE, which uses artificial intelligence and satellite data to track carbon emissions of specific companies, Gore said. "The current state of the technology for carbon capture and direct air capture is a research project," Gore said.
Persons: Al Gore, Amr Alfliky, Sultan al, Jaber, Gore, Darren Woods, There's, Valerie Volcovici, Will Dunham Organizations: U.S, Reuters, United Nations, Change, United Arab Emirates, REUTERS, Rights, Sunday, Democratic Party's, Exxon Mobil, Thomson Locations: Dubai, United Arab, UAE
By Valerie VolcoviciDUBAI (Reuters) - Climate advocate and former U.S. Vice President Al Gore on Sunday slammed the UAE - host of the COP28 climate summit - saying its position as overseer of international negotiations on global warming this year was an abuse of public trust. "They are abusing the public's trust by naming the CEO of one of the largest and least responsible oil companies in the world as head of the COP," Gore said. That data came from a coalition he co-founded called Climate TRACE, which uses artificial intelligence and satellite data to track carbon emissions of specific companies, Gore said. Gore urged delegates to agree to language in the final text issued at the summit to phase out fossil fuels, without caveats or mentions of carbon capture technology. "The current state of the technology for carbon capture and direct air capture is a research project," Gore said.
Persons: Valerie Volcovici DUBAI, Al Gore, Sultan al, Jaber, Gore, Darren Woods, There's, Valerie Volcovici, Will Dunham Organizations: Reuters, U.S, Sunday, Democratic Party's, Exxon Mobil Locations: UAE, Dubai
CNN —Vice President Kamala Harris said in a meeting Saturday with Egyptian President Abdel Fattah el-Sisi that Washington will not allow for the forced relocation of Palestinians or any redrawing of the current border of the Gaza Strip. “Under no circumstances will the United States permit the forced relocation of Palestinians from Gaza or the West Bank, the besiegement of Gaza, or the redrawing of the borders of Gaza,” Harris said, according to a statement from the vice president’s office. However, regional leaders like Jordan’s King Abdullah II have expressed concerns that Israel could use the conflict to seize parts of Gaza or expel its Palestinian residents. It’s unclear what role Israel plans to play after the conflict ends. During their meeting, Harris and Sisi discussed “ideas for post-conflict planning in Gaza including efforts on reconstruction, security, and governance,” the statement said.
Persons: Kamala Harris, Abdel Fattah el, ” Harris, Jordan’s King Abdullah II, Israel, Benjamin Netanyahu, Harris, Sisi, , Joe Biden, Biden, CNN’s Shania Shelton Organizations: CNN, United, West Bank, United Arab Emirates, Palestinian Authority, White Locations: Washington, Gaza, United States, Dubai, Egypt, UAE, Jordan, Israel, Qatar
"Since then, the United States has turned ambition into action." On the sidelines of the conference, the United States also unveiled new measures to curb emissions of the powerful greenhouse gas methane from oil and gas operations. That awkward coincidence underscores one of COP28's most contentious questions: Can the world's response to climate change involve continuing use of fossil fuels? Harris told the conference that the United States supports phasing out of "unabated coal" use, but she did not mention other fossil fuels. "We're in a context in which we need to reduce production of fossil fuels and ... we need to be on a path of lower consumption.
Persons: Kamala Harris, Joe Biden, Harris, haven't, aren't, Catherine Abreu, John Podesta, Richard Valdmanis, Valerie Volcovici, Sarah McFarlane, Simon Jessop, Katy Daigle, Kevin Liffey, Diane Craft Organizations: Climate Fund, OPEC, United, UAE, Saturday, Exxon Mobil, Saudi Arabia's Aramco, Oil, Climate Initiative, Reuters, Thomson Locations: DUBAI, United States, Dubai, COP26, America, China, Texas, New Mexico, United Arab Emirates, U.S, Saudi, Ukraine
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCOP28: UAE minister of climate change and environment speaks to CNBCMariam Almheiri, minister of climate change and environment of the UAE, speaks to CNBC at COP28 in Dubai.
Persons: CNBC Mariam Almheiri Organizations: COP28, CNBC Locations: UAE, Dubai
'Funding commitments need to follow through,' UAE official urges
  + stars: | 2023-12-02 | by ( )   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Funding commitments need to follow through,' UAE public education minister says"Funding commitments need to follow through," urges Sarah Al Amiri, UAE minister of state for public education and advanced technology.
Persons: Sarah Al Amiri Locations: UAE
Harris said the US would pledge another $3 billion to the Green Climate Fund – the main finance vehicle to help developing nations adapt to the climate crisis and cut fossil fuel pollution. “Today we are demonstrating through action how the world can and must meet this crisis,” Harris said. Harris’ attendance at the summit in Dubai is in line with her recent steps to ramp up public messaging on climate change. We must treat the climate crisis as the existential threat it truly is. In what represented an early success, several countries pledged millions of dollars to help nations hit hardest by the climate crisis.
Persons: Kamala Harris, Harris, ” Harris, Coal, , Joe Biden, Biden, Donald Trump, , CNN’s Priscilla Alvarez, Sam Fossum, Ella Nilsen Organizations: DC CNN —, US, Environmental Protection Agency, Past Coal Alliance, Energy Information Administration, UAE, Japan, Biden, Republican, Washington Post, University of Maryland Locations: Washington, Dubai, United States, Israel, Gaza, Germany, Paris
There's also an ongoing debate about whether an agreement should center on "abated" fossil fuels, which are trapped and stocked with carbon capture and storage technologies, or "unabated" fossil fuels, which are largely understood to be produced and used without substantial reductions in the amount of emitted greenhouse gases. "We cannot save a burning planet with a firehose of fossil fuels," Guterres said. "The 1.5-degree limit is only possible if we ultimately stop burning all fossil fuels. Not everyone is on board with calls to phase out fossil fuels, however. An Exxon Mobil gas station in Washington, DC, US, on Tuesday, Nov. 28, 203.
Persons: Darren Woods, There's, Steve Sedgwick, Woods, U.N, António Guterres, Guterres, Phaseout, David Paul Morris, Exxon Mobil's Woods, Tengku Muhammad Taufik, I'm Organizations: UNITED, EMIRATES, Exxon Mobil, United Arab Emirates, United Arab, Exxon Mobil Corp, Economic Cooperation, APEC, Bloomberg, Getty Images Bloomberg, Getty, Exxon, Big Oil, Petronas, Natural Resources, Mobil Locations: Dubai, COP28, Russia, United Arab Emirates, Asia, San Francisco , California, San Francisco, China, UAE, Washington , DC
A pipeline that moves methane gas from the Frank R. Bowerman landfill to an onsite power plant is shown in Irvine, California, California, U.S., June 15, 2021. The philanthropies, which include the Bezos Earth Fund, Bloomberg Philanthropies and the Sequoia Climate Foundation, will help accelerate the phase-down of methane emissions and other non-carbon dioxide greenhouse gases. That means that reining in methane emissions can have a more immediate impact in limiting climate change. Research firm Kayrros, which tracks methane emissions, said on Friday that despite the pledge, emissions of methane are not coming down, and in some places, they are even going up. Rapid cuts in methane emissions from fossil fuels could lead to a reduction of 0.1°C in global temperature rise by mid-century," said Antoine Rostand, CEO of Kayrros.
Persons: Frank R, Bowerman, Mike Blake, Bloomberg Philanthropies, , Mia Amor Mottley, “ We’ve, Antoine Rostand, Valerie Volcovici, Frances Kerry Organizations: REUTERS, Rights, Fund, Bloomberg, Sequoia Climate Foundation, U.S, Thomson Locations: Irvine , California , California, U.S, United States, UAE, China, Barbados, EU
CNN —Israeli President Isaac Herzog spent his day on Friday meeting with high-profile leaders at the COP28 climate talks in Dubai. Herzog was supposed to give an address that day calling for action on the climate crisis. The Israel-Hamas war is casting a shadow over the COP28 climate talks. The UK's King Charles III shakes hands with Israeli President Isaac Herzog at the COP28 climate talks in Dubai on December 1, 2023. The Middle East has long been wracked with conflict, but the climate crisis was one area that was helping repair old rifts.
Persons: Isaac Herzog, Herzog, King Charles III, Recep Tayyip Erdogan, Cyril Ramaphosa, Israel, Rishi Sunak, Israel “, ” Sunak, Iran doesn’t, It’s, Jordanian King Abdullah II, , , Ulrich Eberle, Biden, ” Eberle, Joe Biden, , Jordan, Ayman Safadi, Al, haven’t, Alden Meyer, ” Alden, “ It’s Organizations: CNN, United Arab, European Union, United Nations, Hamas, Presidential Press, Reuters, South, Israel, UN, Crisis, Gaza, , UAE Locations: Dubai, Gaza, United Arab Emirates, Qatar, United Kingdom, India, Israel, Iran, China, Jordanian, SeanGallup, UAE, Palestinian, Al Jazeera, Ukraine
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