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Top related persons:
Steve Sedgwick - 19 CNBC's Steve Sedgwick - 6 CNBC's Dan Murphy - 6 I'm - 2 Borge Brende - 2 Antonio Tajani - 2 Krišjānis Kariņš - 2 Energy David Turk - 1
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COP28 United Arab Emirates Vilnius China Ukraine Lithuania Dubai U.S
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United - 5 NATO - 5 CNBC - 4 Getty - 3 Ambrosetti - 3 Exxon - 2 Economic - 2 European Central Bank - 2

Search resuls for: "Steve Sedgwick"


25 mentions found


☆ China's emissions targets not robust enough, U.S. energy chief says
  + stars: | 2023-12-04 | by ( Jenni Reid | ) www.cnbc.com   time to read: +3 min
watch nowChina's current emissions reduction targets are not as strong as they need to be, U.S. Deputy Secretary for Energy David Turk said Monday. Climate Action Tracker, an independent scientific review project, currently rates China's climate targets as "highly insufficient," and the U.S.'s as "insufficient." Another example of a tough question that needed addressing, Turk said, was on Scope 3 emissions — a measurement of direct and indirection emissions. "Many oil and gas companies, their Scope 3 emissions are 10 times Scope 1 and Scope 2 combined. watch nowOil and gas companies are currently "making an awful lot of profit," but only 1% of spending globally for clean energy is coming from oil and gas companies, he said.
Persons: Energy David Turk, Turk, CNBC's Steve Sedgwick, I've, that's, John Kerry Organizations: Energy, United Nations, U.S, Exxon, CNBC Locations: U.S, Paris, China
☆ Leaders at COP28 discuss energy security and the planned transition
  + stars: | 2023-12-04 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLeaders at COP28 discuss energy security and the planned transitionLeaders from various global nations speak to CNBC's Steve Sedgwick at the COP28 climate summit in Dubai.
Persons: Steve Sedgwick Locations: Dubai
☆ Oil and gas are 'part of the solution,' not the problem, former BP chief says
  + stars: | 2023-12-03 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil and gas are 'part of the solution,' not the problem, former BP chief saysOil and gas are "part of the solution," not the problem, BeyondNetZero Chairman John Browne, who once led BP, tells CNBC's Steve Sedgwick at COP28 in Dubai.
Persons: John Browne, Steve Sedgwick Organizations: Email, BP Locations: COP28, Dubai
☆ Exxon Mobil CEO urges COP28 to focus on reducing emissions — not phasing out fossil fuels
  + stars: | 2023-12-02 | by ( Sam Meredith | ) www.cnbc.com   time to read: +5 min
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
☆ Volvo Cars deputy CEO: We're doubling down on our climate action
  + stars: | 2023-12-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVolvo Cars deputy CEO: We're doubling down on our climate actionJavier Varela, deputy CEO of Volvo Cars, speaks to CNBC's Steve Sedgwick at COP28 in the United Arab Emirates.
Persons: Javier Varela, Steve Sedgwick Organizations: Volvo, United Locations: COP28, United Arab Emirates
☆ EY CEO discusses the energy transition
  + stars: | 2023-12-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEY CEO discusses the energy transitionCarmine Di Sibio, Ernst and Young CEO, speaks to CNBC's Steve Sedgwick at COP28 in the United Arab Emirates.
Persons: Carmine Di Sibio, Ernst, Young, Steve Sedgwick Organizations: United Locations: COP28, United Arab Emirates
☆ Climate crisis: The price of inaction far exceeds the price of action, WEF president says
  + stars: | 2023-11-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailClimate crisis: The price of inaction far exceeds the price of action, WEF president saysBorge Brende, president of the World Economic Forum, speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28 in the United Arab Emirates.
Persons: Borge Brende, CNBC's Dan Murphy, Steve Sedgwick Organizations: Economic, United Locations: COP28, United Arab Emirates
☆ Create something new instead of trying to reform the old, says Indian renewable energy firm's CEO
  + stars: | 2023-11-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCreate something new instead of trying to reform the old, says Indian renewable energy firm's CEOReNew CEO Sumant Sinha speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28.
Persons: Sumant Sinha, CNBC's Dan Murphy, Steve Sedgwick Locations: COP28
☆ We'll never achieve energy transition goals without nuclear energy, IAEA chief says
  + stars: | 2023-11-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe'll never achieve energy transition goals without nuclear energy, IAEA chief saysRafael Mariano Grossi, director general of the International Atomic Energy Agency, speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28.
Persons: Rafael Mariano Grossi, CNBC's Dan Murphy, Steve Sedgwick Organizations: IAEA, International Atomic Energy Agency Locations: COP28
☆ Elon Musk claims advertisers are trying to ‘blackmail’ him
  + stars: | 2023-11-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElon Musk claims advertisers are trying to ‘blackmail’ himElon Musk claimed at the DealBook summit that advertisers are trying to "blackmail" him, CNBC's Dan Murphy and Steve Sedgwick report.
Persons: ’, Elon Musk, CNBC's Dan Murphy, Steve Sedgwick Organizations: Elon
☆ Renewables: The 'real big money' has to be invested by private companies, says WEF president
  + stars: | 2023-11-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRenewables: The 'real big money' has to be invested by private companies, says WEF presidentBorge Brende, president of the World Economic Forum, speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28 in the United Arab Emirates.
Persons: Borge Brende, CNBC's Dan Murphy, Steve Sedgwick Organizations: Renewables, Economic, United Locations: COP28, United Arab Emirates
☆ CNBC's Sustainable Future Forum 2023
  + stars: | 2023-11-29 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: 1 min
For the first time, CNBC's Sustainable Future Forum will take place in-person, hosted on Sunday Dec. 3, 2023. in Dubai alongside the UN's flagship climate change conference, COP28. Hosted by Steve Sedgwick, the Co-Anchor of CNBC's flagship show 'Squawk Box,' the event will explore how global leaders of business, industry and public policy convey the vision of COP28 to consumers, societies and their other stakeholders. Amid public skepticism about progress towards a sustainable future, and tension between short-term economic demands and long-term changes, how do advocates of sustainability across business and government convince people their strategy and policies are right? How do you sell your vision of the future to win hearts and minds when many people are focused on the impacts of the economic downturn? Check out the speakers' list and agenda here.
Persons: Steve Sedgwick Organizations: COP28, CNBC's Locations: Dubai
☆ Peak crude demand is fueling anger and argument in the world of oil
  + stars: | 2023-10-05 | by ( Natasha Turak | ) www.cnbc.com   time to read: +5 min
Peak oil demand refers to the point in time when the highest level of global crude demand is reached, which will be immediately followed by a permanent decline. This would theoretically decrease the need for investments in crude oil projects and make them less economical as other energy sources take over. "Such narratives only set the global energy system up to fail spectacularly," OPEC Secretary General Haitham al-Ghais said in a Sept. 14 statement. The IEA's roadmap calls for daily oil demand to be slashed by 25% in seven years' time. 'We all strive for the same thing'OPEC leaders, meanwhile, point to continuing yearly increases in oil demand, particularly from major emerging markets like China and India.
Persons: Leonard Ortiz, It's, Haitham, Ghais, Claudio Descalzi, Steve Sedgwick, Descalzi Organizations: MediaNews, Orange, Getty, International Energy Agency, OPEC, IEA, Abu Dhabi International Petroleum Exhibition Conference, Abu Dhabi International Progressive Energy Conference, United, Eni Locations: Huntington Beach , California, United Arab Emirates, UAE, OPEC, China, India
☆ Inpex CEO discusses 'various pathways' for the energy transition
  + stars: | 2023-10-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInpex CEO discusses 'various pathways' for the energy transitionTakayuki Ueda, Inpex CEO, speaks to CNBC's Dan Murphy and Steve Sedgwick about the energy transition in Asia, especially regarding costs.
Persons: Takayuki Ueda, CNBC's Dan Murphy, Steve Sedgwick Organizations: Inpex Locations: Asia
☆ 'Very stupid': Italy's bank tax remains controversial as government scrambles to update it
  + stars: | 2023-09-04 | by ( Silvia Amaro | ) www.cnbc.com   time to read: +2 min
European bank shares dropped significantly in August after a surprise announcement from the Italian government for a new tax. Italy's shock tax on banks continues to prove controversial, even as the government insists it can improve it. "It's a very stupid law," Carlo Calenda, national secretary of the Azione political party, told CNBC over the weekend. Italy's Economy Minister Giancarlo Giorgetti said at Ambrosetti that the bank tax "can certainly be improved upon...but I do not accept that it is considered an unfair tax," according to Reuters. Antonio Tajani, the country's foreign minister and leader of the centre-right Forza Italia party, said the government is stable and the bank tax is not creating tensions.
Persons: Carlo Calenda, Italy's, CNBC's Steve Sedgwick, Giancarlo Giorgetti, Antonio Tajani, CNBC's Sedgwick Organizations: CNBC, House Ambrosetti, Brothers, Italy's, Reuters, Forza Italia Locations: Rome, Italy, Europe, Ambrosetti
☆ Germany is the 'sick man of Europe' — and it's causing a shift to the right, top economist says
  + stars: | 2023-09-04 | by ( Hannah Ward-Glenton | ) www.cnbc.com   time to read: +3 min
The "sick man of Europe" moniker has resurfaced in recent weeks as manufacturing output continues to stutter in the region's largest economy and the country grapples with high energy prices. It "has to do with the automobile industry, which is the heart of the German industry and many things hinge on that," he said. Germany reported a foreign trade deficit for the first time in decades in May 2022, totaling 1 billion euros ($1.03 billion). Plunge in business sentimentSinn said investor doubts about the feasibility of Germany's sustainability goals also play into the description of the country as the "sick man of Europe." Uncertainty about energy prices has likely contributed to a "plunge" in business sentiment, Holger Schmieding, chief economist at Berenberg, wrote in the note.
Persons: Hans, Werner Sinn, Sinn, CNBC's Steve Sedgwick, Thomas Lohnes, Berenberg, Holger Schmieding Organizations: European Central Bank, Getty, Ambrosetti, Berenberg Locations: Germany, Europe, Italy, Ukraine, Frankfurt, Saudi Arabia
☆ Many Italian parties are against China's Belt and Road Initiative, foreign minister says
  + stars: | 2023-09-02 | by ( Silvia Amaro | ) www.cnbc.com   time to read: +2 min
Many Italian parties are against Rome's participation in China's Belt and Road Initiative, Antonio Tajani, the country's foreign minister said Saturday, ahead of a critical decision on whether to quit the project. Under the agreement the two parties can end the deal after five years, otherwise the partnership gets extended for another five-year term. Tajani, however, did not confirm any specific time for when Italy will unveil its final decision on whether to continue in the Belt and Road Initiative. In this moment the countries without the Belt and Road Initiative, the European countries, are working better than us. For this, Italy will decide if [to] stay or not [to] stay in the Belt and Road Initiative.
Persons: Antonio Tajani, Rome, Mario Draghi, Tajani, Steve Sedgwick Organizations: Initiative, European Central Bank, Ambrosetti, Italy Locations: Italy, Beijing, Rome, China
☆ EU economics chief says Europe is gripped by a ‘double crisis’ — but it can avoid a recession
  + stars: | 2023-09-02 | by ( Silvia Amaro | ) www.cnbc.com   time to read: +1 min
Europe is facing the impact of a "double crisis," but the region can avoid a recession, Paolo Gentiloni, the European Commissioner for economic affairs, told CNBC on Saturday. "I think we are we facing the impact of the double crisis," Gentiloni said in reference to the geopolitical impact from Russia's full-scale invasion of Ukraine and the subsequent economic hit to the European continent. Russia's invasion of Ukraine in February last year sparked serious fears in Europe that the region would enter a significant economic slowdown. The euro area, in the end, grew at a rate of 3.5% in 2022, according to the International Monetary Fund. "The slowing down started from the last quarter of 2022 and it is there, but please don't call this a recession, because I think we can avoid a recession, we are avoiding recession," he said.
Persons: Paolo Gentiloni, Gentiloni, CNBC's Steve Sedgwick Organizations: CNBC, International Monetary Fund, Ambrosetti Locations: Europe, Ukraine, U.S, Germany, Russia, China
☆ 'Really bad economics': Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation
  + stars: | 2023-09-01 | by ( Elliot Smith | ) www.cnbc.com   time to read: +2 min
Mike Green | CNBCThe Federal Reserve "didn't do their homework" and mischaracterized the spike in inflation that has plagued the U.S. economy over the last two years, according to Nobel Prize-winning economist Joseph Stiglitz. The Fed didn't start hiking rates until March 2022 and Chair Jerome Powell repeatedly insisted that inflation was "transitory," indicating that it could be easily tamed. watch nowInstead, Stiglitz said that the price rises were often driven by other factors, such as a shortage of key components like semiconductor chips. In an effort to drag inflation back down towards its 2% target, the Fed has now hiked interest rates 11 times in total to a target range of 5.25%-5.5%, the highest level for more than 22 years. American auto companies forgot to put in orders for chips, and for want of a chip, you can't make a car."
Persons: Mike Green, Joseph Stiglitz, Jerome Powell, Stiglitz, CNBC's Steve Sedgwick Organizations: CNBC, Federal, Fed Locations: U.S
☆ 'After the war, they will be a member': Russia’s neighbors back Ukraine's NATO bid at summit
  + stars: | 2023-07-11 | by ( Karen Gilchrist | ) www.cnbc.com   time to read: +1 min
The leaders of Europe's Baltic states on Tuesday reiterated their support for Ukraine's expedited NATO membership bid, insisting that Kyiv should join the military alliance as soon as its war with Russia is over. Speaking on the first day of NATO's two-day summit, Latvia's Prime Minister Krišjānis Kariņš said that all allies were aligned on the embattled state's ultimate membership. Ukraine's accession to the alliance is one of the major topics on the agenda as NATO members meet in Vilnius, Lithuania this week. "It looks like there is no readiness either to invite Ukraine to NATO or to make it a member of the Alliance," Zelenskyy said on Telegram Tuesday, ahead of an expected appearance at the summit. It comes a day after NATO dropped its Membership Action Plan (MAP) requirement for Ukraine — one of the major sticking points in accession negotiations.
Persons: Krišjānis Kariņš, Kariņš, CNBC's Steve Sedgwick, I'm, Volodymyr Zelenskyy, Zelenskyy Organizations: Latvia's, NATO, Alliance Locations: Baltic, Russia, Ukraine, Vilnius, Lithuania
☆ Estonia PM says she 'understands' Zelenskyy frustration on NATO
  + stars: | 2023-07-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEstonia PM says she 'understands' Zelenskyy frustration on NATOKaja Kallas, PM of Estonia, speaks to CNBC's Steve Sedgwick at the NATO summit in Vilnius, Lithuania.
Persons: NATO Kaja Kallas, Steve Sedgwick Organizations: Estonia PM, NATO Kaja, NATO Locations: Estonia, Vilnius, Lithuania
☆ Turkey backs Sweden's bid to join NATO
  + stars: | 2023-07-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTurkey backs Sweden's bid to join NATONATO leaders gather in Vilnius, Lithuania, as Turkey backs Sweden's bid to join the alliance. Steve Sedgwick reports.
Persons: Steve Sedgwick Organizations: Turkey, NATO NATO Locations: Vilnius, Lithuania, Turkey
☆ German defense minister: Future of Ukraine is in NATO
  + stars: | 2023-07-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGerman defense minister: Future of Ukraine is in NATOBoris Pistorius, the German defense minister, speaks to CNBC's Steve Sedgwick at the NATO summit in Vilnius, Lithuania.
Persons: NATO Boris Pistorius, Steve Sedgwick Organizations: NATO Locations: Ukraine, Vilnius, Lithuania
☆ Baltic Sea will essentially now become a NATO sea: Latvia PM
  + stars: | 2023-07-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBaltic Sea will essentially now become a NATO sea: Latvia PMKrišjānis Kariņš, PM of Latvia, speaks to CNBC's Steve Sedgwick at the NATO summit in Vilnius, Lithuania.
Persons: Krišjānis Kariņš, Steve Sedgwick Organizations: NATO Locations: Latvia, Vilnius, Lithuania
☆ NATO summit begins in Vilnius this week
  + stars: | 2023-07-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNATO summit begins in Vilnius this weekCNBC's Steve Sedgwick reports from Vilnius where the Ukraine war and Sweden's accession will be key topics at a NATO summit this week.
Persons: Steve Sedgwick Organizations: NATO Locations: Vilnius, Ukraine
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