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CNN —Tens of thousands of people are heading to Dubai in early December for COP28, the annual international climate summit convened by the United Nations. While the science behind human-caused climate change was still young, scientists knew even then it would be life-changing. The controversy at COP28The climate summit is hosted at a different location each year. “It tells us clearly that the world is not on track to achieve our global climate goals,” Melanie Robinson, the global climate program director for the World Resources Institute, told CNN. A major debate among the parties has been whether to “phase out” or “phase down” fossil fuels.
Persons: John Kerry, Ian Langsdon, , United Arab Emirates —, Critics, Al Jaber, Britain's King Charles III, COP28, Sultan Ahmed al Jaber, Aaron Chown, John Kerry —, Al Jaber’s, King Charles III, Pope Francis, Joe Biden, China’s, Jinping, Biden, Xi, Larry Fink, It’s, ” Melanie Robinson, ” Robinson, , Maya Siddiqui, Nate Warszawski, , CNN’s Ivana Kottasová Organizations: CNN, COP28, United Nations, Getty, UN, “ Conference, United, United Arab Emirates, Minister of State, Abu Dhabi National Oil Company, Buckingham Palace, US, Publishing, decarbonize, Wall, BlackRock, World Resources Institute, Bloomberg, World Bank Locations: Dubai, Le Bourget, Paris, AFP, Berlin, COP21, United Arab, UAE, Abu Dhabi, Buckingham, France, Germany, Japan, Hami city, Xinjiang province, China, Saudi Arabia, Syria, Russia, Iran, Israel, Egypt, COP27
From left, President Xi Jinping and President Joe Biden. Getty ImagesPresident Joe Biden hopes to walk away from his closely watched summit with Chinese President Xi Jinping on Wednesday having put the US-China relationship on steadier footing after months of tension between the two superpowers. With conflicts raging in the Middle East and Europe as he prepares to fight for reelection, Biden hopes to prevent another crisis from exploding on his watch. He is not only looking to demonstrate to Americans – but also to Xi directly – why an improved relationship with Beijing is in everyone’s interests. “Intense competition requires and demands intense diplomacy to manage tensions and to prevent competition from verging into conflict or confrontation.”Read more about Biden's meeting with Xi.
Persons: Xi Jinping, Joe Biden, Biden, Xi, week’s Biden, Jake Sullivan, Wang Yi, Antony Blinken, Janet Yellen, Gina Raimondo, John Kerry, , Organizations: Getty, Foreign, China’s, American, Locations: China, East, Europe, Beijing, California, Washington
From left, President Xi Jinping and President Joe Biden. Getty ImagesPresident Joe Biden hopes to walk away from his closely watched summit with Chinese President Xi Jinping on Wednesday having put the US-China relationship on steadier footing after months of tension between the two superpowers. With conflicts raging in the Middle East and Europe as he prepares to fight for reelection, Biden hopes to prevent another crisis from exploding on his watch. He is not only looking to demonstrate to Americans – but also to Xi directly – why an improved relationship with Beijing is in everyone’s interests. “Intense competition requires and demands intense diplomacy to manage tensions and to prevent competition from verging into conflict or confrontation.”Read more about Biden’s meeting with Xi.
Persons: Xi Jinping, Joe Biden, Biden, Xi, week’s Biden, Jake Sullivan, Wang Yi, Antony Blinken, Janet Yellen, Gina Raimondo, John Kerry, , Organizations: Getty, Foreign, China’s, American, Locations: China, East, Europe, Beijing, California, Washington
Nearly a third of that renewable energy should come from wind and solar power, said the report by researchers of Berlin-based Agora Energiewende. In 2021, they had installed a total of just 11.9 gigawatts of solar energy and 1.5 gigawatts of wind energy. As of the end of 2022, the U.S. had installed capacity of more than 144 GW of wind power and 110 GW of solar photovoltaic power. The report calls for a “paradigm shift” to speed up the transition to wind and solar power. At the same time, power grids need to be upgraded to allow for the variability and unpredictability of wind and solar power, it said.
Persons: , Mathis Rogner, Antonio Guterres, Kanika Chawla, Chawla Organizations: United Nations, Agora, Agora Energiewende, U.S ., Sustainable Energy, U.K, AP Locations: HANOI, Vietnam, Berlin, Indonesia, Japan, South Korea, China, India, Southeast Asia, Philippines, Thailand, Pakistan, Bangladesh, Taiwan, U.S, Korea, . South Korea
The two sides decided to “operationalize” a suspended bilateral working group to “engage in dialogue and cooperation to accept concrete climate actions” in this decade, according to the statement. That working group was first proposed by Kerry and Xie in 2021 at the United Nations climate summit in Glasgow, but has been on hold since August last year. Both countries agreed to economy-wide reductions of all greenhouse gases in their international climate commitments for 2035, including carbon dioxide, methane, and hydrofluorocarbons. Li Shuo, the director of China Climate Hub at the Asia Society Policy Institute, said China’s pledge to set release targets for all greenhouse gas emissions was arguably the most notable point in the statement. Non-carbon dioxide gases such as methane still account for a considerable share of China’s greenhouse gas emissions,” he said.
Persons: Joe Biden, Xi Jinping, John Kerry, Xie Zhenhua, Kerry, Xie, , Li Shuo, China’s, you’re, Li Organizations: CNN, Economic Cooperation, US State Department, China’s Ministry of Ecology, United, , Asia Society Policy Institute, UN, Asia Society Locations: United States, China, San Francisco, Asia, Beijing, Washington, Taiwan, California, United Nations, Glasgow, Dubai, COP28, UAE
San Francisco CNN —President Joe Biden hopes to walk away from his closely watched summit with Chinese President Xi Jinping on Wednesday having put the US-China relationship on steadier footing after months of tension between the two superpowers. Biden administration officials have been working ever since to restore the channel, but those efforts were hampered by the tense episode involving a Chinese spy balloon that Biden ordered shot down earlier this year. And American officials have watched carefully as China scales up its military exercises in the water and air around the island. A political tight ropeAs Biden was preparing for Wednesday’s summit, Republicans questioned his decision to seek a meeting with Xi. The deal, which has been a priority for the Biden administration, would target companies that produce and export the source material to make the deadly synthetic opioid.
Persons: Joe Biden, Xi Jinping, Biden, Xi, week’s Biden, Jake Sullivan, Wang Yi, Antony Blinken, Janet Yellen, Gina Raimondo, John Kerry, , , they’d, Nancy Pelosi, ” Sullivan, ” Biden, “ They’ve, Nikki Haley, , Sullivan Organizations: San Francisco CNN, Foreign, China’s, American, , China’s Communist Party, Biden, South, Republicans Locations: San, China, East, Europe, Beijing, California, Washington, Bay, Taiwan, Bali, San Francisco, South Carolina, Mexico
His stance on fossil fuels put him at odds with his party and he was frequently blamed for single-handedly quashing some of the Biden administration's most ambitious climate policy goals. Even as West Virginia overwhelmingly voted for former President Donald Trump in the 2016 and 2020 elections, Manchin easily won reelection in 2018. With Manchin gone, his successor will almost certainly be a Republican — most likely West Virginia Gov. Thanks to his GOP credentials and embrace of Trump, he's even less likely to be a climate ally than Manchin. Democrats, whose Senate majority is already slim, could lose that Senate seat for the foreseeable future — making any climate bills that much harder to pass.
Persons: Sen, Joe Manchin, Manchin, Democratic Sen, Joe Biden's, he's, Katie Myers, Grist, Paul Bledsoe, Chuck Schumer, Gerry Petrella, Schumer, Donald Trump, Jim Justice, Organizations: Republican, Service, Democratic, GOP, Energy, Natural Resources Committee, Biden, American University's Center, Environmental, E, Democrat, Virginia Gov, Trump Locations: West Virginia, United States, Virginia
During his news conference following the summit, Biden summed up his approach to the Chinese leader. Xi at one point called on the United States to “not scheme to suppress or contain China,” Chinese state media reported. In the talks, Biden made clear to Xi that he viewed Hamas as separate from the Palestinians. As host of the meeting, Biden walked out of the building first to welcome Xi. Speaking after Biden, Xi offered starker view of US-China ties.
Persons: Joe Biden, Xi Jinping, Biden, Xi, , , “ That’s, ” Biden, Antony Blinken, Jake Sullivan, Defense Lloyd Austin, we’ve, – Biden, Xi’s, readouts, ” Xi, I’ve, I’m, That’s, Wang Yi, they’d, Sullivan, Wang, Janet Yellen, Gina Raimondo, John Kerry, , Nikki Haley Organizations: California CNN, Biden, Defense, US, Xinhua, Hamas, Marine, China’s, American, South, Republicans Locations: Woodside, California, China, Washington, Beijing, United States, , Taiwan, San Francisco, Israel, Iran, East, Europe, Blinken, South Carolina
“Climate change is affecting every aspect of our lives,” Hayhoe told CNN. Here are five significant takeaways from the federal government’s sweeping climate report. Climate change doesn’t cause things like hurricanes or wildfires, but it can make them more intense or more frequent. And hotter and drier conditions from climate change can help vegetation and trees become tinderboxes, turning wildfires into megafires that spin out of control. But it’s not happening nearly fast enough to stabilize the planet’s warming or meet the United States’ international climate commitments, the report explains.
Persons: Katharine Hayhoe, ” Hayhoe, we’re, Rick Curtis, Hilary Swift, Joe Biden, , John Podesta, Ethan Swope, Biden, West Virginia –, Scott Brauer, Dave White, White, ” White Organizations: CNN, UN, Texas Tech University, New York Times, ” White, United States, Bloomberg, Getty, Arizona State University, Rockies Locations: Barre , Vermont, Maricopa County, Vermont, Maui, Gulf, Aguanga , California, California, Florida , Louisiana, Texas, Kentucky, West Virginia, rainstorms, China, India, Barnstable , Massachusetts, Southwest, California’s Sierra Nevada, West
The National Climate Assessment, which comes out every four to five years, was released Tuesday with details that bring climate change's impacts down to a local level. Compared to earlier national assessments, this year’s uses far stronger language and “unequivocally” blames the burning of coal, oil and gas for climate change. In the Midwest, both extreme drought and flooding threaten crops and animal production, which can affect the global food supply. “Climate change is finally moving from an abstract future issue to a present, concrete, relevant issue. Five years ago, when the last assessment was issued, fewer people were experiencing climate change firsthand.
Persons: , Zeke Hausfather, Kim Cobb, , of Colorado's Waleed Abdalati, Katharine Hayhoe, they'd, Hayhoe, there's, Colorado's Abdalati, Arati Prabhakar, Hausfather, Rob Jackson, ” ___ Borenstein, Webber, Seth Borenstein, Tammy Webber Organizations: Berkeley, midcentury, U.S ., Brown University, AP, of Colorado's, NASA, Nature Conservancy, Texas Tech University ., Associated Press, NORC, for Public Affairs Research, Colorado's, Biden, White, ” Stanford University, Twitter Locations: United States, Alaska, Great, Hawaii, U.S, U.S . Caribbean, Brown, America, Kensington , Maryland, Fenton , Michigan
Siemens Energy is a key player in Germany’s energy transition and employs some 26,000 people in the country. The company’s difficulties have served as a warning that financial problems weighing on makers of renewable energy equipment could be growing more severe. Siemens Energy is the parent company of Siemens Gamesa, one of the world’s leading wind turbine makers. What Happens Next: Siemens Energy opens its books. On Wednesday, Siemens Energy will announce its earnings for the fiscal year that ended on Sept. 30.
Persons: Chancellor Olaf Scholz, Siemens Gamesa, Denmark’s Orsted Organizations: Siemens Energy, Germany, Siemens, Air Liquide Locations: Berlin, French, Denmark, Spain, New Jersey, United States, Frankfurt
The idea that either party could pick up six Senate seats in a single election seems crazy today, when only a handful of seats are viewed as truly competitive. The country and West Virginia changed around ManchinJust before Manchin arrived in the Senate, there were two Democrats representing West Virginia and two Republicans representing Arizona. One person who is running to replace Manchin, West Virginia Gov. While they are on defense in key races across the country, Democrats’ two remotely plausible pickup opportunities, in Florida and Texas, are also states that went for Trump. Meanwhile, now that he’s not running for reelection, Manchin wants to take his brand on the road.
Persons: Sen, Joe Manchin, Manchin, There’s, there’s, Jim Justice, Donald Trump, Joe Biden, CNN’s Simone Pathe, Kyrsten Sinema, , What’s, codifying Roe, Wade, , ” Manchin, He’s Organizations: CNN, Republicans, Senate, Republican, Democrats, Dakotas, West, Arizona, West Virginia Gov, Democratic, GOP, White House, Trump, Democratic Party, , The, House, Biden, White Locations: Kentucky, West Virginia, Massachusetts, Arkansas, Arizona, Manchin, Montana and Ohio, Pennsylvania, Wisconsin, In Arizona, Florida, Texas, Alabama, Georgia, New York, North Carolina, Washington, America
A temperature display reading 99 degrees Fahrenheit (37.2 degrees Celsius) in Houston, Texas, on June 21, 2023. “October 2023 has seen exceptional temperature anomalies, following on from four months of global temperature records being obliterated,” Samantha Burgess, deputy director of Copernicus, said in a statement. Every month since June has smashed monthly heat records and every month since July has been at least 1.5 degrees Celsius above pre-industrial levels. The year to-date is averaging 1.43 degrees Celsius above pre-industrial levels, according to Copernicus — perilously close to the internationally agreed ambition to limit global warming to 1.5 degrees Celsius. China saw more than 12 monthly temperature records broken on Monday, with temperatures reaching 34 degrees Celsius (93 Fahrenheit) in some places.
Persons: ” David Reay, Niño, ” Andrew Pershing, , Chen Chen, Samantha Burgess, Copernicus, ” Hannah Cloke, Hurricane Otis, ” Reay, it’s what’s, Friederike Otto, , “ El Niño, ” Pershing, ” CNN’s Robert Shackelford, Sara Tonks, Brandon Miller Organizations: CNN, University of Edinburgh, Climate, University of Reading, Hurricane, Southern, Grantham Institute, Imperial College London, UN Locations: Edinburgh, India, United States, South, Southwest, Houston, Iceland, Lesotho, Houston , Texas, Xinhua, Southern Mexico, China, Texas, Dubai, Paris
The EU's proposed "Euro 7" law would tighten limits on health-harming pollutants from combustion engine cars. The European Commission, which drafts new EU laws, has said the health benefits would far outweigh the costs. However, EU countries and lawmakers - which are in charge of negotiating the final law in the coming months - have each agreed to weaken the rules. Green lawmakers criticised the vote as a missed chance to reduce the roughly 70,000 premature deaths per year in Europe attributed to vehicle pollution. "The EU is missing the opportunity to be the future leader in green technology," Green EU lawmaker Bas Eickhout added.
Persons: Yves Herman, Alexandr Vondra, Bas Eickhout, Adolfo Urso, Kate Abnett, Alvise Armellini, Sharon Singleton Organizations: REUTERS, Rights, New, European Commission, Commission, Italy's Industry, EU, Thomson Locations: Brussels, Belgium, Rights BRUSSELS, Union, Europe, Italy, Czech Republic
That was 0.85 degrees Celsius above the 1991-2020 average for October and 1.7 degrees Celsius warmer than the preindustrial period of 1850-1900. It leaves 2023 firmly on track to surpass the temperature average for 2016 — currently the warmest year ever recorded. Samantha Burgess, deputy director of C3S, said the exceptional temperature anomalies of October followed a four-month period in which global temperature records were "obliterated." "We can say with near certainty that 2023 will be the warmest year on record, and is currently 1.43ºC above the preindustrial average," Burgess said. Referencing the upcoming 2023 United Nations Climate Change Conference, she added, "The sense of urgency for ambitious climate action going into COP28 has never been higher."
Persons: Sakis MITROLIDIS, SAKIS MITROLIDIS, , Samantha Burgess, C3S, Burgess, COP28 Organizations: European Union, Getty, Change Locations: Alexandroupoli, Greece, Cyprus, Romanian, AFP, El
Last month smashed through the previous October temperature record, from 2019, by a massive margin, the EU's Copernicus Climate Change Service (C3S) said. The record-breaking October means 2023 is now "virtually certain" to be the warmest year recorded, C3S said in a statement. "When we combine our data with the IPCC, then we can say that this is the warmest year for the last 125,000 years," Burgess said. The only other time before October a month breached the temperature record by such a large margin was in September 2023. Michael Mann, a climate scientist at University of Pennsylvania, said: "Most El Nino years are now record-breakers, because the extra global warmth of El Nino adds to the steady ramp of human-caused warming."
Persons: Akhtar Soomro, Samantha Burgess, Copernicus, C3S, Burgess, Michael Mann, El, El Nino, Piers Forster, Kate Abnett, Jan Harvey Organizations: REUTERS, Rights, Union, El, University of Pennsylvania, El Nino, University of Leeds, Thomson Locations: Jacobabad, Pakistan, Rights BRUSSELS, El Nino, Libya, South America
October 2023 was the warmest October on record globally, according to data from European climate scientists released on Wednesday. It comes on the heels of the hottest September on record and the hottest summer months globally, rounding out a year of record temperatures around the planet. “We can say with near certainty that 2023 will be the warmest year on record, and is currently 1.43 degrees Celsius above the preindustrial average,” Samantha Burgess, deputy director of the Copernicus Climate Change Service, said in a statement.
Persons: ” Samantha Burgess
“The amount that we’re smashing records by is shocking,” Burgess said. After the cumulative warming of these past several months, it’s virtually guaranteed that 2023 will be the hottest year on record, according to Copernicus. Scientists monitor climate variables to gain an understanding of how our planet is evolving as a result of human-generated greenhouse gas emissions. A warmer planet means more extreme and intense weather events like severe drought or hurricanes that hold more water, said Peter Schlosser, vice president and vice provost of the Global Futures Laboratory at Arizona State University. Historically, the ocean has absorbed as much as 90% of the excess heat from climate change, Burgess said.
Persons: Samantha Burgess, ” Burgess, it’s, Copernicus, Peter Schlosser, " Schlosser, , Burgess, Schlosser, That’s, , Friederike Otto, Seth Borenstein, ___, Melina Walling Organizations: Global Futures Laboratory, Arizona State University, El Nino, Imperial College London, AP Locations: Paris, Washington, ___
Climate tech startups Montinutra, Harvest Thermal, Bisly, and Twig have recently raised a collective $13.6 million between them as early-stage deals continue to dominate the venture capital industry. Biochemicals startup Montinutra, founded in 2018, raised 2 million euros, $2.1 million, in October to convert forestry sidestreams into sustainable alternatives to petrochemicals. Check out the 18-slide pitch deck below:MontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraMontinutraHeat pump startup Harvest Thermal raised $4 millionCalifornia-based Harvest Thermal raised a $4 million round for its heat pump and thermal storage combination in October. It is riding political tailwinds amid the US' recent commitment to install 20 million heat pumps by 2030. Check out the redacted pitch deck that it used to raise the funds below:Harvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest Thermal Harvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalHarvest ThermalBuilding energy management startup Bisly secured $3.8 millionEstonian startup Bisly, which wants to make it cheaper to improve the energy efficiency of buildings, just raised 3.6 million euros, $3.8 million, in seed funding in October.
Persons: Twig, Pajunen, Portfolia, Russ Tucker Organizations: Metsä, Earth Foundry, Climate Partners, Starshot, National Science Foundation, California Energy Commission, International Energy Agency, Aconterra, Second Century Ventures, SmartCap, Fund, Pinorena, Innovation, Seed Fund Locations: California, London
For Palestinian and Muslim students, the invocation of terrorism law is especially frightening. But now advocates for Palestinian rights describe a new level of repression. “That’s the difference.”No one should underestimate how awful the campus climate is for many Jewish students, who’ve experienced a surge in violence and abuse. In some social justice circles, then, support for Israel is viewed as something akin to support for the K.K.K. There is little reason to think that the pressure brought to bear by these outside institutions is making Jewish students any safer.
Persons: Louis D, Law, Ron DeSantis, DeSantis, , Donald Trump, Radhika Sainath, Columbia University’s Rashid Khalidi, , who’ve, Jewish counterprotesters, Erwin Chemerinsky, George Floyd, they’ve, Kenneth Stern, Bard College’s, ” Stern, He’s, Stern, Trump, scenesters, Joe Rogan, Elon, that’s, Khalidi Organizations: Defamation League, Brandeis Center for Human, Justice, ADL, Brandeis, Republican, Palestinian, Homeland Security, Education, Israel, Palestine, Columbia, Cornell, Jewish, Tulane, University of California, America, Peace, Bard College’s Center, National Lawyers Guild, American Jewish Committee, International Holocaust, Alliance, The, Rights, Elon Musk, West Bank Locations: Palestine, Israel, Ron DeSantis , Florida, Florida, United States of America, Berkeley, America, Gaza City, Gaza, West
U.S. President Joe Biden holds an event about American retirement economics in the State Dining Room at the White House in Washington, U.S., October 31, 2023. The White House said it had no updates on Biden's travel plans. “President Biden has led and delivered on the most ambitious climate agenda in history, both at home and abroad. Such a deal would be a feather in the Democratic president's cap ahead of a 2024 presidential election where many liberal and younger voters rank climate change as a top issue. Asked if she would attend COP28, a spokesperson for Harris said "we don't have any travel to announce."
Persons: Joe Biden, Leah Millis, , Biden, , Abdel Fattah al, Jordan's King Abdullah II, Emmanuel Macron, Donald Trump, Kamala Harris, Harris, Trevor Hunnicutt, Jeff Mason, Alexander Cornwell, Valerie Volcovici, Heather Timmons, Stephen Coates Organizations: White, REUTERS, WASHINGTON, United Nations, Conference, Republican, Democratic, Association of Southeast Asian Nations, ASEAN, Thomson Locations: Washington , U.S, ABU DHABI, Dubai, United Arab Emirates, Gaza, Jordan, Paris, U.S, Egypt
Group members said Russian occupiers are snuffing out religious and other freedoms in areas of Ukraine under Russian control. “We are eyewitnesses of Russian atrocities going on in our country,” said Metropolitan Yevstratiy Zoria, a representative of the Orthodox Church of Ukraine. The Ukrainian Orthodox Church has declared its independence from Moscow and proclaimed its loyalty to Ukraine, but a government study commission contended that the UOC remains a structural unit of the Russian Orthodox Church. The other separate, but similarly-named church, Orthodox Church of Ukraine, was officially recognized as independent by Ecumenical Patriarch Bartholomew of Constantinople in 2019, but the Russian church has disputed the legitimacy of that recognition. Zoria decried statements by Moscow Patriarch Kirill of the Russian Orthodox Church, who has strongly supported the war as part of a metaphysical battle against Western liberalism and has said the Russian war dead have their sins forgiven.
Persons: Ivan Rusyn, , Freedom, , Bartholomew of Constantinople, you’re, Zoria, Kirill, ” Zoria, Yaakov Dov Bleich, ” Bleich, Vladimir Putin, Ukraine Akhmed Tamim Organizations: WASHINGTON, Ukrainian Evangelical Church, Ukrainian, of, U.S . Institute of Peace, Orthodox, of Ukraine, The U.S . Commission, ” UNESCO, U.S . State Department, Church, Orthodox Church of, Ecumenical, Metropolitan Zoria, Russian Orthodox Church, Administration, Lilly Endowment Inc, AP Locations: Ukrainian, United States, Ukraine, Russian, Rusyn, Christianity, The, , Houston, Moscow, Orthodox Church, Orthodox Church of Ukraine, of Ukraine, , Kyiv, America, Yugoslavia
Already, human activity has raised average global temperatures by about 1.2 degrees Celsius relative to preindustrial conditions. The most promising paths for avoiding 1.5 degrees are clearly gone, Joeri Rogelj, a climate scientist at Imperial College London who worked on the new projections, said at a news briefing. “And they have been gone for a while, to be honest,” he added. Even so, having an up-to-date picture of emissions and warming can still help governments figure out how to meet less ambitious climate goals, including the Paris pact’s second-best limit of 2 degrees Celsius. Every extra increment of warming increases the risk of dangerous heat waves, floods, crop failures, species extinctions and wildfires.
Persons: Joeri Organizations: Imperial College London, Paris Locations: Paris
London CNN —Global demand for oil, natural gas and coal — and the carbon pollution they generate — are expected to peak later this decade, according to a new report by the International Energy Agency. Driving the shift will be the “phenomenal rise” of clean sources of energy, the Paris-based agency said in its annual World Energy Outlook report, published Tuesday. The world’s second biggest economy — and largest energy consumer — has reached an “inflection point,” the IEA said, with its total energy demand set to peak around the middle of the decade. “We are today facing a major geopolitical crisis in the Middle East that could shock oil markets once again and deeply, because many oil producing countries are in that region,” Birol told reporters. “This comes on top of the insecurity that we had in the natural gas markets… after the invasion of Ukraine by Russia,” he added.
Persons: it’s, ’ —, Fatih Birol, , Hess, Brent, Birol, ” Birol, Organizations: London CNN — Global, International Energy Agency, Energy, , Organization of, Petroleum, , ExxonMobil, Chevron, IEA Locations: Paris, China, Israel, Ukraine, Russia, Northern Hemisphere
But even EU countries clashed over how ambitious to be - and their ministers were locked in talks into the evening on Monday. The faultlines tended to fall between wealthier EU members seeking rapid climate action, and poorer economies concerned about the cost of quitting fossil fuels. Another submission, by Saudi Arabia, did not explicitly mention a fossil fuel phase-out. 'NOT VERY HOPEFUL'The resistance shows how hard it will be to strike an ambitious climate deal at COP28. "I am not very hopeful," Carlos Fuller, U.N. climate negotiator for Belize, said of the fossil fuels phase-out - which Belize supports.
Persons: Wolfgang Rattay, Carlos Fuller, COP28, Jennifer Morgan, Natalie Jones, Kate Abnett, Glwadys Fouche, Katy Daigle, Barbara Lewis Organizations: REUTERS, Rights, Diplomats, Reuters, African Group, International Institute for Sustainable Development, Thomson Locations: Niederaussem, Germany, Rights BRUSSELS, Poland, Czech Republic, COP28, Russia, Saudi Arabia, Belize, COP27, China, Japan, United States, Colombia, Norway, U.N, Paris, Oslo
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