Most recent 40 articles: New York Times - Climate Section
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Can Carbon Capture Live Up to the Hype? - New York Times - Climate Section (Dec 6) |
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Dec 6 · The technology to capture and bury carbon dioxide has struggled to ramp up and has real limits. But experts say it could play a valuable role.
World leaders at the annual United Nations climate talks have battled for years over whether they should “phase out” fossil fuels like coal or just phase them “down.”
Now, another phrase has taken center stage at this year’s summit in Dubai: Should countries agree to end the use of “unabated” fossil fuels?
That peculiar word choice might allow nations to continue to burn coal, natural gas or oil as long as they trap and bury the resulting carbon dioxide, and stop the gas from heating the planet.
One big dispute is over ... | By Brad Plumer and Nadja Popovich Read more ...
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Seeking Higher Ground: Western Resorts Take Skiers Where the Snow Is - New York Times - Climate Section (Dec 6) |
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Dec 6 · New terrain development at ski resorts, primarily in Colorado, aims to chase and preserve snow, an invaluable commodity.
Despite the La Niña weather pattern that dumped snowfall by the foot last winter at many mountain resorts in the western United States, global warming fundamentally threatens the survival of the ski business. In response, ski areas are increasingly investing in efficient snow-making and carbon emissions reductions. Some areas, especially in the West, are also pursuing another method: developing terrain higher up mountains where colder climes or steeper, tree-filled terrain are more likely to hold the snow.
This winter, three ski areas in Colorado - ... | By Elaine Glusac Read more ...
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Air-Conditioning Use Will Surge in a Warming World, U.N. Warns - New York Times - Climate Section (Dec 5) |
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Dec 5 · By 2050, electricity use for cooling could double, driving up the greenhouse gas emissions that cause warming.
The future facing a warming planet: As global temperatures rise, more people will turn to air-conditioners to ward off the heat.
But the rise in cooling buildings and other spaces, which is also driven by rising incomes, population growth and urbanization, means that the world could use more than double the electricity it does now to stay cool, according to new United Nations research published on Tuesday at the global climate talks in Dubai.
The surge in electricity use in turn threatens to drive up the very greenhouse gas emissions that cause global ... | By Hiroko Tabuchi Read more ...
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Got Climate Angst? At the U.N. Summit, There’s a Quiet, Spiritual Place. - New York Times - Climate Section (Dec 5) |
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Dec 5 · A pavilion at COP28 offers a space for meditation, prayer and something that feels lacking, at times, from global warming talks: hope.
Reporting from the U.N. climate summit in Dubai, the United Arab Emirates
Among the hubs for climate scientists, activists and fossil fuel lobbyists at the United Nations climate summit is a new addition this year: a place to pray.
The first-ever Faith Pavilion, inaugurated by Pope Francis and the Grand Imam of Al-Azhar, Ahmed Al-Tayeb, in a video message on Sunday, offers a space for meditation, daily prayers and even a chanting session led by the Indian mystic and yogi Jaggi Vasudev, who goes by Sadhguru.
The pavilion is ... | By Jenny Gross Read more ...
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It’s Big Oil vs. Science at the U.N. Climate Summit - New York Times - Climate Section (Dec 5) |
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Dec 5 · As negotiators work to agree on a final text, attention has turned to a fundamental question: Will the talks call for a phaseout of fossil fuels?
Gelles, Friedman and Nereim are in Dubai, United Arab Emirates, reporting on the United Nations climate negotiations
With fresh promises to cut methane and billions of dollars in new commitments to help poor countries adapt to a warming planet, a sense of momentum and optimism pervaded the first days of the United Nations climate summit in Dubai.
Now comes the hard part.
Five days into the two-week conference, known as COP28, the talks have become consumed by an intense debate over the future of fossil ... | By David Gelles, Lisa Friedman and Vivian Nereim Read more ...
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New York City’s Composting Conundrum - New York Times - Climate Section (Dec 5) |
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Dec 5 · Subscriber-only Newsletter
Climate Forward
Community-based programs could lose funding under the mayor’s proposal.
With all that’s going on at COP28, it’s easy to forget that everyday climate activism is happening all over the world, including in a small community garden in Queens. Our colleague Hiroko Tabuchi has this dispatch.
Last weekend at the Rusty Wheelbarrow Farm in Woodside, Queens, a group of composters were hard at work in the dirt, but the mood was grim. New York City’s mayor, Eric Adams, has proposed cutting funding for the city’s community composting program, which supports programs like this one.
(The group included me: I was at the Rusty ... | By Hiroko Tabuchi Read more ...
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Renewable Energy Could Be a Casualty in the War on Inflation. Here’s Why. - New York Times - Climate Section (Dec 5) |
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Dec 5 · High interest rates make green start-up costs soar. Officials at the U.N. climate summit fear the world could miss an opportunity to avert future greenhouse gas emissions.
Tankersley reported from Dubai, United Arab Emirates, and Plumer from Washington
A global campaign to tame inflation is hurting the fight against climate change by steering developing countries away from renewable energy, raising anxieties among the officials gathered at the United Nations climate summit in Dubai.
Those officials say they support efforts by central bankers to bring down rising prices by raising interest rates.
But in interviews in recent days, they worried about the ... | By Jim Tankersley and Brad Plumer Read more ...
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The Oceans Are Diverse. Their Champions Should Be, Too. - New York Times - Climate Section (Dec 5) |
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Dec 5 · Turning PointS: Guest Essay
Ocean conservation will succeed only when the people most affected by climate change are part of the effort.
Dr. de Vos is a marine biologist.
This personal reflection is part of a series called Turning Points, in which writers explore what critical moments from this year might mean for the year ahead. You can read more by visiting the Turning Points series page.
Turning Point: In June, the United Nations adopted the Treaty of the High Seas, which established procedures to conserve and sustainably manage the two-thirds of the world’s oceans that lie beyond national boundaries.
I am a South Asian woman of color living and ... | By Asha de Vos Read more ...
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Where Will the Whales Be? Ask the Climate Model. - New York Times - Climate Section (Dec 5) |
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Dec 5 · Scientists can now use climate data to predict whale and sea turtle locations months in advance, helping fishing fleets avoid conflicts with wildlife.
The opening of California’s commercial crab season, which normally starts in November, is delayed once again to protect humpback whales foraging for krill and anchovies along the coast.
This region of the Pacific has been under the grip of a marine heat wave since May. “The Blob,” as this mass of warm water has become known, is squeezing cooler water preferred by whales and their prey close to shore, where fishermen set their traps.
This crowding can lead to literal tangles between whales and fishing equipment, ... | By Delger Erdenesanaa Read more ...
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Climate Summit Leader Tries to Calm Uproar Over a Remark on Fossil Fuels - New York Times - Climate Section (Dec 4) |
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Dec 4 · Sultan Al Jaber, responsible for leading the world away from fossil fuels, had said there was “no science” to support a phaseout of oil and gas.
Reporting from the COP28 climate summit in Dubai, United Arab Emirates
Simmering tensions around the decision to hold a global climate summit in a petrostate burst into the open on Monday when Sultan Al Jaber, the Emirati oil executive who is leading the conference, launched into an angry public defense of his position on ending fossil fuel use.
Mr. Al Jaber, who runs the state-owned oil company, Adnoc, was under fire for a video that surfaced in which he said there is “no science” behind the idea that fossil fuels must be ... | By Lisa Friedman Read more ...
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Fighting Crises With Cash, Except for the Climate Crisis - New York Times - Climate Section (Dec 4) |
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Dec 4 · Money is a very big sticking point at this year’s United Nations climate summit. Part of the problem is that American promises often go unmet.
Friedman reported from COP28 in Dubai, United Arab Emirates, and Sengupta from New York
When there’s a global crisis, wealthy countries tend to find money.
That was the case in the United States when big banks were bailed out to soften a global financial crisis. That was the case for the coronavirus pandemic. And for military aid to allies like Ukraine.
But the climate crisis? It’s complicated.
This weekend, Vice President Kamala Harris visited the United Nations climate summit in Dubai, in the United Arab ... | By Lisa Friedman and Somini Sengupta Read more ...
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Global Fossil Fuel Emissions Are Rising, Report Finds - New York Times - Climate Section (Dec 4) |
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Dec 4 · Carbon dioxide emissions from oil, gas and coal rose by 1 percent in 2023, researchers announced at the U.N. climate summit.
Despite years of commitments from countries to slash the emissions of greenhouse gases that are warming the planet, they are still on the rise.
Carbon dioxide released from burning fossil fuels is expected to rise by 1.1 percent in 2023 compared with 2022, scientists found in an extensive peer-reviewed analysis published this week.
The continued growth in fossil fuel use comes despite rapid renewable energy growth.
“Just supporting renewables alone is not going to solve the climate problem,” said Glen Peters, a senior researcher at the ... | By Delger Erdenesanaa Read more ...
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It Could Be a Vast Source of Clean Energy, Buried Deep Underground - New York Times - Climate Section (Dec 4) |
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Dec 4 · In eastern France, and in other places around the world, deposits of natural hydrogen promise bountiful power. But questions remain.
A worker detaching a probe that tests for hydrogen half a mile deep in the ground, in Lorraine, France. Credit...Violette Franchi for The New York Times
Reporting from Paris
In the rocky soil of Lorraine, a former coal mining region near the French-German border, scientists guided a small probe one recent day down a borehole half a mile into the earth’s crust.
Frothing in the water table below was an exciting find: champagne-size bubbles that signaled a potentially mammoth cache of so-called white hydrogen, one of the ... | By Liz Alderman Read more ...
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The Climate Summit Embraces A.I., With Reservations - New York Times - Climate Section (Dec 3) |
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Dec 3 · The idea of using artificial intelligence to fight emissions has made a splash at COP28, but there’s a catch: The energy it requires could make matters worse.
Reporting from COP28 in Dubai, United Arab Emirates
Artificial intelligence has been a breakout star in the opening days of COP28, the United Nations climate summit in Dubai, United Arab Emirates. Entrepreneurs and researchers have dazzled attendees with predictions that the fast-improving technology could accelerate the world’s efforts to combat climate change and adapt to rising temperatures.
But they have also voiced worries about A.I.’s potential to devour energy, and harm humans and the ... | By Jim Tankersley Read more ...
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2023 Hurricane Season Ends, Marked by Storms That 'Really Rapidly Intensified’ - New York Times - Climate Section (Dec 2) |
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22 Countries Pledge to Triple Nuclear Capacity in Push to Cut Fossil Fuels - New York Times - Climate Section (Dec 2) |
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Dec 2 · The group, including Britain, France and the United States, said the agreement was critical to meeting nations’ climate commitments.
Reporting from COP28 in Dubai, United Arab Emirates
The United States and 21 other countries pledged on Saturday at the United Nations climate summit in Dubai to triple nuclear energy capacity by 2050, saying the revival of nuclear power was critical for cutting carbon emissions to near zero in the coming decades.
Proponents of nuclear energy, which supplies 18 percent of electricity in the United States, say it is a clean, safe and reliable complement to wind and solar energy. But a significant hurdle is funding.
Last month, a ... | By Jenny Gross Read more ...
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Biden Administration Announces Rule to Cut Millions of Tons of Methane Emissions - New York Times - Climate Section (Dec 2) |
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Dec 2 · The measure, announced at the COP28 climate summit in Dubai, requires oil and gas producers to detect and fix leaks of the potent greenhouse gas.
Reporting from COP28 in Dubai, United Arab Emirates
The United States will, for the first time, require oil and gas producers to detect and fix leaks of methane, a potent greenhouse gas that wafts into the atmosphere from pipelines, drill sites and storage facilities and dangerously speeds the rate of global warming.
Michael S. Regan, the administrator of the Environmental Protection Agency, announced the regulation in Dubai, where diplomats from nearly 200 nations have gathered for a two-week United Nations climate ... | By Lisa Friedman and Jim Tankersley Read more ...
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Biden Administration Unleashes Powerful Regulatory Tool Aimed at Climate - New York Times - Climate Section (Dec 2) |
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Dec 2 · Its new estimate of the economic impact of climate change could create the legal justification for aggressive new regulations.
Coral Davenport has covered climate policy and politics for 17 years.
The Biden administration’s crackdown on methane leaks from oil wells is based in part on a new powerful policy tool that could strengthen its legal authority to cut greenhouse gas emissions across the entire economy - including from cars, power plants, factories and oil refineries.
New limits on methane, announced Saturday by the Environmental Protection Agency during the COP28 climate talks in Dubai, take aim at just one source of climate warming pollution. Methane, ... | By Coral Davenport Read more ...
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Pope Francis Couldn’t Travel to the U.N. Climate Summit, but His Voice Did - New York Times - Climate Section (Dec 2) |
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Dec 2 · A Vatican envoy delivered remarks in which Francis asked world leaders whether they would opt for “a culture of life or a culture of death.”
Reporting from Rome
Pope Francis, who reluctantly canceled his trip to the annual United Nations climate summit in Dubai, United Arab Emirates, because of a lung infection, sought on Saturday to lend his voice to the world’s destitute facing the brunt of climate disruption.
In an address written by the pope and delivered at the summit by the Vatican secretary of state, Cardinal Pietro Parolin, Francis assured the world, “I am with you, because time is short.” He wrote that the world, more than ever, faced environmental ... | By Jason Horowitz and Elisabetta Povoledo Read more ...
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The Financial Paradox Blocking Efforts to Fight Climate Change - New York Times - Climate Section (Dec 2) |
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Dec 2 · Finding money for fossil fuel plants is much easier than financing clean energy projects, especially in developing countries.
The annual United Nations climate change conference is underway in Dubai, and swirling around the COP28 negotiations is a complex, acrimonious, international fight over money:
It’s no exaggeration to say that the answers to these questions will help determine the fate of the planet.
Average global temperatures have already risen about 1.2 degrees Celsius above preindustrial levels. Without a rapid shift away from fossil fuels, scientists warn that catastrophic warming will destroy coastal cities, ravage agricultural land and imperil millions ... | By David Gelles and Vivienne Walt Read more ...
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A Tense Climate Summit Begins Against a Backdrop of War and Record Heat - New York Times - Climate Section (Dec 1) |
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Dec 1 · World leaders at climate talks in Dubai invoked faith, science and economics in their calls for a rapid transition away from fossil fuels.
Reporting from the United Nations climate conference in Dubai, United Arab Emirates
With dire warnings of planetary catastrophe and urgent pleas to protect vulnerable populations, world leaders on Friday implored one another to stop burning fossil fuels and swiftly reduce the greenhouse gas emissions that are `dangerously heating the planet.
At the United Nations climate conference in Dubai, United Arab Emirates, a parade of dignitaries invoked faith, science and economics in their calls for a rapid transition away from coal, ... | By David Gelles Read more ...
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Climate Protesters Get in Fed’s Face as Policy Clash Grows Louder - New York Times - Climate Section (Dec 1) |
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Dec 1 · Jerome H. Powell, the central bank’s chair, has been interrupted recently by a climate group that thinks disruption will win the day.
A video of security officers wrestling a protester to the floor in the lobby of the Jackson Lake Lodge in Wyoming, outside the Federal Reserve’s most closely watched annual conference, clocked more than a million views.
A protest that disrupted a speech by Jerome H. Powell, the Fed chair, at the Economic Club of New York this fall generated extensive coverage. And when the activists showed up again at Mr. Powell’s speech at the International Monetary Fund in early November, they seemed to get under his skin: The central bank’s usually ... | By Jeanna Smialek Read more ...
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King Charles Urges 'Transformational Action’ at COP28 Climate Summit - New York Times - Climate Section (Dec 1) |
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Dec 1 · “The hope of the world rests on the decisions you must take,” the British monarch told world leaders at the U.N. climate summit in Dubai.
King Charles III challenged a gathering of world leaders to take “genuine transformational action” to slow the spiral of greenhouse gas emissions, declaring that “the hope of the world rests on the decisions you must take.”
Speaking at the opening ceremony of the United Nations climate summit in Dubai, Charles listed a cascade of climate-related natural disasters that had afflicted the world in the last year: wildfires in Canada; floods in India, Pakistan, and Bangladesh; cyclones in the Pacific; and a drought in East Africa.
“We ... | By Mark Landler Read more ...
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Narendra Modi, India’s leader, rebukes developed countries: 'A small section of humanity has indiscriminately exploited nature.’ - New York Times - Climate Section (Dec 1) |
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Dec 1 · India has rapidly built out wind and solar power in recent years, but is also building new coal plants and gets the majority of its power from fossil fuels.
The Prime Minister of India, Narendra Modi, pledged to redouble efforts to shift the world’s most populous country away from fossil fuels and accelerate the development of renewable energy.
“The entire world is watching us,” he said at the United Nations climate conference in Dubai. “Mother Earth is looking toward us to protect her future. We have to succeed.”
India has rapidly built out wind and solar power in recent years. At the same time, India is still building new coal plants at a rapid clip and derives ... | By David Gelles Read more ...
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Review: Climate Protests Upstage a Debut at the Met Opera - New York Times - Climate Section (Dec 1) |
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Dec 1 · A revival of Wagner’s “Tannhäuser” was notable for the arrival of Christian Gerhaher. But with an abrupt protest, the performance took a turn.
“Wolfram, wake up!” came a shout from the highest box seats of the Metropolitan Opera. “The spring is polluted!”
At first, it seemed like an odd thing to throw at the character of Wolfram in Wagner’s “Tannhäuser,” which returned to the Met on Thursday night, with that role sung by the great baritone Christian Gerhaher in his company debut. (Indeed, his arrival was what made the night notable to begin with.) But that cry was the start of an unbroken stream of climate grievances, designed to coincide with Wolfram’s description, ... | By Joshua Barone Read more ...
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Rishi Sunak promises to honor Britain’s climate commitments in a 'more pragmatic way.’ - New York Times - Climate Section (Dec 1) |
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Dec 1 · The prime minister rejected claims that he had lowered his country’s climate ambitions.
Prime Minister Rishi Sunak of Britain rejected claims on Friday that he had lowered his country’s net-zero ambitions and pledged to meet targets in a more pragmatic way.
At a news conference, Mr. Sunak, who was spending just a few hours at the COP28 climate summit in Dubai, committed 1.6 billion pounds, or about $2 billion, for international climate finance projects, including for renewable energy and forests, fulfilling a promise to spend a total of £11.6 billion over five years.
Mr. Sunak said that Britain was “leading by example” but then added swiftly that excessive costs ... | By Stephen Castle Read more ...
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So, an Oil Cartel Walks Into a Climate Summit … - New York Times - Climate Section (Dec 1) |
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Dec 1 · OPEC is a participant at COP28. Unlike the United States, it is moving to cut production.
Reporting from the COP28 climate conference in Dubai, United Arab Emirates
In a far corner of the temporary village housing the United Nations climate summit, the world’s largest cartel of fossil fuel producers plied skeptical young activists with chocolate and free pens.
It was Thursday afternoon. A continent away, in Vienna, the cartel’s members were voting to give the summit what amounts to another very small climate treat: at least a temporary reduction in oil and gas drilling. That’s the opposite of what President Biden, who has made climate policy a top priority during ... | By Jim Tankersley Read more ...
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Surging U.S. Oil Production Brings Down Prices and Raises Climate Fears - New York Times - Climate Section (Dec 1) |
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Dec 1 · American oil production is hitting record levels, delivering economic and foreign policy benefits but putting environmental goals further out of reach.
Clifford Krauss, who is based in Houston, has covered energy since 2006.
American oil fields are gushing again, helping to drive down fuel prices but also threatening to undercut efforts to reduce greenhouse gas emissions.
Only three years after U.S. oil production collapsed during the pandemic, energy companies are cranking out a record 13.2 million barrels a day, more than Russia or Saudi Arabia. The flow of oil has grown by roughly 800,000 barrels a day since early 2022, and analysts expect the industry to add ... | By Clifford Krauss Read more ...
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The Big Number: 13.2 Million - New York Times - Climate Section (Dec 1) |
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Dec 1 · As OPEC Plus announced new cuts in output, oil production in the United States - which is not part of that group - is booming. A record 13.2 million barrels of oil a day are flowing from American oil fields, eclipsing even Saudi Arabia.
Here are some of the effects of the increase ?
The United States is producing 800,000 more barrels a day than early last year, when the oil industry was still struggling to recover from a pandemic-induced slump.
The surge in production has helped to keep gas prices down - they’re a major contributor to overall inflation. It has also given the United States a geopolitical advantage, enabling the Biden administration to impose ... Read more ...
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A Climate Summit Begins With Fossil Fuels, and Frustration, Going Strong - New York Times - Climate Section (Nov 30) |
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Nov 30 · After decades of meetings, nations still haven’t agreed to curb the main driver of global warming.
David Gelles is part of the team covering COP28 in Dubai.
As leaders from nearly every nation on the planet gather on Thursday in the United Arab Emirates to confront global warming, many are carrying a sense of disillusionment into the annual climate summit convened by the United Nations.
Countries talk about the need to cut the pollution that is dangerously heating the planet, but emissions are reaching record highs this year. Rich countries have pledged to help poor countries transition away from coal, oil and gas, but have largely failed to fulfill their promises ... | By David Gelles Read more ...
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Airlines Race Toward a Future of Powering Their Jets With Corn - New York Times - Climate Section (Nov 30) |
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Nov 30 · Carriers want to replace jet fuel with ethanol to fight global warming. That would require lots of corn, and lots of water.
Part of a series on the causes and consequences of disappearing water.
Vast stretches of America are dominated by corn, nearly 100 million acres of it, stretching from Ohio to the Dakotas. What once was forest or open prairie today produces the corn that feeds people, cattle and, when made into ethanol, cars.
Now, the nation’s airlines want to power their planes with corn, too.
Their ambitious goals would likely require nearly doubling ethanol production, which airlines say would slash their greenhouse gas emissions. If they succeed it ... | By Max Bearak, Dionne Searcey and Mira Rojanasakul. Photographs and video by Jenn Ackerman and Tim Gruber for The New York Times. Read more ...
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Announced at COP28 Climate Talks: This Year Is Hottest in Recorded History - New York Times - Climate Section (Nov 30) |
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Nov 30 · Scientists confirmed another year of extreme temperatures as world leaders gathered in Dubai for a U.N. summit on global warming.
This year is “virtually certain” to be the hottest year in recorded history, the World Meteorological Organization announced on Thursday at COP28, the United Nations climate summit in Dubai where delegates from nearly 200 countries, including many heads of state and government, have gathered.
The organization said 2023 has been about 1.4 degrees Celsius, or about 2.5 degrees Fahrenheit, above the global average preindustrial temperature from 1850 to 1990. The past nine years have collectively been the warmest in 174 years of recorded ... | By Delger Erdenesanaa and Jenny Gross Read more ...
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Climate Change Drives New Cases of Malaria, Complicating Efforts to Fight the Disease - New York Times - Climate Section (Nov 30) |
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Nov 30 · The number of malaria cases rose again in 2022, propelled by flooding and warmer weather in areas once free of the illness.
Stephanie Nolen has traveled the world reporting on the growing health threat of mosquitoes.
There were an estimated 249 million cases of malaria around the globe last year, the World Health Organization said on Thursday, significantly more than before the Covid-19 pandemic and an increase of five million over 2021. Malaria remains a top killer of children.
Those new cases were concentrated in just five countries: Pakistan, Nigeria, Uganda, Ethiopia and Papua-New Guinea. Climate change was a direct contributor in three of them, said Dr. Daniel ... | By Stephanie Nolen Read more ...
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Climate Summit Approves a New Fund to Help Poor Countries - New York Times - Climate Section (Nov 30) |
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Nov 30 · The package, which developing countries had sought for more than three decades, passed on the first day of talks in Dubai.
A new fund to help vulnerable countries hit by climate disasters should be up and running this year, after diplomats from nearly 200 countries on Thursday approved a draft plan on the first day of a United Nations global warming summit.
The early adoption of rules for the fund, which developing nations fought more than 30 years to create, was widely viewed as a positive sign for the two-week summit in Dubai. Sultan Al Jaber, the Emirati oil executive who is presiding over the conference, called the move a “significant milestone” and evidence that ... | By Lisa Friedman Read more ...
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Disinformation Is One of Climate Summit’s Biggest Challenges - New York Times - Climate Section (Nov 30) |
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Nov 30 · Online influencers, fossil fuel companies and some of the countries attending COP28 have nourished a feedback loop of falsehoods.
As the world’s leaders gather this week at a major summit to discuss ways to address the effects of global warming, one of the greatest obstacles they face is disinformation.
Among the biggest sources of false or misleading information about the world’s weather, according to a report released this week: influential nations, including Russia and China, whose diplomats will be attending. Others include the companies that extract fossil fuels and the online provocateurs who make money by sharing claims that global warming is a hoax.
They ... | By Tiffany Hsu and Steven Lee Myers Read more ...
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Emirati Fund to Invest Billions in U.S. Firms for Climate Projects - New York Times - Climate Section (Nov 30) |
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Nov 30 · An Abu Dhabi fund is expected to invest at least $30 billion in climate projects with some of the biggest names in North American finance.
David Gelles is covering the United Nations climate conference in Dubai.
An Emirati financial firm is planning to invest at least $30 billion in a new climate fund in partnership with some of the biggest names in North American finance, according to three people familiar with the plans.
The move comes as the United Arab Emirates, this year’s host of the annual United Nations climate talks that opened in Dubai on Thursday, is under pressure to prove it is committed to tackling global warming despite the fact that its economy is ... | By David Gelles Read more ...
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Fossil Fuels and Frustration at COP28 - New York Times - Climate Section (Nov 30) |
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Nov 30 · Subscriber-only Newsletter
Climate Forward
The United Arab Emirates, one of the world’s biggest oil producers, is hosting this year’s climate summit.
I’m in Dubai at the United Nations climate summit, known as COP28, and the mood is decidedly mixed. Delegates are arriving with high hopes of making progress in the global fight against climate change, but it’s impossible to ignore the fact that the summit is being held inside gleaming new facilities built with oil money.
World leaders will begin speaking tomorrow, and over the next two weeks negotiators from almost every country on the planet will work on redoubling their efforts to combat climate ... | By David Gelles Read more ...
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Friday Briefing: A New Climate Fund Approved - New York Times - Climate Section (Nov 30) |
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Nov 30 · Plus the best albums of 2023.
On the first day of the U.N.’s COP28 talks, diplomats from nearly 200 countries approved a draft plan for a fund to help vulnerable countries hit by climate disasters, which are made worse by pollution spewed by wealthy nations.
For more than three decades, developing nations have pressed for compensation from wealthier, more industrialized countries to help with the costs of destructive storms, heat waves and droughts fueled by global warming. The fund has been widely viewed as a positive sign for the two-week summit in Dubai, and is expected to be up and running this year.
Among the nations contributing, the United Arab Emirates and ... | By Justin Porter Read more ...
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Pickup or Lunar Lander? Tesla’s Cybertruck Enters a Crowded Market. - New York Times - Climate Section (Nov 30) |
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Nov 30 · Two years behind schedule, the electric model has an unusual design that sets it apart from rival pickups, which could limit its sales.
Tesla plans to begin delivering its much delayed, highly anticipated Cybertruck pickup to customers on Thursday, entering one of the most lucrative but competitive segments of the auto industry.
With its stainless steel body and sharp angles, the Cybertruck is unlike pickups from Ford Motor, General Motors and Ram that dominate the market. It is Tesla’s first completely new passenger vehicle in more than three years but arrives long after other automakers began selling battery-powered pickups.
That has analysts asking just who will ... | By Jack Ewing Read more ...
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Where the World Is (and Isn’t) Making Progress on Climate Change - New York Times - Climate Section (Nov 30) |
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Nov 30 · Emissions from electricity and transportation are projected to fall over time, a new report finds, but industry remains a major climate challenge.
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Note: Data reflects net emissions. Historical ... | By Brad Plumer and Nadja Popovich Read more ...
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