Saturday, July 27, 2024

Climate change: Saudi Arabia warns against rush to abandon traditional fuels – Financial Times

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image source, Good pictures

We begin our tour of British newspapers with Amy Williams in New York and Miles McCormick in Calgary at the Financial Times on what they describe as deep tensions and divisions over the oil and gas industry’s role in combating climate change. Recent events in New York, US and Calgary, Canada this week cast doubt on the likelihood of an agreement at the upcoming United Nations COP28 conference.

According to the article, when world leaders and senior officials meet in New York in ten weeks ahead of the United Nations’ COP28 climate summit, there is a deep divide between those who support and those who urge the expansion of fossil fuel use. Stopping all forms of growth and expansion is critical to achieving stability in the world.

In December, the UN The authors quoted Dan Jorgensen, Denmark’s minister for development cooperation and global climate policy, who is leading discussions on new climate targets that could be agreed at the climate change conference COP28, as saying: “Countries agree that we must move. Move forward on this issue.” “But the bad news is that we’re far from reaching an agreement. We need to address the larger problem of burning fossil fuels.”

Nadia Barnett
Nadia Barnett
"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

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