State oil company’s huge expansion plans make its CEO’s role as president of UN climate summit ‘ridiculous’, say researchers. The state oil company of the United Arab Emirates, whose CEO will preside over imminent UN climate negotiations, has the largest net-zero-busting expansion plans of any company in the world, according to new data. Sultan Al Jaber...
Tag: CarbonBudget
‘Insanity’: petrostates planning huge expansion of fossil fuels, says UN report
The world’s fossil fuel producers are planning expansions that would blow the planet’s carbon budget twice over, a UN report has found. Experts called the plans “insanity” which “throw humanity’s future into question”. The energy plans of the petrostates contradicted their climate policies and pledges, the report said. The plans would lead to 460% more coal production,...
New Report Issues Damning Verdict on Food’s Fossil Fuel Addiction
Food systems are responsible for at least 15 percent of all global fossil fuel consumption, according to a major report launched ahead of the COP28 climate summit. The analysis shows that the production, transport, and storage of food are driving greenhouse gas emissions equivalent to those of the EU and Russia combined. Ultra processed foods like snacks,...
In early 2029, Earth will likely lock into breaching key warming threshold, scientists calculate
In a little more than five years—sometime in early 2029—the world will likely be unable to stay below the internationally agreed temperature limit for global warming if it continues to burn fossil fuels at its current rate, a new study says. The study moves three years closer the date when the world will eventually hit...
COP28 president says fossil fuels still have a role to play, prompting concerns about climate summit’s goals
The president of the UN’s COP28 climate conference has said that he sees a future for fossil fuels – even as scientists say the world must rapidly transition to clean energy – in remarks that have raised concerns about a backsliding on climate commitments. Sultan Al Jaber, who will oversee the UN’s COP28 climate summit in Dubai in November,...