With around two weeks to go before the start of the COP28 in the United Arab Emirates, the main priorities for those climate talks are coming into sharper focus. For industry, an important conversation to watch is the continuing, deepening push for agreement on phasing out fossil fuels. Expect this to be a major priority from...
Tag: ClimateGoals
McKinsey & Company pushes fossil fuel interests as advisor to UN climate talks, whistleblowers say
The world’s top management consultancy McKinsey & Company is using its position as a key advisor to the UN’s COP28 climate talks to push the interests of its big oil and gas clients, undermining efforts to end the use of the fossil fuels driving global warming, according to multiple sources and leaked documents. Behind closed...
‘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,...
‘Warmest October ever’ as expert declares climate goal deader than a doornail
The world experienced its warmest October on record as a leading climate scientist warned the global 1.5C climate goal is “deader than a doornail”. A preliminary assessment found that October was about 0.3C warmer globally than the previous October record. If confirmed, it will mark the fifth record warm month in a row, cementing scientists’...
Climate action in an era of great power competition
The writer is director of the Belfer Center for Science and International Affairs, Harvard University Kennedy School of Government At the foot of the Eqi Glacier in Greenland in June, I watched ice formed thousands of years ago drop into the warming ocean. With this vivid depiction of climate change in my mind, I was...
Top oil and gas companies have made “almost no progress” towards Paris Agreement goals: report
The CDP’s Oil and Gas Benchmark report assessed 100 oil and gas companies on low-carbon transition and just transition indicators. Top oil and gas companies have made “almost no progress” in reaching the climate goals agreed as part of the 2015 Paris climate summit, environmental disclosure non-profit CDP said on Thursday. The CDP’s Oil and...