Don’t ignore us: Backed by pope, poorer nations use COP28 summit to press rich world on climate

Don’t ignore us: Backed by pope, poorer nations use COP28 summit to press rich world on climate

DUBAI, United Arab Emirates (AP) — Countries once colonized by empires are striking back on global warming — and they have the pope’s blessing. Leaders of developing nations jumped into Saturday’s high-level speeches at the U.N. climate summit to press rich industrial countries to share their knowhow to fight global warming and ease the financial … Read more

COP28 Talks Reach Deal on Much-Debated Climate-Damage Fund

COP28 Talks Reach Deal on Much-Debated Climate-Damage Fund

Updated Nov. 30, 2023 9:14 am ET Governments have reached an agreement on the architecture of a United Nations fund to pay for climate-related damage in poor countries, ending a year of contentious talks over where the fund will be located, which countries should benefit and who should finance it. Negotiators from more than 190 … Read more

The secret plan to ‘hook’ the developing world on oil – podcast | News

The secret plan to ‘hook’ the developing world on oil – podcast | News

Delegates from every country in the world are meeting today at the beginning of the Cop28 climate talks in Dubai, hosted by the United Arab Emirates. The scale of the challenge ahead of them is immense: phasing out the fossil fuels that power the global economy before a planetary tipping point is reached. As the … Read more

Welcome to COP28, the U.N. Climate Conference Hosted by an Oil Giant

Welcome to COP28, the U.N. Climate Conference Hosted by an Oil Giant

Listen to article (2 minutes) Dubai, a desert city known for private jets, giant yachts and other symbols of carbon-heavy high living, is an awkward location for a conference on climate change. It’s hardly a surprise that the man in charge also runs the national oil company.  Hosting the United Nations’ annual climate confab—known as … Read more

UAE’s Thriving Economy Fuels Surge in Commercial Relocations

UAE’s Thriving Economy Fuels Surge in Commercial Relocations

Momentum in the Dubai non-oil private sector economy remained on an upwards trajectory in October, amid surging demand and growing business confidence. According to the latest S&P PMI survey data, new business intakes increased at the sharpest rate since June 2019, with the upturn seen widely across key sectors. Driving the headline PMI higher was … Read more

Big Oil CEOs defend themselves against criticism

Big Oil CEOs defend themselves against criticism

Speaking at the ADIPEC oil and gas conference, executives representing global energy majors sought to strike a positive tone on the current state of play for the fossil fuel industry. Big Oil, on the back of record profits last year, has been accused of dialing back its climate pledges in recent months. “I don’t see … Read more

Team USA dethrones top-ranked Spain with 98-88 FIBA Showcase win | National Sports

Team USA dethrones top-ranked Spain with 98-88 FIBA Showcase win | National Sports

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