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

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

Climate Change’s $150 Billion Hit to the U.S. Economy

Climate Change’s $150 Billion Hit to the U.S. Economy

The U.S. now experiences an extreme weather event in which damages and costs top $1 billion every three weeks. That compares with every four months in the 1980s, when adjusted for inflation, according to the latest installment of the U.S. National Climate Assessment released Tuesday. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. … Read more