The world’s largest banks have reportedly funneled a staggering $6.9 trillion into fossil fuel projects since the Paris Agreement, worsening the climate crisis. The annual “Banking on Climate Chaos” report exposes the extent of financial support for oil, gas and coal industries. US giants JPMorgan Chase, Citigroup, and Bank of America ...
DUBAI (AA) – Discussions are heating up about what COP28 will be able to deliver, particularly in terms of the language related to a fossil fuel phase-out. Meanwhile, a top UN official has reiterated that the science on the matter is “irrefutable, indisputable and unassailable.” “I think the world has spoken and, for more than […]...
Dubai, United Arab Emirates – – AFP The Emirati president of the UN’s COP28 talks has said that he respects climate science, after a leaked video showed him declaring that no science says phasing out fossil fuel will achieve climate goals. Sultan Al Jaber also repeated his past statements that a phase-out of fossil fuels [&he...
Abu Dhabi, United Arab Emirates – AFP The president of the COP28 told an Abu Dhabi oil conference on Monday that the fossil fuel industry would play an essential role in addressing the climate crisis. “For too long, this industry has been viewed as part of the problem, that it’s not doing enough and in […]
