Greenhouse Gas Emissions – Page 14

The Financial Paradox Blocking Efforts to Fight Climate Change

Finding money for fossil fuel plants is much easier than financing clean energy projects, especially in developing countries.

The group, including Britain, France and the United States, said the agreement was critical to meeting nations’ climate commitments.

The measure, announced at the COP28 climate summit in Dubai, requires oil and gas producers to detect and fix leaks of the potent greenhouse gas.

Its new estimate of the economic impact of climate change could create the legal justification for aggressive new regulations.

World leaders at climate talks in Dubai invoked faith, science and economics in their calls for a rapid transition away from fossil fuels.