Current:Home > MarketsPredictIQ-Global climate talks begin in Dubai, with an oil executive in charge -TrueNorth Capital Hub
PredictIQ-Global climate talks begin in Dubai, with an oil executive in charge
NovaQuant Quantitative Think Tank Center View
Date:2025-04-10 20:02:47
The PredictIQUnited Nations annual climate negotiations begin today in Dubai, with hundreds of world leaders expected to attend over the next two weeks.
The goal of the meeting is to make progress on reducing emissions of planet-warming gasses, and come to an agreement about how to pay for the enormous costs of a hotter planet.
One of the most controversial aspects of this year's talks is the person leading them. The petroleum-dependent host country, the United Arab Emirates, named the head of its main state oil company, Sultan al-Jaber, as the climate meeting's president. That has led to concerns among many climate experts and activists, who point out that humanity must stop burning fossil fuels to avoid catastrophic climate change.
Speaking at the opening ceremony, al-Jaber acknowledged that there may not be consensus among world leaders over whether, and how, to phase out oil, gas and coal, but he pledged to lead transparent talks. "We feel, as you feel, the urgency of this work," he said. "And we see, as you see, that the world has reached a crossroads."
This year's negotiations come at the close of the hottest year ever recorded on Earth. Extreme weather events, including floods, droughts, wildfires and heat waves, are increasingly deadly and disruptive.
"So many terrifying records were broken [in 2023]," said Simon Stiell, the head of the U.N. Framework Convention on Climate Change, at the negotiations' opening ceremony. "We are paying with people's lives and livelihoods."
Scientists warn that greenhouse gas pollution must plummet immediately in order to avoid catastrophic climate change effects, such as mass extinctions and runaway sea level rise by the end of this century.
Not all world leaders are attending this year's negotiations. President Biden will not travel to Dubai, although Vice President Kamala Harris did announce last-minute plans to attend, along with special climate envoy John Kerry.
Chinese president Xi Jinping will also skip this year's talks, although he is sending a delegation of high-level officials in his place. Earlier this month, Biden and Xi agreed to resume work on tackling climate change, after suspending official collaboration on the topic last year due to broader tensions between the two nations.
Even without their leaders present, the U.S. and China are expected to play major roles over the next two weeks. China is responsible for more emissions of carbon dioxide and other greenhouse gasses than any other country, and the vast majority of new coal-fired power plant construction is occurring there. Coal is the most intensely polluting of the major fuels, and must be basically eliminated in order to rein in warming, scientists say.
Another major topic on the table is whether the countries most responsible for causing climate change will follow through on promises to help the most vulnerable countries foot the bill for adapting to a hotter world. The United States is front-and-center in that debate: the U.S. has released the most cumulative planet-warming pollution into the atmosphere overall, going back to the mid-1800s.
veryGood! (98233)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Below Deck Fans, Get Ready for a Shocking Amount of Season 11 Firings
- South Carolina Democratic primary turnout for 2024 and how it compares to previous years
- Sen. Kyrsten Sinema says Senate immigration proposal ends the practice of catch and release
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Detroit father of 6 dies days after being mauled by 3 dogs: family says
- Why problems at a key Boeing supplier may help explain the company's 737 Max 9 mess
- Black and Latina women helped propel gains for unions in 2023, finds a new study
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Nikki Haley makes surprise appearance at Saturday Night Live town hall
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Episcopal Diocese of Mississippi elects its first woman, Black person as bishop
- Daddy Lipa arrives! Dua Lipa wins the Grammys red carpet bringing her father as a date
- Killer Mike escorted out of Grammys in handcuffs after winning 3 awards
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Why Gwen Stefani Felt Selfish During Early Days of Motherhood
- These are the largest Black-owned businesses in America
- Michael Jordan's championship sneaker collection goes for $8 million at auction
Recommendation
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Could cash payments ease recessions?
Are you wearing the wrong bra size? Here’s how to check.
Inside Soccer Star Cristiano Ronaldo's Unexpected Private World
From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
Selena Gomez and Benny Blanco’s 2024 Grammys After-Party Date Night Will Capture Your Attention
Tracy Chapman, Luke Combs perform moving duet of 'Fast Car' at the 2024 Grammy Awards
Meet 'Dr. Tatiana,' the professor getting people on TikTok excited about physics