OriginalSourceRapplerPhilippinesLeanUnratedCredibilityUnratedPublished01:37 UTCSourceRapplerPhilippinesLeanUnratedCredibilityUnratedPublished01:37 UTC
“Oil dependence is bad for the climate and the economy, UN chief tells COP31”
“The discourse on November 10, the second day of COP31 in Turkey, highlights a tension at the heart of the climate debate: fossil fuels underpin the global economy, but also hurt it through costly climate damage and often-volatile energy prices”
UN chief says oil profits harm climate and economy at COP31
Key points
- Guterres criticizes oil companies for profits during climate crisis and rising costs.
- COP31 in Antalya pushes for electrification of economies by 2035 sans renewable specificity.
- Turkey hosts and reports an oil discovery amid climate negotiations.
- US$95 billion in oil company windfall expected in three months, authorities say.
- COP31 discusses electrification goal of 35% electricity share by 2035 with caveats.
How it got here
Rappler publishes the article.
concise.news reads it.