Globally, as much as $3.8 trillion must be invested every year to hold back global warming, write Peter Schlosser and Michael Dorsey. For comparison, the IMF says $5.9 trillion was spent on fossil-fuel subsidies, in total, in 2020.
An analysis of the U.N.’s provisional attendance list shows that 636 fossil fuel lobbyists have been registered at the talks, up 25 percent from last year’s COP26 conference in Glasgow.
The main fears of the Club of Rome’s 1972 study have been reaffirmed, the authors say. But there is still a scenario allowing for widespread increases in human wellbeing within the planet’s resource boundaries.
As the U.N. annual climate gathering is underway in Egypt, Oxfam spotlights the role of big corporates and their rich investors in driving the global climate crisis.
Russia appears to be legitimately concerned about the possibility of Ukraine building and using a “dirty bomb,” so much so that it has taken the unprecedented step of reaching out to multiple senior Western defense authorities.
Human rights blogger Alaa Abd El Fattah, a British citizen, completed 200 days of a hunger strike last week and relatives are worried about his survival.