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“The end of the fossil fuel era” may be in sight following COP pledge

Envirotec Magazine

The end of the fossil fuel era appeared to have come a significant step closer with the signing of a joint commitment to phase out coal on day four of the COP summit (4 November). A coal power station in Canock, Staffordshire (image credit: Catherine Poh Huay Tan , CC BY 2.0

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COP Presidencies' Troika urges governments to deliver 'high ambition' national climate plans in 2025

Business Green

UAE, Azerbaijan, and Brazil promise to deliver more ambitious national climate plans by early next year and urge other nations to follow suit

COP 45
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Not my COP of Tea

Business Green

The latest IPCC report specified that we must achieve a net decrease in overall global emissions by 2025 in order to keep this goal alive. This promise of financial support, amounting to $100bn per year, has been floated every year at recent COP conferences without that target ever having been reached.

COP 36
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Only new fiscal rules will avoid a Budget carbon COP out

Business Green

This Budget needs to crack the problem through an ambition to deploy the most extensive EV charging network in the world by 2025. With the world watching ahead of COP we cannot afford a COP-out on low carbon. The reality is the market won't deliver for everyone without some sort of intervention to help the hardest to reach.

COP 60
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COP27: The most important meeting in human history?

Business Green

Is the COP27 Summit that kicks off in Sharm El Sheikh this weekend the most important COP meeting yet, and therefore one of the most critical gatherings in the entire history of humanity? It is, by the admission of the Egyptian hosts, an "implementation COP". If COPs did not exist you would need to invent them.

COP 101
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UAE Promotes Its State Oil Company at COP27

DeSmogBlog

There is no legitimacy in a COP president promoting gas and oil alongside false solutions like CCS”, said David Tong, global industry campaign manager at Oil Change International (OCI), who is attending COP27. Newly elected Brazilian President Luiz Inácio Lula da Silva has called for the 2024 COP to be held in the Amazon.

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UN chief: Fossil fuel firms without credible net zero plans 'should not be in business'

Business Green

By September this year, Guterres said all businesses, cities, regions, and financial institutions that have pledged to achieve net zero emissions by 2050 should present their transition plans "with credible and ambitious targets for 2025 and 2030", as recommended by the UN net zero expert group appointed by the secretary-general last year.