An oil exec hosting COP28? Surprise!
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 29 November 2023
⏱️ 28 minutes
🧾️ Download transcript
Summary
The United Nations’ climate change conference kicks off tomorrow in Dubai, United Arab Emirates, where tens of thousands of global leaders, experts and activists will discuss how to reduce greenhouse gas emissions. However, the host country’s main export is fossil fuels and the host of the event is CEO of the Abu Dhabi National Oil Co. In this episode, could conflicting interests stall progress in the transition to renewable energy? Plus, hybrid and electric vehicle sales ramped up while overall consumer spending slowed down in Q3.
Transcript
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| 1:14.0 | From American public media, this is market plans. In Los Angeles, I'm Ka I Rizdahl. It is Wednesday, today. This one is the 29th of November November good as always to have you along everybody |
| 1:35.2 | We're gonna do that thing that happens not infrequently in business and economic reporting we are gonna give you the headline |
| 1:41.8 | We're gonna tell you what it means. |
| 1:44.0 | Then we're going to tell you why it might not mean what everybody thinks it means. |
| 1:48.0 | I wouldn't say that I guess the number was going to be exactly 5.2, but seeing a revision of 0.3%, I'm not shocked by it. |
| 1:56.3 | That's Laura Veltkemp. She's a professor of economics and finance at Columbia Business |
| 2:00.3 | School talking about the economic headline of the day that |
| 2:03.4 | estimates of economic growth in the third quarter have been bumped up better than |
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