The Oil Giant Hosting This Year’s U.N. Climate Summit
The Journal.
The Wall Street Journal
4.2 • 5.8K Ratings
🗓️ 30 November 2023
⏱️ 18 minutes
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| 0:00.0 | Today world leaders are gathering to kick off a major global summit. |
| 0:10.0 | A conference known as COP28 begins Thursday and will go until December 12th. |
| 0:14.8 | This follows a year of extreme weather events in which many climate records have been broken. |
| 0:20.0 | It's the UN's annual climate change conference, COP28, and our colleague Ed Ballard is watching it closely. |
| 0:29.0 | Every year there is a big summit where all the world's countries pretty much get together and try and |
| 0:36.8 | progress the rules of the international response to climate change and also come up with sort of new commitments and try and |
| 0:46.7 | raise the ambition for what governments are going to be doing. And what does COP stand |
| 0:52.2 | for? |
| 0:53.0 | It's the conference of the parties. |
| 0:55.0 | So the parties is everyone who's signed up. |
| 0:57.0 | And 28, presumably that means this is the 28th such convention? |
| 1:01.0 | This is the 28th one. Yeah, they've been doing this for a long time. |
| 1:05.7 | The goal of the conference is accelerated action to limit global temperature rise, |
| 1:10.3 | including significantly reducing emissions from fossil fuels. |
| 1:14.0 | But the place where the summit is happening is best known for producing those same fossil fuels. |
| 1:20.0 | The surprising thing on the face of it is the location. It's happening in a big oil state. |
| 1:28.0 | The United Arab Emirates, it's the seventh largest oil producer in the world. |
| 1:33.0 | So essentially everybody is being gathered in this place |
| 1:37.4 | which is wealth rests on fossil fuels. |
| 1:40.4 | While at the same time everyone there is saying, okay, we've got to stop burning these fossil fuels. |
| 1:44.0 | The announcement that the United Arab Emirates was going to host what sort of reaction did that generate from people? |
| 1:50.0 | I think the bigger part of the reaction was more than the location. |
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