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Oil industry rides into climate summit bigger than ever

Published Thu, 06 Feb 2025 07:13:29 GMT

This article is part of the Road to COP special report, presented by SQM.WASHINGTON — Eight years after Paris, the oil business is bigger than ever.Profits are soaring. Production is climbing — and marking a record year in the United States. The industry is even poised to gain from the crusade to rein in climate pollution, including the billions of dollars in incentives that U.S. President Joe Biden is offering for wind farms, battery minerals and carbon-carrying pipelines.It’s not necessarily the future that appeared to be dawning in 2015, when nations gathered in the French capital to pledge an assault on the fossil fuel pollution that’s warming the planet. But it’s the reality that advocates and governments will confront when the next climate summit dawns Nov. 30 in Dubai’s Expo City, a showpiece of the United Arab Emirates’ petroleum wealth — hammering home the reality that oil and gas producers are thriving, not shrinking, during the era of ambitious green ...

Anti-green backlash hovers over COP climate talks

Published Thu, 06 Feb 2025 07:13:29 GMT

This article is part of the Road to COP special report, presented by SQM.LONDON — World leaders will touch down in Dubai next week for a climate change conference they’re billing yet again as the final off-ramp before catastrophe. But war, money squabbles and political headaches back home are already crowding the fate of the planet from the agenda.The breakdown of the Earth’s climate has for decades been the most important yet somehow least urgent of global crises, shoved to one side the moment politicians face a seemingly more acute problem. Even in 2023 — almost certainly the most scorching year in recorded history, with temperatures spawning catastrophic floods, wildfires and heat waves across the globe — the climate effort faces a bewildering array of distractions, headwinds and dismal prospects.“The plans to achieve net zero are increasingly under attack,” former U.K. Prime Minister Theresa May, who set her country’s goal of reaching climate neutrality into ...

They’re talking, but a climate divide between Beijing and Washington remains

Published Thu, 06 Feb 2025 07:13:29 GMT

This article is part of the Road to COP special report, presented by SQM.Last week’s surprise deal between China and the United States may provide a boost to the climate talks in Dubai — but the two powers remain at odds on tough questions such as how quickly to shut down coal and who should provide climate aid to developing nations.The world’s top two drivers of climate change are also divided by a thicket of disagreements on trade, security, human rights and economic competition.The good news is that Washington and Beijing are talking to each other again and restarting some of their technical cooperation on climate issues, after a yearlong freeze. That may still not be enough to get nearly 200 nations to commit to far greater climate action at the talks that begin Nov. 30.The two superpowers’ latest detente creates the right “mood music” for the summit, said Alden Meyer, a senior associate at climate think tank E3G. “But it still is not saying that the world’s...

Who’s who at COP28

Published Thu, 06 Feb 2025 07:13:29 GMT

This article is part of the Road to COP special report, presented by SQM.The annual U.N. climate summit that starts November 30 has become one of the biggest diplomatic setpieces in the global political calendar. Organizers are expecting more than 70,000 people to descend upon Dubai’s Expo City: activists, billionaires, presidents, Indigenous leaders, business executives, monarchs and diplomats from every corner of the world. A few will hold sway over the outcome of the talks. Some will make noise on behalf of vulnerable ecosystems and island nations. Some are looking to make side deals or burnish their images back home.The world’s two biggest climate decision-makers — U.S. President Joe Biden and Chinese President Xi Jinping — are not expected to show up. But their emissaries will. This is POLITICO’s guide to the most important people to watch. Sultan al-Jaber, the oil man in chargeIs he the least ideal person to lead an international climate conf...

The state of the planet in 10 numbers

Published Thu, 06 Feb 2025 07:13:29 GMT

This article is part of the Road to COP special report, presented by SQM.The COP28 climate summit comes at a critical moment for the planet. A summer that toppled heat records left a trail of disasters around the globe. The world may be just six years away from breaching the Paris Agreement’s temperature target of 1.5 degrees Celsius, setting the stage for much worse calamities to come. And governments are cutting their greenhouse gas pollution far too slowly to head off the problem — and haven’t coughed up the billions of dollars they promised to help poorer countries cope with the damage.This year’s summit, which starts on Nov. 30 in Dubai, will conclude the first assessment of what countries have achieved since signing the Paris accord in 2015. The forgone conclusion: They’ve made some progress. But not enough. The real question is what they do in response.To help understand the stakes, here’s a snapshot of the state of the planet — and global climat...

Party like it’s 2010? Rishi Sunak takes UK Tories back to the future

Published Thu, 06 Feb 2025 07:13:29 GMT

LONDON — David Cameron called it a “hammock idea” — a policy dreamt up during a lazy summer holiday in 2007 that would electrify his opposition Conservative Party’s ailing fortunes and put him on the path to power.The idea in question was a radical cut to inheritance tax, allowing people to pass on far more wealth to their children whey they die.“It was deeply Conservative, rewarding people who worked hard, saved and wanted to pass something on,” Cameron wrote in his memoir, For the Record.When George Osborne — Cameron’s shadow Chancellor, who devised the policy while on vacation — announced the inheritance tax pledge that fall, it was an instant hit.Prime Minister Gordon Brown was spooked, and cancelled plans for a snap election. His reputation never recovered.The policy, however, wasn’t introduced when Cameron and Osborne won power in 2010, after the 2008 financial crisis blew a huge hole in Britain’s national finances. But 16 years later, Cameron is back in Cabi...

Editorial: In too many schools, a ‘B’ means ‘D’

Published Thu, 06 Feb 2025 07:13:29 GMT

Despite widespread griping about the quality of K-12 education, polls consistently show that most parents are happy with the public schools their children attend. Since 2001, Gallup surveys on the topic show an average 76% satisfaction rate for those with kids attending a local campus.This disconnect might be explained by a survey released this week which found that parents are rarely accurately apprised of the academic progress of their children. They’re being deceived.The report, by Gallup and Learning Heroes, revealed that 88% of parents believe their kids are performing at grade level. In reality, testing last year shows that just 36% of American fourth graders and 26% of eighth graders are proficient in reading. Math numbers are similarly dismal.Yet the vast majority of students who perform below grade level still bring home report cards packed with decent grades.“Grades are the holy grail,” Bibb Hubbard, founder and president of Learning Heroes, told The Associated Press. “The...

How to organize a workplace gift exchange

Published Thu, 06 Feb 2025 07:13:29 GMT

The average person will spend around eight hours at work each day, and do so roughly five days a week. Over time, relationships with coworkers may grow, and many people become friendly with their colleagues. In such settings, it can be customary to celebrate holidays with coworkers at company-sanctioned events.Personnel tasked with organizing the sharing of gifts across departments or the company can employ the following tips to make things run smoothly.Defer to company rulesCompanies may have guidelines in place that govern gifting. Check employee handbooks or company policies, which may dictate spending limits or even prohibit gift-giving.Keep it holiday nonspecificCompanies feature staff from various cultures, ethnicities and religious backgrounds. Therefore, resist any urge to affiliate the gift exchange with a specific holiday. Keep terms generalized, avoiding the use of “Secret Santa” or references to Christmas or Hanukkah. Specify that gift wrap be generic as well...

Raso: New pain treatments bypass need for opioids

Published Thu, 06 Feb 2025 07:13:29 GMT

Nearly 52 million Americans experienced chronic pain in 2021, according to a new report from the Centers for Disease Control and Prevention. It’s one of our nation’s most common health problems, with new cases outpacing diagnoses of other chronic conditions, including diabetes, depression, and high blood pressure.And it truly is “chronic.” Although chronic pain is defined as lasting three months or more, almost two-thirds of Americans who develop the condition are still suffering from it a year later. In 2021, more than 17 million Americans had high-impact chronic pain, which affected day-to-day functioning and often prevented them from engaging in basic activities of daily living.Chronic pain is so prevalent in part because the current standard of care is insufficient, with limited options beyond opioids and invasive surgeries. That standard needs to change. Medical science has developed technologies that can effectively treat chronic pain for certain patien...

Check out these great finds for Record Store Day

Published Thu, 06 Feb 2025 07:13:29 GMT

Those people who run and push and scream for Black Friday deals are out of control! Oh, wait, they are running and pushing and screaming for records? Never mind, that’s fine.Another Record Store Day Black Friday is upon us. Here are some exclusives and timed releases to make you shriek like a teenager at the height of Beatlemania.“Mindsets,” Joan Jett and the BlackheartsHow do you like your Joan Jett? Live and raw or recorded and raw? Both! Fabulous answer. “Mindsets” shows off six new cuts and six live takes on the tracks. The showstopper might be “If You’re Blue.” The lead cut sits halfway between punk and rock ‘n’ roll. In other words, it’s signature Jett. The rest all measure up to that same standard.“The Master,” Chico HamiltonThis could be considered one the greatest jazz albums ever made, if it was jazz. Sorry, if it was just jazz. Legendary jazz drummer Chico Hamilton went into the studio in 1973 with the core of rock band Little Feat — guitarists Lowell George and Pau...