 Energy & Environment |
Energy & Environment |
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Petrostates are hosting climate summits. Maybe that's not a bad thing? |
Azerbaijan will host the 2024 United Nations COP29 climate summit, and after unexpected breakthroughs at this year's meeting in the United Arab Emirates (UAE), some are hoping that the conferences can make progress when held in countries built on oil wealth. |
© Ayhan Altun/Getty Images |
Putting COP28 in Dubai prompted widespread skepticism. The UAE is an OPEC member, and its oil and gas production makes up more than a quarter of its gross domestic product. How much progress on climate change was possible at a summit hosted by a country so dependent on oil production? Such questions were underlined when COP28 President Sultan al-Jaber claimed there was "no science" behind calls for phasing out fossil fuels, sparking outrage among attendees. Yet the international talks came to a strong conclusion, with a final agreement that called for a "transition away" from fossil fuels for the first time in the COP's history. This followed OPEC pressing nations late in the talks to block such language. Both the breakthrough and the initial skepticism loom large after Baku, Azerbaijan, was chosen as the site for the 2024 conference. Azerbaijan is one of the biggest oil and gas producers in the Caucasus region. Its oil industry goes back to the mid-19th century, most of it produced offshore in the Caspian Sea for export, according to the U.S. Energy Information Administration. Read more in a full report at TheHill.com. |
Welcome to The Hill's Energy & Environment newsletter, I'm Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. |
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How policy will affect the energy and environment sectors now and in the future: |
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Federal forecasters are shutting down dreams of a snowy Christmas this season for most of the U.S., according to a recent analysis from the National Oceanic and Atmospheric Administration (NOAA). |
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| NASA released new images Monday that show Uranus, the seventh planet from the sun, in greater detail than ever before. |
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Organizers of the pro-Trump rally held at the White House Ellipse on Jan. 6, 2021, were not forthcoming about their knowledge of plans for a march to the Capitol following a speech by then-President Trump, according to a report released Monday from the Interior Department's inspector general. |
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Branch out with a different read on The Hill: |
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The Biden administration’s plans for increased natural gas exports are causing a revolt within the Democratic Party. Despite the boom in renewables reducing domestic demand for fossil … |
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News we've flagged from other outlets touching on energy issues, the environment and other topics: |
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A toxic California landmark could render parts of the state 'uninhabitable' (SFGate)
A Long-Shot Climate Bet Suddenly Turns Hot (The Wall Street Journal) Why people still fall for fake news about climate change (Grist)
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Two key stories on The Hill right now: |
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Sen. John Fetterman (D-Pa.) vowed Monday to work to block the $14.9 billion sale of U.S. Steel Corp. to Japanese steelmaker Nippon Steel, which he described as an "outrageous" move. Read more |
| House Oversight Committee Chair James Comer (R-Ky.) pushed back on reporting characterizing one of his business ventures as a shell company, defending the legitimacy of a business structure he said was designed to insulate his farm from lawsuits. Read more |
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Op-eds related to energy & environment submitted to The Hill: |
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You're all caught up. See you tomorrow! |
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