• 5 minutes Oil prices forecast
  • 8 minutes Nuclear Power Can Be Green – But At A Price
  • 11 minutes Projection Of Experts: Oil Prices Expected To Stay Anchored Around $65-70 Through 2023
  • 16 minutes Europe Slipping into Recession?
  • 9 hours *Happy Dance* ... U.S. Shale Oil Slowdown
  • 4 hours Socialists want to exorcise the O&G demon by 2030
  • 58 mins Emissions from wear of brakes and tyres likely to be higher in supposedly clean vehicles, experts warn
  • 2 hours UK, Stay in EU, Says Tusk
  • 1 day Germany: Russia Can Save INF If It Stops Violating The Treaty
  • 1 day Connection Between Climate Rules And German's No-Limit Autobahns? Strange, But It Exists
  • 2 days Conspiracy - Theory versus Reality
  • 3 hours How Is Greenland Dealing With Climate Change?
  • 2 days Chevron to Boost Spend on Quick-Return Projects
  • 1 day Maritime Act of 2020 and pending carbon tax effects
  • 2 days U.S. Treasury Secretary Mnuchin Weighs Lifting Tariffs On China
  • 2 days Regular Gas dropped to $2.21 per gallon today
How The Transport Industry Is Shaping Oil Demand

How The Transport Industry Is Shaping Oil Demand

The transport industry is evolving,…

‘Climate Passport’ For People Driven Away By Global Warming Proposed

COP24

A climate researcher proposed on Thursday the establishment of a kind of ‘climate passport’, allowing people who have been driven away from their homes due to the impact of the global warming to move freely around the world.  

On the sidelines of the UN climate talks in Poland, Hans Joachim Schellnhuber, the founder of the Potsdam Institute for Climate Impact Research (PIK), said that a future ‘climate passport’ could be modeled on the League of Nations Passport, the so-called Nansen Passport, that was first issued to refugees of the Russian civil war in the 1920s to move freely across borders.

However, rich developed countries are likely to object to such proposal because of the ‘climate refugees’ that could head their way, the Associated Press points out.   

The UN talks on climate in the Polish city of Katowice are taking place two months after the UN’s Intergovernmental Panel on Climate Change issued a special report on the climate situation on the planet, saying the world needs to spend US$2.4 trillion every year until 2035 to slow down the effects of climate change.

At the start of the Katowice summit last week, the International Energy Agency (IEA) said that carbon emissions in the world’s developed economies are set to increase this year for the first time in five years, as higher oil and gas use has more than offset dwindling coal consumption.

According to the latest available energy data, energy-related carbon dioxide (CO2) emissions in North America, the European Union (EU), and the advanced economies in Asia Pacific are set to increase by 0.5 percent in 2018, bucking a five-year-long declining trend, the IEA said.

A day before that, the World Bank Group said it would double its current five-year investments to US$200 billion in the period 2012 through 2025 to support countries in their climate action plans.

At the Katowice summit this week, United Nations Secretary-General António Guterres said that “We see incredible momentum from all segments of society to lower emissions and make the transition from the grey economy to the green. We have the ways. What we need is the political will to move forward.”

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage

Leave a comment
  • Kerry Chase on December 16 2018 said:
    I would advise the people of France to take another look at a globe (global-map) of the world. For President Macron to think he can have any effect on "climate" by charging French truckers the equivalent of $7.00/gallon for petrol is about as egotistical and nonsensical as it gets. It's like saying one little "cow pattie" can decide for the entire thousand-acre ranch what to do with its topsoil.

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News