• 5 minutes Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 11 minutes Saudi Fund Wants to Take Tesla Private?
  • 17 minutes Starvation, horror in Venezuela
  • 23 mins WTI @ 67.50, charts show $62.50 next
  • 7 hours Mike Shellman's musings on "Cartoon of the Week"
  • 2 hours Newspaper Editorials Across U.S. Rebuke Trump For Attacks On Press
  • 4 hours WTI @ 69.33 headed for $70s - $80s end of August
  • 6 hours Venezuela set to raise gasoline prices to international levels.
  • 6 hours Renewable Energy Could "Effectively Be Free" by 2030
  • 7 hours Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 5 hours Corporations Are Buying More Renewables Than Ever
  • 3 hours Batteries Could Be a Small Dotcom-Style Bubble
  • 21 hours Oil prices---Tug of War: Sanctions vs. Trade War
  • 21 hours California Solar Mandate Based on False Facts
  • 10 hours Again Google: Brazil May Probe Google Over Its Cell Phone System
  • 10 hours Don't Expect Too Much: Despite a Soaring Economy, America's Annual Pay Increase Isn't Budging
The $80 Billion Megaproject Splurge In Oil

The $80 Billion Megaproject Splurge In Oil

The growing lineup of megaprojects…

Nord Stream 2 Clears Another Hurdle

Nord Stream 2 Clears Another Hurdle

Russia’s controversial Nord Stream 2…

UN Climate Chief Urges Obama to Play Key Role in Climate Change

Barrack Obama has barely had time to celebrate his recent victory in the presidential elections before half the world began clamouring for his attention and support for the future. The latest call is from Christiana Figueres, the executive secretary of the UN climate change secretariat (UNFCCC), who has urged the re-elected President to ensure the US plays a prominent role in the international climate change talks later this month.

Negotiators had feared that the US presidential elections and the impending changes to the Chinese government would delay any progress that could be made at the international climate change discussions in Doha. Obama has won the election, so negotiating continuity should remain; now they need only wait for the situation in China to unfold.

Related Article: PwC Report States that Global Temperatures will Increase by 6°C by 2100

The summit at Doha will be vital for tackling a number of significant challenges, such as extending the Kyoto Protocol before it runs out at the end of the year. An agreement must also be made on how wealthy nations will manage and deliver the $100 billion a year Green Climate Fund they have promised to help poor countries tackle climate change.

Figueres stated that, “the US has the opportunity to contribute to the very important outcomes that need to come out of Doha and show the leadership that comes with the type of economy and size of economy that the United States is.”

By. Charles Kennedy of Oilprice.com



Join the discussion | Back to homepage

Leave a comment

Leave a comment

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