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Economy

AM Briefing: Al Jaber Plays Defense

The COP28 president responds to critics, a fossil fuel lobbyist influx, and more

AM Briefing: Al Jaber Plays Defense
Heatmap Illustration/Getty Images

Current conditions: Cyclone Michaung drenches Chennai, India, with 20 inches of rain in two days • Death toll from northern Tanzania floods rises to 63 • The high is 90 degrees in Caracas, the capital of Venezuela, which voted this weekend to annex two-thirds of neighboring oil state Guyana.

THE TOP FIVE

1. COP28 President Defends Himself Following Controversial Comments

COP28 President Sultan Al Jaber responded to critics on Monday, insisting that he and the UAE “very much believe and respect the science” after The Guardian published a video of him pooh-poohing the phase-out of fossil fuels in an online event that took place ahead of the summit. “I have always been very clear on the fact that we are making sure that everything we do is centered around the science,” Al Jaber, who is also the chief executive of the UAE’s state oil company Adnoc, went on. “We did not in any way underestimate or undermine the task at hand.”

Al Jaber’s ability to lead the climate summit had been called into question after the publication of the comments on Sunday, which he says were taken out of context. Some critics, however, remain unappeased. In an interview Monday, former Vice President Al Gore called Al Jaber “a smart guy … [but] when I look at the massive expansion plan that they have to increase their production of oil [after the conference] … do you take us for his fools?”

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  • 2. The United Arab Emirates Commits $270 Billion to Green Finance

    All the attention on Al Jaber took some wind out of the sails of the UAE’s major green financing deal on Monday, needless to say. But the biggest pledge of COP28’s finance-themed day came from the country’s banking sector, which committed $270 billion to green finance through 2030. That’s on top of a $30 billion fund the UAE announced Friday to invest in clean energy, infrastructure, and other climate projects. It’s been previously estimated that the developing world will need an investment of $2.4 trillion a year to address climate change.

    Here are some other highlights from finance and gender day at COP28:

    • The World Bank shared a new program that will allow developing countries and their national oil companies to access $255 million in grants that target methane emissions.
    • Denmark’s Copenhagen Infrastructure Partners unveiled a $3 billion fund focused on wind, solar, and energy storage.
    • The Asian Development Bank will pour $10 billion in climate financing into the Philippines through 2029.
    • COP28 introduced the Gender-Responsive Just Transitions & Climate Action Partnership, which comes with gender-focused commitments that were joined by 60 signatories.
    • A new Associated Press investigation found that “at least 1,300 employees of organizations representing fossil fuel interests registered to attend [COP28], more than three times the number ... of last year’s talks.” The Kick Big Polluters Out coalition put that number significantly higher, finding at least 2,456 fossil fuel lobbyists were given access to COP28, outnumbering every national delegation except Brazil’s.

    Tuesday’s COP28 agenda is focused on energy and industry, the just transition, and Indigenous Peoples.

    3. Report: The Greenhouse Effect of CO2 Gets Worse the More There Is

    Carbon dioxide becomes a “more potent greenhouse gas” the more it accumulates in the atmosphere, a new study published in Science found. Previously, the strength of the greenhouse gas effect of CO2 was thought to scale linearly, Science writes. Overall, the paper found that “doubling the atmospheric CO2 concentration increased the impact of any given increase in CO2 by about 25%,” thanks to the gas’s effect on the stratosphere.

    While that would imply the planet will heat at an increasingly rapid rate, the report wasn’t all bad news. “[T]hough this effect means that the carbon dioxide added to the air now leads to more warming than it would have a century ago,” writes Science, “it also means that geoengineering schemes to release sunlight-reflecting particles could be more effective than thought by heating the stratosphere and reducing CO2’s strength.”

    4. There Are Now Enough Voters Who Prioritize Climate to Swing Key Elections

    There are enough voters who prioritize climate issues to potentially swing elections in certain key states, a new 18-state study by the Environmental Voter Project (EVP) has found. It’s not just young voters (ages 18-34) doing the heavy lifting on climate and environment at the ballot box, either; voters who are 65 and older were second to young voters with regards to prioritizing green political issues, with one in six listing “climate change” or “clean air, clean water, and the environment” as their #1 issue.

    This is significant, because in states like New Mexico, for example, EVP found that one-third of older voters prioritize climate. And just next door, “EVP identified 230,000 climate voters 65 or older in Arizona, a state where the presidential race was decided by 10,500 votes in 2020,” Inside Climate News reports. Read the full results here.

    5. Schools Are Adding EVs to Driver’s Ed Classes

    Today’s 15-year-olds will be just 27 when states like California, New York, and New Jersey begin to require that all new cars on the road be zero-emission vehicles. To best prepare today’s learning-permit holders for the future, then, states like Illinois have begun to add electric vehicles to their driver’s education fleets, Yale Climate Connections reports.

    Using grants from ComEd, the local utility, “more than a dozen schools” in Illinois have made EVs and chargers available to first-time drivers so far. Educators point out that EVs still have “four wheels, a steering wheel, a brake pedal, and an accelerator” to allow students to learn the basics, but they can also offer features that double as handy teaching tools, like overhead cameras that show how far a vehicle is from a curb during those dreaded parallel parking sessions.

    THE KICKER

    “There’s always talk about ‘I’ll just wait for technology,’ but the technology is available — there are ways of doing it.” —Massive Attack founding member Robert Del Naja. The band announced on Tuesday its plans for a one-day music festival in August that will be 100% powered by renewable energy.

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    AM Briefing

    Exxon Counterattacks

    On China’s rare earths, Bill Gates’ nuclear dream, and Texas renewables

    An Exxon sign.
    Heatmap Illustration/Getty Images

    Current conditions: Hurricane Melissa exploded in intensity over the warm Caribbean waters and has now strengthened into a major storm, potentially slamming into Cuba, the Dominican Republic, Haiti, and Jamaica as a Category 5 in the coming days • The Northeast is bracing for a potential nor’easter, which will be followed by a plunge in temperatures of as much as 15 degrees Fahrenheit lower than average • The northern Australian town of Julia Creek saw temperatures soar as high as 106 degrees.

    THE TOP FIVE

    1. Exxon sued California

    Exxon Mobil filed a lawsuit against California late Friday on the grounds that two landmark new climate laws violate the oil giant’s free speech rights, The New York Times reported. The two laws would require thousands of large companies doing business in the state to calculate and report the greenhouse gas pollution created by the use of their products, so-called Scope 3 emissions. “The statutes compel Exxon Mobil to trumpet California’s preferred message even though Exxon Mobil believes the speech is misleading and misguided,” Exxon complained through its lawyers. California Governor Gavin Newsom’s office said the statutes “have already been upheld in court and we continue to have confidence in them.” He condemned the lawsuit, calling it “truly shocking that one of the biggest polluters on the planet would be opposed to transparency.”

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    Red
    The Aftermath

    How to Live in a Fire-Scarred World

    The question isn’t whether the flames will come — it’s when, and what it will take to recover.

    Wildfire aftermath.
    Heatmap Illustration/Getty Images

    In the two decades following the turn of the millennium, wildfires came within three miles of an estimated 21.8 million Americans’ homes. That number — which has no doubt grown substantially in the five years since — represents about 6% of the nation’s population, including the survivors of some of the deadliest and most destructive fires in the country’s history. But it also includes millions of stories that never made headlines.

    For every Paradise, California, and Lahaina, Hawaii, there were also dozens of uneventful evacuations, in which regular people attempted to navigate the confusing jargon of government notices and warnings. Others lost their homes in fires that were too insignificant to meet the thresholds for federal aid. And there are countless others who have decided, after too many close calls, to move somewhere else.

    By any metric, costly, catastrophic, and increasingly urban wildfires are on the rise. Nearly a third of the U.S. population, however, lives in a county with a high or very high risk of wildfire, including over 60% of the counties in the West. But the shape of the recovery from those disasters in the weeks and months that follow is often that of a maze, featuring heart-rending decisions and forced hands. Understanding wildfire recovery is critical, though, for when the next disaster follows — which is why we’ve set out to explore the topic in depth.

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    The Surprisingly Tricky Problem of Ordering People to Leave

    Wildfire evacuation notices are notoriously confusing, and the stakes are life or death. But how to make them better is far from obvious.

    Wildfire evacuation.
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    How many different ways are there to say “go”? In the emergency management world, it can seem at times like there are dozens.

    Does a “level 2” alert during a wildfire, for example, mean it’s time to get out? How about a “level II” alert? Most people understand that an “evacuation order” means “you better leave now,” but how is an “evacuation warning” any different? And does a text warning that “these zones should EVACUATE NOW: SIS-5111, SIS-5108, SIS-5117…” even apply to you?

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