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Articles for tag: 2024 the hottest year, Climate change, climate crisis, Copernicus Climate Change Service, Effect of El Niño, EU Climate Monitor, expected, fossil fuels, Friederike Otto, global temperatures, Global warming, greenhouse gas emissions, hottest, Junes, record, record heat, the hottest June on record, worlds, year, Zeke Hausfather

2024 is expected to be the world’s hottest year since June’s record

Last month was the warmest June on record, the EU’s climate change watchdog said on Monday, continuing a streak of record temperatures that some scientists said put 2024 on track to be the world’s hottest year on record. Every month since June 2023 – 13 consecutive months – has ranked as the hottest on the planet since records began, compared to the corresponding month in previous years, the European Union’s Copernicus Climate Change Service (C3S) said in a monthly bulletin ). The latest data suggests 2024 could overtake 2023 as the hottest year since records began after human-induced climate change

June 2, 2024

News Desk

Oil and gas explorer expects attractive shale gas policy

Islamabad: Pakistan’s largest hydrocarbon explorer Oil and Gas Development Company Limited (OGDCL) is looking for an attractive policy with incentives to exploit shale gas fields as such ventures require high investment in field development. OGDCL has already invested $30 million to exploit the shale gas reserves and is now expecting a lucrative policy to expedite the development work. The development of shale oil and natural gas fields has revolutionized the United States and Pakistan also sees a lot of potential in this regard. OGDCL is currently pumping significant oil and natural gas into the system to contribute to the government’s

December 13, 2023

News Desk

Nations strike deal at COP28 to transition away from fossil fuels

DUBAI: Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday to begin cutting global fossil fuel consumption to avoid the worst of climate change, a first-of-its-kind agreement signaling the eventual end of the oil era. The agreement reached in Dubai after two weeks of tough negotiations was intended to send a strong message to investors and policymakers that the world is united in its desire to break with fossil fuels, which scientists say is the last best hope to avert climate catastrophe. COP28 President Sultan Al Jaber called the agreement “historic” but added that its real

December 11, 2023

News Desk

The new COP28 draft agreement does not have a “phase-out” of fossil fuels

DUBAI: A draft of a possible climate deal at the COP28 summit on Monday suggested a range of options countries could take to reduce greenhouse gas emissions, but omitted the “phasing out” of fossil fuels that many nations have called for. The draft will set the stage for a final round of contentious negotiations at the two-week summit in Dubai, which has revealed deep international disagreements over whether oil, gas and coal should have a place in a climate-friendly climate future. COP28 president Sultan Al Jaber urged the nearly 200 countries at the talks to redouble their efforts to finalize

November 30, 2023

News Desk

UN climate talks begin in oil-rich UAE, pressure for urgent action

DUBAI: The UN climate conference opened on Thursday with nations urged to make faster cuts in global-warming emissions and phase out fossil fuels as skepticism swirled about the oil-rich United Arab Emirates hosting the talks. . The two-week negotiations at a huge exhibition site in Dubai come at a pivotal time, with emissions still rising and the United Nations saying this year is likely to be the hottest in human history. World leaders, Britain’s King Charles III and campaigners and lobbyists are among more than 97,000 people flying into the glitzy Gulf city, which boasts the world’s tallest skyscraper, one

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