Campaigners have hit back at oil cartel OPEC’s attempt to make its members reject any text that targets fossil fuels.

Source: https://www.theguardian.com/environment/live/2023/dec/09/cop-28-global-heating-could-hit-3c-warn-politicians-as-climate-summit-continues

Following OPEC’s surprise production cut in April, hedge funds and the like have once again resumed selling on slowing growth and recession fears.

Source: https://seekingalpha.com/article/4607766-is-this-the-turning-point-for-energy-markets?source=feed_all_articles

It was the first time OPEC’s Secretariat has intervened in the U.N. climate talks with such a letter, according to Alden Meyer of think-tank E3G.

Source: https://cyprus-mail.com/2023/12/09/cop28-clashes-over-fossil-fuel-phase-out-after-opec-pushback/

Ribera — who called OPEC’s push against a fossil fuel phaseout “disgusting” in comments to reporters earlier on Saturday — told POLITICO she expects al-Jaber to make good on his promise to ensure this summit is a “turning point.”

Source: https://www.politico.eu/article/eu-teresa-ribera-cop28-sultan-al-jaber-fossil-fuel-phaseout/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication