SHARM EL\u002DSHEIKH, Egypt (AP) — Bold proposals to confront climate change were floated–and ignored or rejected. The often bogus “net zero” claims by companies…
These were some of the top storylines Tuesday at the U.N. climate summit being held in the Red Sea city of Sharm el-Sheikh. Known as COP27, the gathering of world leaders comes at a time of contrasts, competing needs and competition for attention.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Nations like Tuvalu, a Pacific island nation impacted by climate change, has moral authority at climate talks. But the prospects of getting such a proposal to gain traction are slim. Indeed, the idea didn’t get much engagement.A bold proposal that did garner vigorous interaction centered around the idea of taxing global corporations that are making big profits amid rising energy prices since Russia invaded Ukraine earlier this year.
“Tomorrow and tomorrow and tomorrow creeps in this petty pace from day to day to the last syllable of recorded time. And all our yesterdays have lighted fools the way to dusty death,” Browne said.“I think this is not the place now to develop tax rules, but rather to jointly develop measures to protect against the consequences of climate change,” German Chancellor Olaf Scholz told reporters.
Among several recommendations: businesses can’t claim to be net zero if they continue to invest or build new fossil fuel supplies, are responsible for deforestation or other environmentally destructive projects or buy carbon offset credits that don’t have rigorous standards.Article content Abdel-Fattah, jailed much of the last decade, added a water strike to his ongoing hunger strike to coincide with the beginning of the summit.Article content
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