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Writer's pictureBy The Financial District
Dec 30, 20231 min read

Not a Good Year In Battle vs Climate Change

This was a year when the world experienced its hottest 12 months on record, when China connected more new coal plants than ever before, and US oil production hit the highest level of any country in history, while shipment volumes for liquefied natural gas (LNG) reached an all-time high, Bloomberg News said in an analysis.


There has been no shortage of bad climate news in 2023.



Moreover, David Fickling writes in Bloomberg Opinion, the annual United Nations (UN) climate meeting in Dubai left fossil fuel producers grinning and climate campaigners fuming. In other words, there has been no shortage of bad climate news in 2023.


But worse still, Fickling writes, is the amount of troubling information that has been drowned out by the bigger stories.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Practically, the entire world has failed to abide by its climate pledge; climate financing ended up with woeful pledges, and India, China, and Russia have not checked their greenhouse gas (GHG) emissions.




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