Representing nearly half of global production they pledged to reach near-zero methane emissions and end routine flaring in their operations by 2030.
Category
🗞
NewsTranscript
00:00 50 oil companies which are responsible for half the world's production
00:04 have pledged to reach near zero methane emissions by 2030
00:08 but the headline-grabbing pledge that's come out of COP 28
00:12 was dismissed as a smokescreen by environmental groups.
00:15 If it happens, the pledge would trim about a tenth of a degree Celsius from future warming,
00:21 a prominent climate scientist told the Associated Press.
00:24 Meanwhile, the EU pledged to invest 2.3 billion euros
00:29 to move away from fossil fuels.
00:31 Ursula von der Leyen urged the world to switch to renewable energy.
00:35 We must roll out more renewables and we must use less energy
00:41 to produce the products and the services we need.
00:45 And the world's cheapest energy source are renewables.
00:51 Also on Saturday, US climate envoy John Kerry
00:54 joined French President Emmanuel Macron in pushing for more nuclear energy.
00:58 Which doesn't produce greenhouse gas emissions,
01:01 even though accidents are potentially catastrophic.
01:04 And a group of more than 20 nations
01:07 called for a tripling of nuclear energy generated in the world by 2050.
01:11 Thank you very, very much.
01:13 (whooshing)