A look on the bright side

12 Dec 2018 By Antony Currie Follow @AntonyMCurrie

Extreme weather and wildfires underscore the threat of rising greenhouse-gas emissions. White House obstructionism at the global climate conference isn’t helping. But 2019 will bring more investor activism, broader funding options, better data and more realistic carbon prices.

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The United States, Russia Saudi Arabia and Kuwait on Dec. 8 rejected a motion at the United Nations climate-change conference in Katowice, Poland, to “welcome” an October report by the UN Intergovernmental Panel on Climate Change. Instead, they argued that the landmark investigation, which member states had commissioned, should instead only be “noted.”

COP 24, as the meeting is called, is the latest annual confab on global warming, gathering government representatives from 197 countries, as well as corporations, nonprofit groups and others. It runs from Dec. 2 and Dec. 14, with the aim of fleshing out details on how to achieve the goals for reducing greenhouse-gas emissions set out three years ago in the Paris climate accord.

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