JOURNAL ARTICLE

US and World Face Reckoning on COP28 Climate Goals, Kerry Says.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Dlouhy, Jennifer A. 3 of 3

Abstract

The recent COP28 climate talks concluded with a focus on countries' commitments to transitioning away from fossil fuels. US climate envoy John Kerry emphasized that nations will be judged by their actions in meeting these goals. The US, as the second-largest greenhouse gas emitter, will also face scrutiny for its efforts. Kerry acknowledged the need for a holistic assessment of the US's progress in reducing emissions and curbing fossil fuel demand. While short-term increases in oil and gas production may be necessary, the US aims to invest in low-carbon technologies and achieve President Biden's target of a 50% reduction in greenhouse gas emissions by the end of the decade. The COP28 declaration, which includes targets for renewable power and energy efficiency gains, is expected to influence investment decisions. The talks also marked the end of a formal working relationship between Kerry and his Chinese counterpart, Xie Zhenhua, who expressed hope for continued collaboration in advancing climate action. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/12, pN.PAG
  • Document Type:Article
  • Subject Area:Environmental Sciences
  • Publication Date:2023
  • Accession Number:174206046
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