by Peter Zeihan on December 5, 2023

COP28, the United Nations Climate Change Conference, is underway in Dubai. As with many of these foo-foo summits, I’m not expecting much to come out of it.

COP28 is a progress report on countries’ emission reduction commitments, equating to a parent-teacher conference where all countries get Ds or Fs on their report cards. The current focus of this year’s conference is adding protocols around methane.

Methane is the low-hanging fruit of climate-change talks, so it’s a no-brainer to add regulations surrounding it. However, China’s reluctance to abandon coal production (and, as a by-product, methane) underscores the difficulties in addressing emissions on a global scale.

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