AD

Fossil fuel industry fingered for delayed climate action

The fossil fuel industry has been active in lobbying for delays in global climate action as they stand to make enormous amounts of money when the process is stalled.

If the targets of the Paris Agreement on climate change to reduce emissions are to be met, the fossil fuel industry will be losing money.

A study on “Revolving doors and the fossil fuels industry”, presented by the Greens/EFA Group in the European Parliament at the Bonn Climate Talks in Bonn this week, is calling for the adoption of a strong conflict of interest policy that would avoid the disproportionate influence of the fossil fuel actors on the international climate change negotiations.

The report gathers studies of revolving doors between the fossil fuel industry and high-level politicians, Ministers, regulators and advisors, and questions whether the EU and European governments’ lack appetite to deal with this issue is a result of the cozy relationships with actors of the fossil fuel sector over the years.

According to Max Andersson, Swedish Greens Member of the European Parliament, the revolving door between politics and the fossil lobby is a serious cause for alarm.

“If we are to meet the goals of the Paris Agreement and keep global warming down to as close to 1.5 degrees as possible, we need to clamp down on conflicts of interest to stop coal, gas, and oil from leaving their dirty fingerprints over our climate policy,” he said.

The demand to tackle conflicts of interest within the UNFCCC has been raised by governments representing over 70% of the world’s population and civil society organizations from across the globe and is supported by the European Parliament.

However, progress has been slow, notably, because the European Commission had been siding with Canada and the USA to block discussions on conflict of interest from appearing on the UNFCCC agenda.

The Africa Group of negotiators has stated that there need to be restrictions on business participation in the negotiations because engagement by vested interest “threatens the integrity and legitimacy of the UNFCCC process” and the goals of the Paris Agreement.

Augustine Njamnshi, Chair of Political and Technical Affairs at the Pan African Climate Justice Alliance (PACJA), says there is no basis to delay climate action.

“It is in our interest to ensure that those who come here; those who come to the discussion table are there for real business to solve this climate crisis because the more we delay, the more we endanger the continent of Africa and other developing countries,” he said.

The report by the Greens/FFA Group concludes that there is a need to adopt conflicts of interest policies at the UN, EU and national levels to safeguard public interest policy-making from the disproportionate influence of vested interest, which is particularly urgent when it comes to climate negotiations.

“European governments need to support the call for a common sense conflict of interest policy so that the next COP can deliver an outcome that will put the world on the road towards a climate in balance,” said Max.

SOURCE:SWEETCRUDE

Oh hi there 👋
It’s nice to meet you.

Sign up to receive awesome content in your inbox.

We don’t spam! Read our privacy policy for more info.

More Top Stories

‎NFF appoints Akeem Busari as new Flamingos coach
HRM Summons PHED, Asks Reason For Recent Power Outage
Will Nigeria Replace Iran in the 2026 FIFA World Cup?
Osimhen Out of Hospital After Successful Surgery, Eyes Quick Return
Osimhen Backed for Man United Move as Butt Says He Can Elevate Sesko
Drama Erupts as Verydarkman Fires Back at Blessing CEO Over Cancer Claim
Kpai Them All!” — Sarian Martins Unleashes Fury, Links Blessing CEO’s Illness to ‘Spiritual Payback’
Nwaiwu Earns Super Eagles Call-Up as Bassey Withdraws Ahead of Iran, Jordan Friendlies
Super Eagles star Alex Iwobi Leads 7-Man Premier League Player of the Month Shortlist
Delta Queens Edge FC Robo In Five-Goal Thriller to Boost Super Six Push
‎Injury knocks out ‘Super’ Calvin Bassey as Eagles suffer Int’l Friendlies blow‎
Osimhen Set for Race Against Time as Galatasaray Target Quick Return
Super Eagles Open Camp in Turkey Ahead of Iran, Jordan Friendlies
Chukwueze Set for Permanent Fulham Move After Impressive Loan Spell
Rivers United Humiliated as Nasarawa United Run Riot in 4–1 Thriller
‎Chelle can win next AFCON, He deserves a new contract –Ibitoye‎
‎Rivers United blame CAF Champions League for slump‎
Morocco National Team Captain Rejects AFCON Title, Backs Senegal as True Champions
‎Title race heats up as Rivers, Rangers face defining fixtures‎‎
Oborevwori Denies Assaulting Kickboxing Coach in Reimbursement Row
‎NFF faces court notice over congress misconduct‎
FULL CIRCLE AT WEMBLEY: ARSENAL, MAN CITY AND A FINAL LOADED WITH HISTORY
Finidi George Under Pressure as Rivers United’s Title Grip Slips
Osimhen Injury Shifted Momentum as Liverpool Power Through-Slot
Rivers United Stumble Again as Niger Tornadoes Strike Late to Deepen Title Tension
‎Ademola Lookman Cruise into UCL Q’finals, Osimhen Crash out‎
CAF Strips Senegal of AFCON Title, Crowns Morocco Champions After Dramatic Final Controversy
Ikorodu City Dominate Rivers United to Seal Crucial Home Victory
Rivers United Confront Tough Ikorodu City Test as NPFL Title Race Reaches Boiling Point
Obi Mikel Demands NFF Leadership Resignation After Nigeria’s World Cup Failure
Super Eagles Calvin Bassey is a beast” –Bryan Mbeumo‎
Ibinabo Fiberesima Opens Auditions For Web Series In Port Harcourt
Tinubu, NFF Mourns Former Super Eagles Coach Adegboye Onigbinde
Lemina Header Sinks Liverpool as Galatasaray Claim Crucial First Leg Victory
D’Tigress Arrive Lyon Ahead Of 2026 FIBA Women’s World Cup Qualifying
NPFL: Rivers United Trash Bendel Insurance to Remain Top
Edison Refutes Campaign Posters, Reiterates Support for Fubara
Our Brains Adapt to Nigeria to Protect Our Sanity
Dangote Refinery Denies IPO Lauch, Cites No Official Offer
Adamu Takes Charge as CAF Appoints Nigerian as Caretaker General Secretary
I’m Yet To Endorse Any Candidate For Rivers – Wike

Leave a Reply

Your email address will not be published. Required fields are marked *