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Added on the 18/01/2023 17:43:22 - Copyright : AFPTV - First images
UN climate chief Simon Stiell warns that global warming will "decimate G20 economies" without unity. "Sidelining climate isn’t a solution to a crisis that will decimate every G20 economy and has already started to hurt," he says during his address at the UK think tank Chatham House, London, UK. SOUNDBITE
UN climate chief Simon Stiell accuses nations of "posturing" at the COP28 talks in Dubai and urged them to reach an ambitious deal to ensure the world meets its targets against global warming. Stiell called a brief press conference as countries were sharply divided over the fate of fossil fuels in a new draft agreement, with a week left for negotiators to reach a deal. SOUNDBITE
The United Nations chief urges world leaders to take decisive action to tackle ever-worsening climate change when they gather at the COP28 summit in Dubai starting this week. "We are trapped in a deadly cycle," UN Secretary-General Antonio Guterres says. "The solutions are well known." SOUNDBITE
France's Total and Italy's Eni have both reported profit pain from low oil prices and there's no sign of an end to the agony. As Ciara Lee reports, oil prices have been heading for the biggest weekly losses in six weeks as doubts emerge that there won't be an output cut big enough to curb a global glut.
This lush expanse of Amazon rainforest, close to the Yasuni Nature Reserve, will be home to an oil drilling operation from Ecuador's state oil company Petroamazonas for the first time ever, which seeks to tap into the large Tiputini oil field. Ecuadorian Vice-President Jorge Glas was present to inaugurate the drilling of the oil reserve, the biggest in the Andean country. The Tiputini field is expected to produce 1.67 billion barrels per year. After years of debate, Ecuadorian President Rafael Correa's government gave state-owned oil company Petroamazonas the green light to drill in the Ishpingo-Tambococha-Tiputini (ITT) block, just outside of the Yasuni nature reserve. Environmental activists had called for a referendum on the decision but this was denied by the Correa government. The decision has been met with criticism from indigenous-rights and environmental groups.