g20

The weekly round-up on the climate crisis and data on carbon dioxide levels in the atmosphere. The G20 in Indonesia could also have important repercussions on the climate agenda and give a small jolt to the United Nations Climate Conference underway in Egypt.On November 14, on the eve of the G20 in Indonesia, US President Joe Biden and Chinese President Xi Jinping met.It is the first direct contact after the congress in China and the mid-term elections in the United States.The two leaders have taken steps towards reopening the climate dialogue, meeting the demands of US special climate envoy John Kerry, who just three weeks ago he had urged the two countries to resume negotiations. “The world expects, I think, that China and the United States will play a key role in addressing global challenges, from climate change to food insecurity, and that they will be able to work together.The United States stands ready to do just that, to work with you, if that is your desire,&rdq...

It is often believed that energy from petroleum sources is much cheaper than renewable sources:a belief that forgets a non-negligible detail, that of the enormous public subsidies that extractive activities and the multinationals that lead them receive from states in the form of direct or indirect financing.This river of money continues to flow, and indeed, in 2022 - despite the much vaunted green transition - it set a new record.In fact, in the past year, only the G20 countries spent 1.4 trillion dollars to finance fossil fuels.The enormous figure was estimated by a relationship of the International Institute for Sustainable Development (IISD), adding direct subsidies, investments by state-owned enterprises and loans by public financial institutions.According to the data collected, the twenty largest economies in the world have far exceeded the amount spent on fossil fuels in previous years, spending more than double compared to 2019. At the time, moreover, the "energy...