Dubai Telegraph - UN chief urges fossil fuel ad ban as heat records pile up

EUR -
AED 4.211486
AFN 73.392602
ALL 95.511641
AMD 432.776502
ANG 2.052798
AOA 1051.580464
ARS 1599.186668
AUD 1.62941
AWG 2.06417
AZN 1.950449
BAM 1.94531
BBD 2.313047
BDT 140.920119
BGN 1.960169
BHD 0.433004
BIF 3405.881169
BMD 1.146761
BND 1.466391
BOB 7.93593
BRL 6.036436
BSD 1.148467
BTN 106.502991
BWP 15.573934
BYN 3.500381
BYR 22476.522195
BZD 2.309755
CAD 1.574022
CDF 2603.148425
CHF 0.908642
CLF 0.026592
CLP 1050.009345
CNY 7.881748
CNH 7.906334
COP 4249.966319
CRC 536.388929
CUC 1.146761
CUP 30.389175
CVE 111.292911
CZK 24.477592
DJF 203.802596
DKK 7.472515
DOP 68.8632
DZD 152.083519
EGP 60.016896
ERN 17.20142
ETB 180.041818
FJD 2.547878
FKP 0.859439
GBP 0.864108
GEL 3.113471
GGP 0.859439
GHS 12.505443
GIP 0.859439
GMD 84.860476
GNF 10068.564133
GTQ 8.797447
GYD 240.269731
HKD 8.987852
HNL 30.46977
HRK 7.532964
HTG 150.507919
HUF 393.566201
IDR 19547.579065
ILS 3.555017
IMP 0.859439
INR 106.869957
IQD 1502.257351
IRR 1507991.1572
ISK 143.184423
JEP 0.859439
JMD 180.327622
JOD 0.81304
JPY 183.209461
KES 148.56283
KGS 100.284227
KHR 4598.51312
KMF 490.81355
KPW 1032.060433
KRW 1720.520044
KWD 0.351666
KYD 0.956973
KZT 554.013278
LAK 24598.030854
LBP 102677.599768
LKR 357.611656
LRD 210.258849
LSL 19.288459
LTL 3.386088
LVL 0.693664
LYD 7.316422
MAD 10.749454
MDL 20.022635
MGA 4781.995185
MKD 61.659536
MMK 2408.317428
MNT 4095.201402
MOP 9.271518
MRU 46.007743
MUR 53.336139
MVR 17.728851
MWK 1990.777689
MXN 20.463899
MYR 4.513082
MZN 73.288912
NAD 19.28872
NGN 1554.469271
NIO 42.10929
NOK 11.010216
NPR 170.399271
NZD 1.976713
OMR 0.440915
PAB 1.148462
PEN 3.930523
PGK 4.934227
PHP 68.56507
PKR 320.28889
PLN 4.274375
PYG 7422.45819
QAR 4.178814
RON 5.091961
RSD 117.46143
RUB 96.189227
RWF 1673.12479
SAR 4.305733
SBD 9.22597
SCR 16.555096
SDG 689.203537
SEK 10.783811
SGD 1.471255
SHP 0.860368
SLE 28.266974
SLL 24047.024259
SOS 655.374556
SRD 42.860185
STD 23735.644363
STN 24.655369
SVC 10.048683
SYP 126.815474
SZL 19.288658
THB 37.601954
TJS 10.984502
TMT 4.013665
TND 3.345673
TOP 2.761126
TRY 50.819993
TTD 7.784751
TWD 36.749342
TZS 2985.856443
UAH 50.506773
UGX 4320.626598
USD 1.146761
UYU 46.509209
UZS 13961.819533
VES 517.123814
VND 30171.290762
VUV 137.14447
WST 3.134906
XAF 652.393596
XAG 0.015051
XAU 0.000237
XCD 3.09918
XCG 2.069767
XDR 0.810623
XOF 649.567364
XPF 119.331742
YER 273.588579
ZAR 19.457332
ZMK 10322.223659
ZMW 22.458019
ZWL 369.256682
  • RBGPF

    0.1000

    82.5

    +0.12%

  • JRI

    -0.1370

    12.323

    -1.11%

  • CMSD

    0.0100

    22.89

    +0.04%

  • BCC

    -1.0800

    71.84

    -1.5%

  • NGG

    -3.0200

    87.4

    -3.46%

  • CMSC

    -0.1200

    22.83

    -0.53%

  • RIO

    -2.0800

    87.72

    -2.37%

  • RYCEF

    -0.1800

    16.6

    -1.08%

  • BCE

    -0.2600

    25.75

    -1.01%

  • VOD

    -0.3800

    14.37

    -2.64%

  • RELX

    -0.4300

    33.86

    -1.27%

  • BTI

    -2.4600

    58.09

    -4.23%

  • AZN

    -2.8700

    188.42

    -1.52%

  • GSK

    -1.3500

    52.06

    -2.59%

  • BP

    0.7600

    44.61

    +1.7%

UN chief urges fossil fuel ad ban as heat records pile up
UN chief urges fossil fuel ad ban as heat records pile up / Photo: Charly TRIBALLEAU - AFP

UN chief urges fossil fuel ad ban as heat records pile up

Humans are as dangerous to Earth as the meteorite that drove dinosaurs to extinction, the UN chief said Wednesday, urging an end to fossil fuel ads after 12 months that were the hottest on record.

Text size:

Dramatic climate shifts have already begun taking a heavy toll worldwide, fuelling extreme weather events, flooding and drought, while glaciers are melting away and sea levels are rising.

UN Secretary-General Antonio Guterres called for a ban on advertising oil, gas and coal -- the main drivers of global warming -- as global climate monitors delivered a swathe of new findings signalling that the planet is in trouble.

"In the case of climate, we are not the dinosaurs. We are the meteor. We are not only in danger. We are the danger," Guterres said.

Last month was the hottest May on record and the 12th consecutive month to break such a record, the EU climate monitor Copernicus announced.

The global average temperature between June 2023 and May 2024 was "1.63 degrees Celsius above the 1850-1900 pre-industrial average", Copernicus said, referring to the period before human-caused greenhouse gas emissions began warming the planet.

2023 was already the hottest year at 1.48C above pre-industrial levels, Copernicus has said, pointing to the natural weather phenomenon El Nino for further pushing up temperatures.

Although El Nino is dissipating, the World Meteorological Organization (WMO) announced humanity faces an 80 percent chance Earth's temperatures will at least temporarily exceed 1.5C during the next five years.

Humanity is playing chicken with the climate targets set by the 2015 Paris Agreement to limit warming to 1.5C, the WMO warned.

The chance of temporarily exceeding the limit has been rising steadily since 2015, when such a chance was estimated to be close to zero, the WMO pointed out.

"Global emissions need to fall nine per cent every year to 2030 to keep the 1.5 degree limit alive," Guterres said.

But the peak has not been officially beached, being measured over a period of decades rather than individual years.

While the world agreed during the last COP28 talks in Dubai to phase out fossil fuels, a decline in emissions is not imminent.

- Ban on oil ads -

"The Godfathers of climate chaos -- the fossil fuel industry -- rake in record profits and feast off trillions in taxpayer-funded subsidies," Guterres said.

"I urge every country to ban advertising from fossil fuel companies," he said, likening it to bans on other products harmful to human health like tobacco.

"We need an exit ramp off the highway to climate hell," he said as signatories of the Paris Agreement are expected to deliver new emissions targets by early 2025.

Guterres also repeated calls for taxing the fossil fuel industry profits to finance the fight against global warming, specifically pointing to "solidarity levies on sectors such as shipping, aviation and fossil fuel extraction".

"Even if emissions hit zero tomorrow, a recent study found that climate chaos will still cost at least $38 trillion a year by 2050," he said.

That is more than the $2.4 trillion needed by 2030 for developing countries, excluding China, to get out of fossil fuels and adapt to a warmer planet, as estimated by UN experts.

Guterres said he made his speech now with concerns that the climate crisis become "a victim of a diversion of attention" by numerous wars and conflicts.

Without undermining the need for the conflicts to be resolved, he said: "We cannot let them distract us from what is the existential threat of all times for humankind, and that is climate change."

It also comes as crucial climate talks get underway in Bonn, Germany to set the stage for the UN COP29 summit in Azerbaijan in November.

The talks must reach a new agreement on financial aid from rich countries to the rest of the world to achieve their climate goals.

burs-giv/jm

Z.W.Varughese--DT