Dubai Telegraph - At COP27 climate talks, US midterms make waves

EUR -
AED 4.218957
AFN 74.661225
ALL 91.582971
AMD 417.457719
ANG 2.056463
AOA 1054.440663
ARS 1743.614232
AUD 1.610725
AWG 2.06753
AZN 1.957227
BAM 1.958584
BBD 2.314189
BDT 141.100567
BGN 1.933647
BHD 0.43308
BIF 3445.883141
BMD 1.148628
BND 1.468274
BOB 11.289342
BRL 5.906291
BSD 1.149053
BTN 110.098541
BWP 15.582625
BYN 3.475741
BYR 22513.103189
BZD 2.310945
CAD 1.607792
CDF 2654.479062
CHF 0.944284
CLF 0.027911
CLP 1102.062801
CNY 7.693107
CNH 7.700293
COP 3657.609688
CRC 514.039631
CUC 1.148628
CUP 30.438634
CVE 110.55587
CZK 24.347696
DJF 204.134569
DKK 7.475389
DOP 67.81758
DZD 153.643935
EGP 60.011386
ERN 17.229416
ETB 187.686889
FJD 2.545249
FKP 0.860671
GBP 0.857505
GEL 2.990867
GGP 0.860671
GHS 13.237162
GIP 0.860671
GMD 84.42856
GNF 10101.666796
GTQ 8.768617
GYD 240.39904
HKD 9.011042
HNL 30.845651
HRK 7.534658
HTG 150.176082
HUF 364.287725
IDR 20459.4717
ILS 3.487958
IMP 0.860671
INR 110.252582
IQD 1505.265866
IRR 1578903.655694
ISK 139.202636
JEP 0.860671
JMD 181.437904
JOD 0.814422
JPY 180.197158
KES 148.759217
KGS 100.447935
KHR 4656.761237
KMF 491.613064
KPW 1033.765308
KRW 1592.044397
KWD 0.353962
KYD 0.95759
KZT 513.710212
LAK 25757.976881
LBP 102859.612165
LKR 380.330553
LRD 198.788625
LSL 18.680779
LTL 3.391599
LVL 0.694794
LYD 7.294223
MAD 10.886907
MDL 20.194321
MGA 4981.210628
MKD 61.619198
MMK 2411.765202
MNT 4134.326493
MOP 9.2846
MRU 46.225512
MUR 54.640655
MVR 17.746733
MWK 1992.492937
MXN 19.78965
MYR 4.690656
MZN 73.40923
NAD 18.680942
NGN 1529.662418
NIO 42.280099
NOK 10.809019
NPR 176.162473
NZD 2.008793
OMR 0.442789
PAB 1.149063
PEN 3.877412
PGK 5.114426
PHP 72.2606
PKR 318.484727
PLN 4.363465
PYG 6811.860614
QAR 4.19998
RON 5.263476
RSD 117.119869
RUB 96.935341
RWF 1687.950767
SAR 4.280492
SBD 9.18961
SCR 16.157873
SDG 690.903792
SEK 11.290555
SGD 1.465768
SHP 0.858627
SLE 28.314099
SLL 24086.139517
SOS 656.64482
SRD 43.585257
STD 23774.274604
STN 24.535303
SVC 10.054598
SYP 14934.457826
SZL 18.674871
THB 38.295672
TJS 10.59989
TMT 4.031683
TND 3.380004
TOP 2.76562
TRY 56.015171
TTD 7.800223
TWD 36.503811
TZS 3043.85889
UAH 51.337638
UGX 4532.442628
USD 1.148628
UYU 46.207089
UZS 13604.57507
VES 973.444877
VND 29889.590367
VUV 135.872884
WST 3.164265
XAF 655.957
XAG 0.01734
XAU 0.000262
XCD 3.104224
XCG 2.070844
XDR 0.812139
XOF 655.957
XPF 119.331742
YER 271.708303
ZAR 18.687948
ZMK 10339.031894
ZMW 22.584693
ZWL 369.857655
SSP 6505.853316
MXV 2.243593
  • RBGPF

    -1.6900

    68.3

    -2.47%

  • RYCEF

    0.7100

    20

    +3.55%

  • CMSC

    0.0400

    20.71

    +0.19%

  • RIO

    -0.6700

    97.37

    -0.69%

  • GSK

    -0.8400

    50.22

    -1.67%

  • BTI

    -0.1900

    55.83

    -0.34%

  • AZN

    -0.0600

    166.08

    -0.04%

  • NGG

    -0.8000

    76.8

    -1.04%

  • BCE

    -0.2200

    22.06

    -1%

  • BCC

    0.1600

    75.69

    +0.21%

  • VOD

    -0.5700

    16.95

    -3.36%

  • RELX

    -0.9700

    33.41

    -2.9%

  • BP

    -0.8400

    44.58

    -1.88%

  • CMSD

    0.0000

    20.45

    0%

  • JRI

    -0.0600

    11.55

    -0.52%

At COP27 climate talks, US midterms make waves
At COP27 climate talks, US midterms make waves / Photo: Mandel NGAN - AFP/File

At COP27 climate talks, US midterms make waves

The US midterms made waves Wednesday at a UN climate summit on the shores of Egypt, with activists urging President Joe Biden to take bolder action against global warming regardless of the result.

Text size:

Campaigners were optimistic that Biden's $370 billion green energy legislation would not be thwarted even if Republicans take one or both houses of Congress.

But with Biden due to join the UN's COP27 climate conference in the Red Sea resort of Sharm el-Sheikh on Friday, they also had a message for the US leader.

"I think it would be a catastrophic mistake if President Biden does not seize this literally once-in-the-universe opportunity now to be the climate president that the world needs him to be," said Jean Su, energy justice programme director at the Center for Biological Diversity, a US environmental group.

"We are literally at the tipping point for an unlivable world," she said at a news conference, urging Biden to phase out fossil fuel production and use his presidential powers to declare a climate emergency.

But Su and others were also pleased to see candidates that campaigned on climate change gain seats in Congress.

"A lot of climate champions did win across states, governorships, legislatures, and more," said Frances Colon, climate policy director at the Center for American Progress.

"What we expect is that they will turn these winds into more climate action," she said.

- Split Congress? -

With a majority of races called, Biden's Democrats appeared to have countered Republican hopes of riding a "red wave" to take full control of Congress.

While Republicans seem on track to reclaim the House of Representatives, Democrats appear to have a decent chance of keeping their Senate majority.

"Republicans really ran on platforms of inflation and increased gas prices," Colon said.

"Being propped up by fossil fuels, election denying, and climate denying really didn't work out so well for them."

Republicans will not be able to reverse the Inflation Reduction Act, Biden's flagship programme to green the US economy.

"What you might see from them is that they try to slow down things, try to present some obstacles to what the Biden administration will do for the next two years," Colon said.

But activists said a Republican victory in the House would endanger Biden's pledge to contribute $11.4 billion to a $100 billion per year fund from rich countries to help developing ones green their economies.

Colon said Democrats need to pass the legislation before the new Congress is sworn in January.

- Trump shadow -

After the new Congress is known, all eyes will quickly turn to the 2024 presidential election, with Donald Trump hinting that he will announce his intentions on November 15.

Climate activists fear a Trump comeback. The former US leader pulled the United States out of the Paris Agreement in 2017 -- a move that Biden reversed as soon as he took office.

"We know that there's a huge climate denier that may announce (his candidacy) pretty soon," said Ramon Cruz, president of the Sierra Club, a major US non-government organisation.

"We knew how difficult that was not only for the US, but for the whole world," he said.

The Sierra Club, which supported candidates in this year's election, already has 2024 on the "horizon", he said.

But one campaigner had a different take on the impact of US elections on the climate agenda.

"The US has acted in bad faith irrespective of elections," said Harjeet Singh, senior adviser at Climate Action Network.

Singh said that, for years, the United States has blocked attempts to create a "loss and damage" mechanism through which rich polluters would compensate developing countries for the destruction caused by climate-induced disasters.

The United States has dragged their feet on the issue, but loss and damage has taken centre stage at COP27 as it was finally put on the official agenda following intense negotiations.

"The US has been an obstructionist, always," Singh said.

"Please look at the US role beyond what happens in this election. It is for the US to change course and be more constructive in its approach."

Y.Sharma--DT