A global fossil fuel price crisis is “spreading inflation like a cancer” around the planet, the UN’s climate chief, Simon Stiell, told the opening plenary of critical UN climate talks in Turkey.

Stiell joined Cop31 hosts Turkey and Australia, which is leading the negotiations, in promoting renewable energy and a new electrification goal as an optimistic alternative to a planet still tied to oil, coal and gas.

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[–] 17 points 18 hours ago (1 child)

Given how it's pushing people to buy EVs and here in the UK to install solar, batteries and air source heat pumps it would be one of the best things there's been for a while to get people to shift to renewables.

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  • [–] 10 points 17 hours ago

    Can we get a leaked recording of what he said behind closed doors?

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  • [–] 4 points 18 hours ago

    Wow. He's so... on it. Sharp that one is. It spread like price fixing. Global scale. That's what it spread like.

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  • [–] 2 points 12 hours ago

    None of you are considering how good this is for Exxon \s

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  • [–] 2 points 5 hours ago

    FMG just bought a whole bunch of hydrogen-electric diggers for trials at their mines.

    From what I hear, if they work they're replacing the entire fleet ASAP - since they can just build out a big solar field and use wastewater to make their hydrogen. It's just more dollar signs for them.

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  • [–] 1 point 15 hours ago

    Price of energy is baked (heh) into the cost of everything. We've absolutely failed researching the next energy source.

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