Economist Podcasts
The Intelligence: good COP, bad COP?
Dec 13, 2023
Rachel Dobbs, Climate correspondent for The Economist, reports from COP28, where nearly 200 nations reached a historic agreement to transition away from fossil fuels but questions remain about its effectiveness. Josh Roberts, Finance correspondent, discusses strategies for young investors navigating a challenging market, emphasizing ethical investing. Meanwhile, Catherine Nixie shares the rich history and emotional resonance of cookery books, illustrating their role not just in cooking, but in connecting with personal and cultural narratives.
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Quick takeaways
- The COP 28 summit achieved a breakthrough agreement to transition away from fossil fuels, marking a significant milestone in combating climate change.
- Young investors face challenges in managing their money, such as unrealistic expectations about investment returns and the need to allocate their portfolio wisely.
Deep dives
COP 28 Summit in Dubai reaches historic agreement to phase out fossil fuels
After almost three decades of international climate diplomacy, the COP 28 summit in Dubai achieved a breakthrough agreement to specifically address and transition away from the use of fossil fuels. This is a significant milestone, as fossil fuels, including oil, gas, and coal, have been the primary drivers of greenhouse gas emissions and global temperature rise. Despite compromises in the language and provisions of the agreement, the commitment to move away from fossil fuels in energy systems marks a critical step in combating climate change.
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