- by
- 07 24, 2024
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ANNUAL UN CLIMATECOP summits are never moments of unbridled optimism, but this year’s, held in Madrid and dubbed 25, was particularly dispiriting. Its logo was a clock with its hands at a quarter to 12. Midnight duly passed on Friday December 13th—supposedly the summit’s last day, and then again on Saturday. Only on Sunday did delegates agree to weak and watered-down commitments to enact previously promised cuts in emissions of greenhouse gases. And they deferred until next year a decision on regulating a new international carbon market.In 2015, in Paris, nearly 200 countries promised to stop global warming before average temperatures rose by more than 1.5-2°C above pre-industrial levels. Most climate scientists, though, admit privately that there is little hope of this. A coalition of governments including the European Union therefore came to Madrid demanding a strongly worded final text that would urge all countries to promise in 2020 to cut emissions further and faster than agreed so far. That text failed to materialise.