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Effective URL: https://www.wsj.com/articles/cop26-deals-aim-to-limit-coal-oil-and-natural-gas-development-11636032029?mod=djem10point
Submission: On November 18 via api from US — Scanned from DE
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Magazine SECTIONS * Fashion * Art & Design * Travel * Food * Culture * Sports COLUMNS * Jason Gay SECTIONS * MLB * NBA * NFL * Golf * Tennis * Soccer Search Search Share * Facebook * Twitter * LinkedIn * Copy Link * Business COP26 DEALS AIM TO LIMIT COAL, OIL AND NATURAL-GAS DEVELOPMENT AS GOVERNMENTS PUSH FOR A U.N. DEAL TO CUT EMISSIONS, SOME HAVE SOUGHT OUT LIKE-MINDED PARTNERS FOR SMALLER AGREEMENTS How Much Would It Cost to Reduce Global Warming? $131 Trillion Is One Answer Skip Ad in 15 You may also like CloseCreated with sketchtool. Up Next CloseCreated with sketchtool. Your browser does not support HTML5 video. PlayCreated with sketchtool. Sound OnCreated with sketchtool. 0:00 / 4:38 Closed Captions InactiveCreated with sketchtool.ShareCreated with sketchtool. 0:00 How Much Would It Cost to Reduce Global Warming? $131 Trillion Is One Answer Money is a sticking point in climate-change negotiations around the world. As economists warn that limiting global warming to 1.5 degrees Celsius will cost many more trillions than anticipated, WSJ looks at how the funds could be spent, and who would pay. Illustration: Preston Jessee/WSJ By Sarah McFarlane Close SARAH MCFARLANE * Biography * @sarah_mcfarlane * sarah.mcfarlane@wsj.com and Sha Hua Close SHA HUA * Biography * @shashamimi * sha.hua@wsj.com Nov. 4, 2021 9:20 am ET Print Text Your browser does not support the audio tag. Listen to article Length 2 minutes AD Loading advertisement... 00:00 / 01:48 1x This article is in your queue. Open Queue GLASGOW—Dozens of countries agreed to stop funding new coal-fired power plants, a deal that brings some previous holdouts like Poland and Vietnam aboard a growing coalition of countries vowing to wean their economies off the fossil fuel. Separately, a group including the U.S., the U.K. and Canada pledged to end public funding of overseas oil and gas developments. Proponents called the two deals, struck at the COP26 United Nations climate summit, significant moves in building a consensus among governments toward ending new fossil fuel investments. Critics said the limited number of countries signing onto both deals could blunt their effectiveness on a global scale. To Read the Full Story Subscribe Sign In CONTINUE READING YOUR ARTICLE WITH A WSJ MEMBERSHIP BLACK FRIDAY SALE LESS THAN US $1/WEEK View Membership Options RESUME SUBSCRIPTION We are delighted that you'd like to resume your subscription. You will be charged $ + tax (if applicable) for The Wall Street Journal. You may change your billing preferences at any time in the Customer Center or call Customer Service. You will be notified in advance of any changes in rate or terms. You may cancel your subscription at anytime by calling Customer Service. Please click confirm to resume now. 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