As the global climate summit COP26 drags out to its miserable end this week in Glasgow, Scotland, the major capitalist powers and the banks and corporations that call the shots in national and world politics have largely failed in their efforts to use the summit to provide a semblance of “progress” in resolving the global climate emergency.
OTTAWA—Canada’s pledge to stop financing fossil fuel projects abroad doesn’t go far enough because it could still allow the government to support oil and gas production in other countries, environmentalists say.
The COP26 climate summit in Glasgow is entering its final day, amid growing fears that the goal of limiting global warming to 1.5C is unlikely to be met.
UN Secretary General António Guterres bluntly told the Associated Press news agency that goal was on "life support".
He said the summit would probably not see governments make the pledges needed to cut CO2 emissions by enough.
