As fossil fuel execs descend on U.N. climate summit, some ask ‘what are COPs about?’
TORONTO — The world’s major climate negotiations risk turning into a trade show spectacle of unchecked corporate influence, some observers warn, as a record number of delegates representing fossil fuel interests descend on the United Nations climate change conference known as COP28.
Hundreds of delegates with links to fossil fuel interests, including from Canada, are turning up at this year’s climate summit currently underway in Dubai, according to recent analyses by climate organizations and news agencies.
Despite making up a small share of the more than 80,000 registered attendees, the fossil fuel industry’s presence at COP28 could water down action when the world risks careening past its emissions targets, said political economist Gordon Laxer.
“It’s the political power and influence of Big Oil which is stopping real action,” said Laxer, a professor emeritus at the University of Alberta who researches the industry’s political influence.