Climate-vulnerable nations’ hopes that the world was on the cusp of an agreement to rapidly phase out the use of fossil fuels at the COP28 climate summit were shattered when a new draft text emerged from negotiations drastically watering down such language.
Australian Climate and Energy Minister Chris Bowen, speaking on behalf of the Umbrella Group of nations, which includes the United States, the United Kingdom, Norway and Canada, told the COP that the group could not sign the agreement as it stood.
Yes, very much so. And essentially the whole of the US eastern seaboard and a lot of the western seaboard (where it’s beach and not cliffs). However, many are second and third homes that people can afford to lose, so I don’t know if sea rise provides the proper amount of impetus for change. But I do know some people who have or who are planning to sell waterfront properties in anticipation of possibly being stuck with worthless or non-existent property, so maybe. But they are mostly people for whom the loss while not poverty-inducing, would be a major financial hit.