Natural Gas Consumers Transferred Record $800 Billion to Exporters Last Year: WEF Cover Up and Greenwash (2)

Billionaire-loving World Economic Forum hides the greed of the United States by covering up its natural-gas profiteering in the “other” category of this cool chart.

It also obscures the continuing damage to the climate that the US is doing in the name of money, while pretending to lead on climate action.

This wealth transfer makes the world a less equal place …again while American billionaires (and petro states) pretend to be doing good for the world.

WEF does deserve some credit for publishing it in the first place. See below.

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This article is part of:World Economic Forum Annual Meeting

  • 2022 has shown how the energy transition, climate crisis and food security are inextricably linked.
  • The World Economic Forum’s 2023 Annual Meeting in Davos will gather global leaders to accelerate progress towards reaching net-zero, nature-positive targets.
  • Here’s what you need to know about climate, nature and energy today – and the sessions at Davos dedicated to solving the issues.

“This is the real battle of our time.” So said US Special Presidential Envoy for Climate John Kerry at a discussion among high-level climate leaders at the World Economic Forum’s Annual Meeting at Davos in May 2022.

In the months that followed, headline after tragic headline underscored the urgency of Kerry’s warning. As Greenpeace pointed out, the sheer number of record-breaking heat waves, droughts, floods and fires made the climate and nature crisis real to many for the first time.

And all the while, the world has entered what the International Energy Agency (IEA) calls the “first truly global energy crisis”, one sparked by the economic rebound from the pandemic and escalated by Russia’s invasion of Ukraine.

An infographic showing how gas pries have risen this year.

How gas prices have risen this year and how emissions must be reduced. Image: IEA

World leaders are reckoning with this new normal and, as they gather in Davos for the Annual Meeting between 16 and 20 January, they’ll discuss in detail the inextricable links between the climate crisis, nature’s collapse, the energy transition and global food security.

They’ll also explore how new approaches and partnerships can lead to new solutions – such as leveraging philanthropy in new ways, driving climate adaptation and spurring more ambitious, comprehensive and sustainable infrastructure investment plans that can stabilize the natural world while helping the world meet the 2030 emissions reduction targets.

Here’s what to know about what top leaders at the Annual Meeting are discussing and prioritizing to tackle the nature and climate crisis, with highlights of articles to read and sessions to follow.

The full Centre for Nature and Climate programme can be found here.

What to watch on nature and climate during the Annual Meeting 2023 in Davos

While the climate and nature programme is packed with critical topics, here are some key sessions to watch:

Tuesday, 17 January: 17:30-18:15CET

What are the critical vulnerabilities and how can leaders provide targeted interventions through the food-energy-water nexus?

Tuesday 17 January, 15:00-15:45CET

Explore the connection between the health of the poles and the health of the planet and how Indigenous communities are promoting harmony with nature in their way of life.

Wednesday, 18 January: 14:00-15:00CET

What visionary leadership is needed for systems thinking, transformative solutions and global collaboration to build a more inclusive, prosperous and sustainable future?

Wednesday, 18 January: 16:15-17:00CET

Between Sharm el-Sheikh and Dubai, what are the imperatives to ensure global cooperation on climate action in the face of multiple pressures and crises?

Thursday, 19 January: 16:15-17:00CET

What are the enabling governance, finance, infrastructure and innovations required to safeguard and restore our freshwater systems?

Thursday, 19 January: 13:15-14:00CET

The launch of the Ocean 20 agenda under the G20 Presidency of Indonesia provides a platform for collective action on generating a sustainable ocean economy. This discussion provides the science-business-policy lens on the pressures confronting the ocean and identifies the areas for responsible stewardship.

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