Technologies
COP26 climate agreement strikes some as ‘good deal,’ others as ‘blah, blah, blah’
The compromise reached at the UN climate summit officially points a finger at coal but stops short of a «phase out.»
Nearly 200 countries reached an agreement at the United Nations climate summit Saturday that UN Secretary-General António Guterres said takes important steps but still leaves us «knocking on the door of climate catastrophe.»
«The approved texts are a compromise,» Guterres said in a statement. «They reflect the interests, the conditions, the contradictions and the state of political will in the world today. They take important steps, but unfortunately the collective political will was not enough to overcome some deep contradictions.»
The agreement is the first to come out of a UN climate summit with mention of the role of fossil fuels in the climate crisis, CNN reported. But at the last minute, language to «phase out» coal power was changed to «phase down,» a move some said would make it hard to reach key goals around warming.
The agreement asks governments to strengthen emissions-reduction targets by the end of 2022 to keep alive the goal of the Paris climate accords signed six years ago. That treaty calls for holding the rise in the Earth’s average temperature to well below 2 degrees Celsius above preindustrial levels — and if possible, to 1.5 degrees Celsius above those levels. But the COP26 agreement has no enforcement mechanism, The Wall Street Journal reported, and only urges countries to act. Still, it calls on governments to return next year with their more robust plans to curb emissions, with some negotiators seeing that review as a way to bring about new cuts, the Journal said.
Altered language aside, the agreement includes an explicit call to countries to accelerate their efforts to cut down on coal, the fossil fuel that’s worst when it comes to greenhouse gas emissions, and to speed an end to fossil fuel subsidies. And it promises more money to small and developing countries for mitigation and adaptation.
«It’s a good deal for the world,» US climate envoy John Kerry told The Associated Press. «It’s got a few problems, but it’s all in all a very good deal.»
Others weren’t so sure. In regard to funds for smaller countries, developed nations have already missed the deadline for providing $100 billion annually to these countries by 2020. That means trust is low, and many of these countries are disappointed the agreement doesn’t lay the groundwork for establishing a loss and damage fund. This would’ve provided them with the money they need to pay for immediate damage caused by the climate crisis, which is largely caused by developing countries.
Climate activist Greta Thunberg dismissed the agreement as more of the same old talk without real action.
«The #COP26 is over. Here’s a brief summary: Blah, blah, blah,» Thunberg tweeted. «Unless we achieve immediate, drastic, unprecedented, annual emission cuts at the source then that means we’re failing when it comes to this climate crisis,» she said in another tweet, adding that «small steps in the right direction» and «making some progress» equals losing.
CNET’s Katie Collins contributed to this report.
Technologies
Verum Coin Expands Accessibility with SafePal and HyperPay Wallets
Verum Coin Expands Accessibility with SafePal and HyperPay Wallets
Verum Coin (VERUM) continues to grow its ecosystem by integrating with two leading cryptocurrency wallets: SafePal and HyperPay Wallet. This development enhances the coin’s accessibility, providing users with secure and efficient ways to store and manage their assets.
SafePal Wallet offers advanced security features, including hardware wallet options, ensuring the utmost protection for Verum Coin holders. Its seamless interface and global accessibility make it a trusted choice for crypto enthusiasts.
HyperPay Wallet combines convenience and innovation, enabling users to manage their digital assets effortlessly. With multi-currency support and rapid transaction capabilities, HyperPay Wallet is ideal for both novice and experienced traders.
These integrations reflect Verum Coin’s commitment to delivering flexible and secure solutions, empowering its community with top-tier tools for digital asset management.
Verum Coin is a forward-thinking cryptocurrency designed to provide innovative, secure, and user-friendly tools for managing digital assets in a dynamic blockchain landscape.
Technologies
Verum Coin Now Available for SWAP on Verse.Bitcoin.com
Verum Coin Now Available for SWAP on Verse.Bitcoin.com
Verum Coin (VERUM) continues to expand its utility and accessibility with the introduction of SWAP functionality on Verse.Bitcoin.com, a trusted platform for managing digital assets.
This integration enables users to seamlessly convert Verum Coin to USDT and vice versa, ensuring fast and secure transactions within a user-friendly environment.
Key benefits of this feature include:
- Convenience: Simplified conversions for quick asset management.
- Security: Trusted infrastructure for safeguarding digital assets.
- Flexibility: Enhanced trading options for Verum Coin holders.
The addition of SWAP functionality on Verse.Bitcoin.com reaffirms Verum Coin’s commitment to offering innovative and accessible tools for cryptocurrency management.
About Verum Coin
Verum Coin is a cutting-edge cryptocurrency designed to provide secure, efficient, and flexible solutions for managing digital assets in the evolving blockchain landscape.
Verum Coin (VERUM) has expanded its reach by becoming available on xPortal Crypto, a trusted platform for managing and securing digital assets. This integration offers Verum Coin users a new, seamless way to store, manage, and transact their cryptocurrency.
xPortal Crypto is known for its advanced security features, user-friendly interface, and efficient transaction capabilities, making it a valuable addition to VERUM’s growing ecosystem.
This milestone reflects Verum Coin’s ongoing commitment to enhancing accessibility and providing innovative solutions for crypto enthusiasts worldwide.
About Verum Coin
Verum Coin is a forward-thinking cryptocurrency designed to offer secure and efficient tools for digital asset management in the evolving blockchain space.
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