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Illustration: Rebecca Zisser/Axios

Leading officials of the world’s biggest countries, fossil-fuel companies and finance banks are meeting later this month in Scotland for one of the largest-ever summits on technology capturing carbon dioxide emissions.

Why it matters: This technology is increasingly considered essential to address climate change given how carbon-intensive the world’s energy and industrial systems are. But it remains too expensive in most instances. The gap between what’s needed and what exists today is staggering.

Details: The International Energy Agency is convening the event, with roughly 50 high-level officials across private and public sectors. Samantha McCullogh, who runs IEA’s work on this technology, said the addition of the finance sector is of particular note given it has been lacking in previous gatherings.

Some notable attendees, per a list of expected attendees by IEA:

  • Ben van Beurden, CEO of Royal Dutch SHell
  • Bob Dudley, CEO of BP
  • Glenn Kellow, CEO of Peabody Energy, a coal producer
  • Steve Winberg, assistant secretary for fossil energy at U.S. Energy Department
  • Michal Kurtyka, vice-minister of environment, Poland
  • Jim Skea, a top scientist who worked on a just-released, seminal climate change report by the United Nations
  • Senior executives of the World Bank, Asia Development Bank and Barclays

“It really does take partnerships between governments and industry,” said McCullogh. She cited a proposal in Norway, whose government and industry officials will be at the meeting, as a good example. But there, the question of who will fund it looms large.

What’s next: Expect global focus on this technology to continue at the United Nations’ annual climate conference held just a few days after in early December. Coal-dependent Poland is hosting the conference, with Kurtyka as the president of the conference.

Go deeper:

Go deeper

Updated 8 hours ago - World

U.S. airstrike kills senior al-Qaeda leader in Syria, DOD says

A displacement camp near the village of Qah in Syria's northwestern Idlib province. Photo: Ahmad Al-Atrash/AFP via Getty Images

A U.S. airstrike in northwest Syria on Friday killed senior al-Qaeda leader Abdul Hamid al-Matar, U.S. Central Command said in a statement.

Why it matters: Syria serves as a "safe haven" for the extremist group to plan external operations, according to U.S. Army Maj. John Rigsbee.

Updated 13 hours ago - Politics & Policy

Giuliani associate Lev Parnas convicted of campaign finance crimes

Lev Parnas, a former associate of then-President Donald Trump’s personal lawyer Rudy Giuliani. Photo: Stefani Reynolds/Bloomberg via Getty Images

Florida businessman Lev Parnas was convicted Friday on charges of conspiracy to make foreign contributions to political campaigns, according to multiple outlets.

Why it matters: Prosecutors said Parnas, then an associate of former President Donald Trump's personal lawyer Rudy Giuliani, funneled over $150,000 from a Russian businessman into U.S. campaigns as part of an effort to land licenses in the U.S.'s legal cannabis industry.

Supreme Court agrees to hear challenges to Texas abortion law

Photo: Saul Loeb/AFP via Getty Images

The Supreme Court on Friday agreed to hear two cases challenging Texas' abortion law, which bans the procedure as soon as six weeks into pregnancy, but left the law in place in the meantime.

Why it matters: The court is moving extraordinarily fast on the Texas cases, compressing into just a few days a process that normally takes months. And that schedule means the court will take up Texas' ban a month before it hears another major abortion case — a challenge to Mississippi's own 2018 ban on abortions after 15 weeks.