COP28 Draft Deal Falls Short of Global Fossil Fuel Phase-Out Despite Climate Demands

The latest climate deal draft at COP28 doesn’t commit to completely ending the use of fossil fuels, contrary to the demands of many nations.

The United Nations Secretary-General, Antonio Guterres, emphasized the importance of a deal that swiftly reduces coal, oil, and gas usage to prevent catastrophic climate change.

The draft suggests various emission-cutting options but omits the explicit “phase out” language seen in previous versions.

Over 100 countries, including major oil and gas producers, pushed for a clear commitment to phasing out fossil fuels, but opposition from Saudi Arabia, a key OPEC member, may have influenced the draft’s content.

The burning of fossil fuels remains the primary cause of climate change. (Credit: Reuters)

https://www.reuters.com/markets/commodities/new-cop28-draft-deal-stops-short-fossil-fuel-phase-out-2023-12-11/

Leave a Reply

Your email address will not be published. Required fields are marked *