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COP28 Nations Reach First-Ever Deal to Move Away From Fossil Fuels
By John Ainger, Jess Shankleman, and Jennifer A Dlouhy
December 13, 2023 at 2:14 AM EST
Updated on December 13, 2023 at 5:39 AM EST
Full Article: https://www.bloomberg.com/news/articles/2023-12-13/cop28-ends-with-deal-on-transition-away-from-fossil-fuels?leadSource=uverify%20wall
No Paywall: https://archive.is/v5MS6
The COP28 climate talks in Dubai ended in a historic deal that committed the world to a transition away from all fossil fuels for the first time.
The president of this year’s UN-sponsored summit, the UAE’s Sultan Al Jaber, brokered an agreement that was strong enough for the US and European Union on the need to dramatically curb fossil fuel use while keeping Saudi Arabia and other oil producers on board.
The final agreement calls for countries to quickly shift energy systems away from fossil fuels in a just and orderly fashion, qualifications that helped convince the skeptics. Under the deal, countries also are called to contribute to a global transition effort — rather than being outright compelled to make that shift on their own.
-snip-
Al Jaber used his presidency to bring the oil and gas industry firmly into the COP process and there were more representatives of fossil fuel companies than at any previous summit, drawing criticism from climate activists.
-snip-
The president of this year’s UN-sponsored summit, the UAE’s Sultan Al Jaber, brokered an agreement that was strong enough for the US and European Union on the need to dramatically curb fossil fuel use while keeping Saudi Arabia and other oil producers on board.
The final agreement calls for countries to quickly shift energy systems away from fossil fuels in a just and orderly fashion, qualifications that helped convince the skeptics. Under the deal, countries also are called to contribute to a global transition effort — rather than being outright compelled to make that shift on their own.
-snip-
Al Jaber used his presidency to bring the oil and gas industry firmly into the COP process and there were more representatives of fossil fuel companies than at any previous summit, drawing criticism from climate activists.
-snip-
Full Article: https://www.bloomberg.com/news/articles/2023-12-13/cop28-ends-with-deal-on-transition-away-from-fossil-fuels?leadSource=uverify%20wall
No Paywall: https://archive.is/v5MS6