COP28: Tensions Rise Over Fossil Fuel Phase-Out

1 min read
Source: Reuters
COP28: Tensions Rise Over Fossil Fuel Phase-Out
Photo: Reuters
TL;DR Summary

A draft negotiating text for the COP28 climate conference includes the option of a formal phase-out of fossil fuels, sparking debate among attending countries. Western governments support the inclusion of a phase-out, while oil and gas producers oppose it. Global carbon dioxide emissions from fossil fuel burning are projected to reach a record high this year, raising concerns about the effectiveness of climate change mitigation efforts. The draft text also mentions scaling up carbon capture technology, which may face resistance from countries skeptical of its use to justify continued fossil fuel use.

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