The Fort Worth Press - Fury as climate draft deal falls short of fossil fuel phase-out

USD -
AED 3.672499
AFN 63.503129
ALL 83.099858
AMD 378.311305
ANG 1.790083
AOA 917.000269
ARS 1376.762024
AUD 1.440891
AWG 1.80225
AZN 1.708119
BAM 1.69121
BBD 2.021203
BDT 123.152752
BGN 1.709309
BHD 0.377509
BIF 2980.6865
BMD 1
BND 1.282811
BOB 6.934122
BRL 5.2266
BSD 1.003511
BTN 94.391913
BWP 13.675591
BYN 2.974214
BYR 19600
BZD 2.018349
CAD 1.383275
CDF 2279.99998
CHF 0.791804
CLF 0.023243
CLP 917.75965
CNY 6.901503
CNH 6.908986
COP 3701.35
CRC 466.602389
CUC 1
CUP 26.5
CVE 95.347419
CZK 21.154987
DJF 178.70438
DKK 6.463215
DOP 60.504391
DZD 132.696517
EGP 52.799925
ERN 15
ETB 156.694439
EUR 0.86502
FJD 2.24825
FKP 0.747836
GBP 0.748785
GEL 2.695019
GGP 0.747836
GHS 10.97146
GIP 0.747836
GMD 73.504172
GNF 8795.921985
GTQ 7.680368
GYD 209.951965
HKD 7.824315
HNL 26.573681
HRK 6.518303
HTG 131.592942
HUF 335.090135
IDR 16897
ILS 3.126203
IMP 0.747836
INR 93.955798
IQD 1314.718815
IRR 1313149.999896
ISK 123.880084
JEP 0.747836
JMD 158.070639
JOD 0.708995
JPY 159.475503
KES 129.695489
KGS 87.449197
KHR 4024.402371
KMF 426.99973
KPW 900.057798
KRW 1504.860296
KWD 0.30739
KYD 0.83627
KZT 484.190774
LAK 21636.228425
LBP 89732.015462
LKR 315.615164
LRD 184.148973
LSL 16.90412
LTL 2.95274
LVL 0.60489
LYD 6.398976
MAD 9.352461
MDL 17.546954
MGA 4182.664038
MKD 53.337429
MMK 2099.983779
MNT 3583.827699
MOP 8.081059
MRU 39.984608
MUR 46.629516
MVR 15.450444
MWK 1740.168102
MXN 17.804501
MYR 3.994038
MZN 63.897588
NAD 16.904046
NGN 1385.590014
NIO 36.93215
NOK 9.67145
NPR 151.028367
NZD 1.728025
OMR 0.384497
PAB 1.003502
PEN 3.470204
PGK 4.335701
PHP 60.198008
PKR 280.088894
PLN 3.695645
PYG 6529.521635
QAR 3.659719
RON 4.4075
RSD 101.60601
RUB 82.321459
RWF 1465.35287
SAR 3.751535
SBD 8.042037
SCR 13.925217
SDG 601.000303
SEK 9.375195
SGD 1.28333
SHP 0.750259
SLE 24.550369
SLL 20969.510825
SOS 573.481661
SRD 37.340501
STD 20697.981008
STN 21.185616
SVC 8.781222
SYP 111.44287
SZL 16.913113
THB 32.828954
TJS 9.608761
TMT 3.5
TND 2.944775
TOP 2.40776
TRY 44.36725
TTD 6.823498
TWD 31.907031
TZS 2575.058971
UAH 44.060825
UGX 3713.071412
UYU 40.624149
UZS 12239.233167
VES 462.09036
VND 26348.5
VUV 119.023334
WST 2.74953
XAF 567.218502
XAG 0.014687
XAU 0.000226
XCD 2.70255
XCG 1.808646
XDR 0.705441
XOF 567.223406
XPF 103.126392
YER 238.650351
ZAR 17.01625
ZMK 9001.199459
ZMW 18.791291
ZWL 321.999592
  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    0.3700

    16.06

    +2.3%

  • BTI

    0.6900

    58.45

    +1.18%

  • CMSD

    0.0500

    22.68

    +0.22%

  • AZN

    1.3600

    187.14

    +0.73%

  • RIO

    0.7700

    87.54

    +0.88%

  • BCE

    -0.3400

    25.49

    -1.33%

  • GSK

    1.7500

    54.7

    +3.2%

  • CMSC

    0.0400

    22.91

    +0.17%

  • RELX

    0.0100

    32.47

    +0.03%

  • NGG

    1.9600

    84.29

    +2.33%

  • VOD

    0.0600

    14.72

    +0.41%

  • JRI

    0.2400

    12.1

    +1.98%

  • BCC

    1.0800

    74.65

    +1.45%

  • BP

    0.6200

    45.41

    +1.37%

Fury as climate draft deal falls short of fossil fuel phase-out
Fury as climate draft deal falls short of fossil fuel phase-out / Photo: © AFP

Fury as climate draft deal falls short of fossil fuel phase-out

UN climate negotiations dragged into the early hours of Tuesday after the Emirati host of COP28 drew fire from Western powers and environmentalists over a draft deal that stopped short of calling for a phase-out of fossil fuels.

Text size:

With hours to go until the Dubai summit officially ends, US climate envoy John Kerry told ministers that this was "the last COP that we'll have a chance to be able to keep 1.5 degrees alive. This is it."

The landmark 2015 Paris Agreement set the increasingly elusive target of limiting warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) from pre-industrial levels in order to avoid the worst ravages of climate change.

"I don't think anybody here wants to be associated with the failure to live up to this responsibility. Not a lot of people in public life are asked to make life and death choices historically," Kerry said.

"This is a war for survival," he said in the closed-door session, which a group of observers were able to watch outside the room via a live webcast that one of them had access to and AFP saw.

To meet the target, scientists say governments must massively deploy renewable energy while winding down the use of oil, gas and coal -- the fossil fuels responsible for the bulk of heat-trapping greenhouse gas emissions.

"Many of us have called for the world to largely phase out fossil fuels," Kerry told the ministers.

He added: "I think most of you here refuse to be part of a charade."

Small island states which fear that climate change threatens their very existence accused the Emiratis of ignoring their interests.

"The republic of the Marshall Islands did not come here to sign our death warrant," said its negotiator John Silk, demanding an end to fossil fuels.

COP28 president Sultan Al Jaber released a text aimed at bringing consensus between nearly 200 countries, which include Saudi Arabia and other oil and gas producers seeking to preserve their economic lifeblood.

After an earlier draft listed the landmark option of a "phase-out" of oil, gas and coal, the new version released Monday afternoon focused on "reducing" their production and consumption in order to achieve net-zero emissions by 2050.

- 'Opening gambit' -

Jaber, whose role as president of the UAE national oil company has drawn criticism from environmentalists, called his proposal a step forward and said he still sought "high ambition" on the fossil-fuel language.

A person familiar with the COP28 presidency's thinking called the text "an opening gambit" that could be built upon.

If the text aimed to win over the Saudis, it disappointed Western powers, which said they would seek stronger language.

European ministers said they were disappointed with the text and warned they were ready for prolonged negotiations, which Jaber had hoped to close by 11:00 am (0700 GMT) on Tuesday.

"This text is insufficient. There are elements that are not acceptable as they are," French negotiator Agnes Pannier-Runacher said.

The text does not go so far as to demand actions on fossil fuels, only presenting measures that nations "could" take.

Canadian climate minister Steven Guilbeault took issue with the conditional verb.

"This is not a menu in a restaurant. We have to do all of these things," Guilbeault, who was among a group of ministers who were tasked by Jaber to shepherd the negotiations, told AFP.

- 'Verge of failure' -

The draft agreement says countries can take actions that include "reducing both consumption and production of fossil fuels, in a just, orderly and equitable manner so as to achieve net zero by, before, or around 2050 in keeping with the science".

On coal, the dirtiest major form of energy, the text lists limitations on "new and unabated coal power" -- meaning going ahead with potential projects that use new carbon capture and storage (CCS) technologies.

Critics say carbon capture technology remains too expensive and would never be enough on its own to meaningfully reduce emissions.

The COP28 text calls for accelerating the deployment of zero and low-emission technologies, including renewables, nuclear power and CCS, "so as to enhance efforts towards substitution of unabated fossil fuels in energy systems".

"COP28 is now on the verge of complete failure," former US vice president Al Gore, who won a Nobel peace prize for his work on climate change, said on X (formerly Twitter).

He said the draft "reads as if OPEC dictated it word for word."

A.Maldonado--TFWP