The Fort Worth Press - UN climate summit to run overtime as fury mounts on fossil fuels

USD -
AED 3.673007
AFN 63.503205
ALL 82.78735
AMD 368.501999
ANG 1.790403
AOA 917.000493
ARS 1470.999601
AUD 1.446383
AWG 1.80125
AZN 1.70203
BAM 1.718856
BBD 2.018008
BDT 123.091796
BGN 1.69088
BHD 0.377901
BIF 2992.837369
BMD 1
BND 1.297974
BOB 6.938524
BRL 5.203202
BSD 1.001973
BTN 94.864877
BWP 13.624819
BYN 2.814079
BYR 19600
BZD 2.015116
CAD 1.42081
CDF 2265.000143
CHF 0.810235
CLF 0.023173
CLP 912.029887
CNY 6.774797
CNH 6.79765
COP 3428.4
CRC 454.535468
CUC 1
CUP 26.5
CVE 96.906446
CZK 21.2905
DJF 177.720107
DKK 6.5684
DOP 58.644918
DZD 133.636966
EGP 49.7169
ERN 15
ETB 161.535521
EUR 0.87874
FJD 2.251301
FKP 0.754878
GBP 0.75825
GEL 2.644996
GGP 0.754878
GHS 11.246649
GIP 0.754878
GMD 72.999832
GNF 8779.291769
GTQ 7.644241
GYD 209.623413
HKD 7.84115
HNL 26.807458
HRK 6.620995
HTG 131.00145
HUF 312.568505
IDR 17927.1
ILS 2.99632
IMP 0.754878
INR 94.74005
IQD 1312.563167
IRR 1375000.000051
ISK 126.530301
JEP 0.754878
JMD 157.717811
JOD 0.709017
JPY 161.568981
KES 129.410174
KGS 87.450009
KHR 4021.248643
KMF 431.000018
KPW 900.00035
KRW 1534.009705
KWD 0.30898
KYD 0.834996
KZT 487.384102
LAK 22188.337654
LBP 89725.095575
LKR 335.228721
LRD 182.352683
LSL 16.522564
LTL 2.95274
LVL 0.60489
LYD 6.429642
MAD 9.377774
MDL 17.639408
MGA 4185.964758
MKD 54.164854
MMK 2099.387374
MNT 3579.000015
MOP 8.091488
MRU 39.79664
MUR 47.95968
MVR 15.459892
MWK 1737.391847
MXN 17.587719
MYR 4.140503
MZN 63.877447
NAD 16.522564
NGN 1369.919684
NIO 36.867777
NOK 9.796035
NPR 151.78296
NZD 1.764585
OMR 0.384504
PAB 1.001977
PEN 3.39166
PGK 4.394272
PHP 61.449502
PKR 278.668893
PLN 3.76585
PYG 6107.983882
QAR 3.652503
RON 4.610962
RSD 103.180107
RUB 74.499982
RWF 1469.343633
SAR 3.755291
SBD 8.065041
SCR 13.385005
SDG 600.521313
SEK 9.74456
SGD 1.297255
SHP 0.746601
SLE 24.750254
SLL 20969.503664
SOS 572.656446
SRD 37.482986
STD 20697.981008
STN 21.530796
SVC 8.767412
SYP 110.532098
SZL 16.517116
THB 33.269016
TJS 9.293141
TMT 3.51
TND 2.965857
TOP 2.40776
TRY 46.476955
TTD 6.803181
TWD 31.668977
TZS 2625.008027
UAH 44.976754
UGX 3667.442985
UYU 40.189832
UZS 12038.49365
VES 616.865275
VND 26325
VUV 118.758526
WST 2.756325
XAF 576.48558
XAG 0.016191
XAU 0.000242
XCD 2.70255
XCG 1.805774
XDR 0.716966
XOF 576.48558
XPF 104.811706
YER 238.650269
ZAR 16.555802
ZMK 9001.20146
ZMW 17.97425
ZWL 321.999592
  • RYCEF

    0.2300

    18.63

    +1.23%

  • CMSC

    -0.0500

    22.11

    -0.23%

  • RELX

    0.3800

    31.21

    +1.22%

  • NGG

    0.6000

    81.57

    +0.74%

  • BTI

    1.8400

    60.74

    +3.03%

  • RIO

    -3.7800

    95.58

    -3.95%

  • BCE

    0.3900

    23.04

    +1.69%

  • RBGPF

    -0.2700

    60.34

    -0.45%

  • GSK

    1.3300

    52.07

    +2.55%

  • CMSD

    -0.1200

    21.96

    -0.55%

  • VOD

    -0.0700

    14.05

    -0.5%

  • BCC

    -0.7400

    71.8

    -1.03%

  • JRI

    -0.0200

    12.63

    -0.16%

  • BP

    -0.4500

    39.33

    -1.14%

  • AZN

    4.5900

    181.02

    +2.54%

UN climate summit to run overtime as fury mounts on fossil fuels
UN climate summit to run overtime as fury mounts on fossil fuels / Photo: © AFP

UN climate summit to run overtime as fury mounts on fossil fuels

UN climate talks in Dubai were set Tuesday to run past a host-imposed deadline for a deal as at-risk nations voiced fury over a proposed compromise that stops short of phasing out fossil fuels.

Text size:

The Emirati president of the COP28 summit has repeatedly pressed the nearly 200 nations to reach an ambitious deal by the official end of talks at 11 am (0700 GMT), in an effort to force decisions.

But after another late night of haggling, there was no sign that the talks were anywhere near completion, with negotiators waiting for a fresh text after wide criticism of a draft released Monday.

"We have time and we are prepared to stay a little longer," German Foreign Minister Annalena Baerbock said.

The team from the Marshall Islands -- which lies on average 2.1 metres (seven feet) above sea level and is threatened with submersion as ice melts -- vowed to stay until the end.

The Pacific archipelago's negotiator, John Silk, said that his country "did not come here to sign our death warrant".

Campaigners had hoped the COP28 summit -- set in a glitzy metropolis built on petrodollars -- would take the historic step of calling for the first time for a global phase-out of fossil fuels, which account for three-quarters of greenhouse gas emissions blamed for the planetary crisis.

But climate decisions must be made by consensus and Saudi Arabia, the world's largest oil exporter, has led opposition to the threat to its financial lifeblood.

The draft put forward by COP28 president Sultan Al Jaber -- himself head of the UAE's national oil company -- only lists a series of options including reductions in fossil fuel production and consumption.

- 'Broken beyond repair' -

Clive Hamilton, a professor at Australia's Charles Sturt University and veteran watcher of climate negotiations, said the "extraordinarily weak draft" showed the influence of the fossil fuel lobby, which showed up at COP28 in record numbers.

"If anything like the current text is adopted, it will show the COP process to be broken beyond repair," he said.

Scientists say the planet has already warmed by 1.2 degrees Celsius (2.2 Fahrenheit) from pre-industrial times and that 2023 -- marked by lethal disasters including wildfires across the world -- has likely been the warmest in 100,000 years.

The 2015 Paris summit endorsed an ambition of checking warming at 1.5 Celsius -- a goal endorsed in the latest draft, but which critics say is virtually impossible without serious efforts to curb oil, gas and coal.

"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," said US climate envoy John Kerry, who helped negotiate the Paris accord.

"This is a war for survival," he said in a closed-door session which ended at around 2:30 am.

Kerry has supported calls to phase out fossil fuels, even though the United States remains the world's largest oil producer and much of the rival Republican Party adamantly opposes action on climate.

- Revisions expected -

Former US vice president Al Gore, who won the Nobel Peace Prize for his climate advocacy, said that the "obsequious" draft looked as if it had been written by the OPEC oil cartel.

"In order to prevent COP28 from being the most embarrassing and dismal failure in 28 years of international climate negotiations, the final text must include clear language on phasing out fossil fuels," Gore wrote on X, formerly known as Twitter.

Jaber acknowledged Monday there was work to do, and a person familiar with the COP28 presidency's thinking called Monday's text "an opening gambit" that could be built upon.

 

"This is not a menu in a restaurant. We have to do all of these things," Canada's Steven Guilbeault, part of a group of ministers tasked by Jaber to shepherd negotiations, told AFP.

The latest draft deal also includes calls to accelerate zero- and low-emission technologies -- including renewables and nuclear power -- in language similar to a joint statement reached last month by the United States and China, the world's two biggest emitters.

J.P.Cortez--TFWP