The Fort Worth Press - Dubai climate summit adopts world-first 'transition' from fossil fuels

USD -
AED 3.672504
AFN 64.000368
ALL 81.109773
AMD 359.873322
ANG 1.789785
AOA 918.000367
ARS 1528.316696
AUD 1.422678
AWG 1.8025
AZN 1.70397
BAM 1.74477
BBD 2.011597
BDT 123.993042
BGN 1.747831
BHD 0.377091
BIF 2997.279094
BMD 1
BND 1.275971
BOB 12.110264
BRL 5.440104
BSD 0.998796
BTN 94.782997
BWP 13.79901
BYN 2.942058
BYR 19600
BZD 2.008653
CAD 1.39745
CDF 2315.000362
CHF 0.823841
CLF 0.025228
CLP 992.920396
CNY 6.661104
CNH 6.651304
COP 3164.280298
CRC 454.168339
CUC 1
CUP 23.969847
CVE 98.367456
CZK 21.81604
DJF 177.849146
DKK 6.697404
DOP 60.537937
DZD 135.196931
EGP 55.738436
ERN 15
ETB 161.241358
EUR 0.892404
FJD 2.243704
FKP 0.746437
GBP 0.746436
GEL 2.603861
GGP 0.746437
GHS 11.635666
GIP 0.746437
GMD 74.000355
GNF 8839.823364
GTQ 7.635488
GYD 209.349213
HKD 7.84585
HNL 26.845087
HRK 6.76901
HTG 130.853294
HUF 327.940388
IDR 18127.15
ILS 3.14456
IMP 0.746437
INR 94.912504
IQD 1514.072885
IRR 1868415.000352
ISK 121.830386
JEP 0.746437
JMD 158.713591
JOD 0.70904
JPY 157.562504
KES 129.791695
KGS 87.448704
KHR 4075.114858
KMF 441.00035
KPW 899.999961
KRW 1333.420383
KWD 0.31117
KYD 0.83233
KZT 452.856952
LAK 22487.176056
LBP 89438.155136
LKR 332.209287
LRD 169.784558
LSL 16.644543
LTL 2.95274
LVL 0.60489
LYD 6.420447
MAD 9.82042
MDL 17.877693
MGA 4517.596681
MKD 54.931085
MMK 2099.994593
MNT 3599.692564
MOP 8.070654
MRU 40.499576
MUR 47.280378
MVR 15.450378
MWK 1731.477764
MXN 18.78615
MYR 4.058204
MZN 63.910377
NAD 16.644543
NGN 1346.470377
NIO 36.754539
NOK 9.208504
NPR 151.652616
NZD 1.772422
OMR 0.382702
PAB 0.998885
PEN 3.456889
PGK 4.545252
PHP 63.764504
PKR 276.304474
PLN 3.94725
PYG 5851.286855
QAR 3.64084
RON 4.782204
RSD 104.839645
RUB 80.300995
RWF 1474.374415
SAR 3.7544
SBD 8.058206
SCR 14.652482
SDG 601.503676
SEK 9.826204
SGD 1.278804
SHP 0.748335
SLE 22.903667
SLL 20969.504398
SOS 570.765868
SRD 37.619504
STD 20697.981008
STN 21.856461
SVC 8.739016
SYP 13001.999685
SZL 16.639458
THB 33.723038
TJS 9.193541
TMT 3.5
TND 2.986752
TOP 2.40776
TRY 49.933804
TTD 6.771935
TWD 32.621404
TZS 2646.683617
UAH 45.299969
UGX 4244.613944
UYU 40.153441
UZS 11979.124849
VES 887.479804
VND 25803.5
VUV 119.284453
WST 2.776099
XAF 585.378718
XAG 0.020359
XAU 0.000258029557
XCD 2.70255
XCG 1.799991
XDR 0.707052
XOF 585.378718
XPF 106.3919
YER 236.203589
ZAR 16.719695
ZMK 9001.203584
ZMW 20.14006
ZWL 321.999592
SSP 5745.299168
MXV 2.117302
  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • RELX

    0.0000

    33.41

    0%

  • RBGPF

    0.0000

    67.95

    0%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BCC

    -0.0300

    75.66

    -0.04%

  • GSK

    0.8600

    51.08

    +1.68%

  • JRI

    -0.0300

    11.52

    -0.26%

  • NGG

    -0.1200

    76.68

    -0.16%

  • CMSD

    0.0900

    20.54

    +0.44%

  • BTI

    -0.0800

    55.75

    -0.14%

  • AZN

    2.0200

    168.1

    +1.2%

  • BP

    -1.4200

    43.16

    -3.29%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • VOD

    0.0700

    17.02

    +0.41%

Dubai climate summit adopts world-first 'transition' from fossil fuels
Dubai climate summit adopts world-first 'transition' from fossil fuels / Photo: © AFP

Dubai climate summit adopts world-first 'transition' from fossil fuels

Nearly 200 nations meeting in Dubai on Wednesday approved a first-ever call for the world to transition away from fossil fuels, tackling the top culprit of climate change after years of avoidance although at-risk countries said far more action was needed.

Text size:

After 13 days of talks and several sleepless nights in a country built on oil wealth, the Emirati president of the UN-led COP28 summit banged a gavel to signal the world had reached consensus.

"You did step up, you showed flexibility, you put common interest ahead of self-interest," said COP28 president Sultan Al Jaber, whose role as head of the United Arab Emirates' national oil company raised suspicion among many environmentalists.

Describing the deal as bringing "transformational change" on climate, Jaber said of the UAE's diplomacy: "We have helped restore faith and trust in multilateralism, and we have shown that humanity can come together."

EU climate chief Wopke Hoekstra called the agreement "long, long overdue", saying it had taken nearly 30 years of climate meeting to "arrive at the beginning of the end of fossil fuels".

But with the UN talks requiring consensus, Jaber carefully calibrated the text to bring onboard countries from islands that fear extinction from rising sea levels to oil giant Saudi Arabia, which led the charge to keep exporting its petroleum.

Toughening language from an earlier draft that was roundly denounced by environmentalists, the agreement calls for "transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner".

It calls for expanding action "in this critical decade" and recommits to no net greenhouse gas emissions by 2050 in hopes of meeting the increasingly elusive goal of checking warming at 1.5 degrees (2.7 Fahrenheit) above pre-industrial levels.

The planet has already warmed by 1.2 degrees and scientists say 2023 was likely the warmest in 100,000 years, as storms, droughts and lethal wildfires expand around the world.

- Islanders still alarmed -

The negotiator from the Marshall Islands had warned that an earlier draft marked a "death warrant" for his nation, which is just 2.1 metres (seven feet) above sea level.

The small islands did not block the Dubai deal, but a representative from Samoa criticised the language as too weak after contending the group had not arrived yet in the room at Dubai's sprawling Expo City when Jaber declared consensus.

"We have made an incremental advancement over business as usual when what we really needed is an exponential step change in our actions," Samoan chief negotiator Anne Rasmussen said on behalf of the island nations, drawing a standing ovation and polite applause from Jaber.

Brazil, which will lead the climate talks in 2025 in the Amazon, said that wealthy nations must now deliver on another key climate pledge -- providing assistance to worst-hit developing nations.

But US climate envoy John Kerry said that no side can ever achieve everything in negotiations and praised the deal as a sign a war-torn world can come together for the common good.

"I think everyone has to agree this is much stronger and clearer as a call on 1.5 than we have ever heard before, and it clearly reflects what the science says," Kerry said.

A Saudi representative voiced "gratitude" to the UAE efforts, calling the outcome a "great success".

The text stopped short of backing appeals during the summit for a "phase-out" of oil, gas and coal, which together account for around three-quarters of the emissions responsible for the planetary crisis.

But it goes well beyond Jaber's earlier draft that merely suggested that nations "could" reduce the consumption and production of fossil fuels, among other options.

Environmentalists virtually all saw the agreement as a step forward, although many cautioned that there will still far more to do.

"We are finally naming the elephant in the room. The genie is never going back into the bottle and future COPs will only turn the screws even more on dirty energy," said Mohamed Adow, director of the Power Shift Africa think tank, referring to the annual UN climate meetings known as Conferences of the Parties.

"Some people may have had their expectations for this meeting raised too high, but this result would have been unheard of two years ago, especially at a COP meeting in a petrostate," he said.

- More ambition, but with loopholes -

The agreement also made more explicit the near-term goals in the goal of ending net emissions by 2050.

It called for the world to cut greenhouse gas emissions by 43 percent by 2030 compared with 2019 levels.

But Jean Su of the Center for Biological Diversity, while seeing progress, said there were still "cavernous loopholes" for fossil fuels.

The agreement tackles only fossil use in energy, not in industrial areas such as production of plastics and fertiliser.

She also voiced alarm at the recognition of the role of "transitional fuels", which she saw as a codeword for producers of natural gas and other fossil fuels such as the United States on the grounds of energy security.

The deal backs a phase-down of "unabated" coal power -- meaning it preserves a role for the dirty but politically sensitive energy source if there is use of carbon capture technology, panned by many environmentalists as unproven.

T.Harrison--TFWP