The Prague Post - Pressure mounts on COP28 president as fossil fuel debate sizzles

EUR -
AED 4.133496
AFN 78.993721
ALL 98.292187
AMD 437.813036
ANG 2.028226
AOA 1031.956036
ARS 1251.004261
AUD 1.754269
AWG 2.025649
AZN 1.917581
BAM 1.956366
BBD 2.27052
BDT 136.679539
BGN 1.955645
BHD 0.423966
BIF 3345.334088
BMD 1.125361
BND 1.459884
BOB 7.77318
BRL 6.356604
BSD 1.124511
BTN 95.971371
BWP 15.247788
BYN 3.681332
BYR 22057.066742
BZD 2.25882
CAD 1.569147
CDF 3232.035901
CHF 0.936355
CLF 0.027415
CLP 1052.026377
CNY 8.144577
CNH 8.147858
COP 4768.715323
CRC 570.754632
CUC 1.125361
CUP 29.822055
CVE 110.567117
CZK 24.960277
DJF 200.244083
DKK 7.463508
DOP 66.164741
DZD 149.7051
EGP 56.934474
ERN 16.880408
ETB 150.878807
FJD 2.553673
FKP 0.845242
GBP 0.846231
GEL 3.08916
GGP 0.845242
GHS 14.79893
GIP 0.845242
GMD 80.467613
GNF 9738.225934
GTQ 8.652503
GYD 236.030939
HKD 8.753814
HNL 29.213678
HRK 7.537782
HTG 146.858327
HUF 404.297467
IDR 18625.223483
ILS 3.99081
IMP 0.845242
INR 96.115361
IQD 1474.222318
IRR 47377.679471
ISK 146.983775
JEP 0.845242
JMD 178.745792
JOD 0.798223
JPY 163.602108
KES 145.738469
KGS 98.413212
KHR 4501.642176
KMF 491.224149
KPW 1012.802732
KRW 1571.172561
KWD 0.345153
KYD 0.937442
KZT 580.552785
LAK 24319.041837
LBP 100832.305501
LKR 336.104243
LRD 224.902123
LSL 20.538259
LTL 3.322898
LVL 0.68072
LYD 6.16251
MAD 10.412403
MDL 19.279978
MGA 5059.597826
MKD 61.530109
MMK 2362.563611
MNT 4024.463103
MOP 9.012527
MRU 44.800439
MUR 51.440657
MVR 17.33476
MWK 1949.845012
MXN 21.874928
MYR 4.835718
MZN 71.914736
NAD 20.538254
NGN 1808.578614
NIO 41.376711
NOK 11.672544
NPR 153.553794
NZD 1.904244
OMR 0.433006
PAB 1.124915
PEN 4.097481
PGK 4.667629
PHP 62.307881
PKR 316.686827
PLN 4.233571
PYG 8990.285386
QAR 4.097157
RON 5.12017
RSD 117.243917
RUB 92.791924
RWF 1616.471511
SAR 4.221084
SBD 9.389874
SCR 15.97473
SDG 675.783146
SEK 10.92971
SGD 1.460835
SHP 0.884357
SLE 25.60237
SLL 23598.229739
SOS 642.648918
SRD 41.30355
STD 23292.691251
SVC 9.842847
SYP 14631.484448
SZL 20.443375
THB 37.092299
TJS 11.642765
TMT 3.950016
TND 3.394369
TOP 2.635711
TRY 43.631708
TTD 7.642143
TWD 34.05499
TZS 3033.358886
UAH 46.714787
UGX 4117.191035
USD 1.125361
UYU 47.023603
UZS 14500.271038
VES 104.337792
VND 29235.178998
VUV 136.341926
WST 3.126761
XAF 655.904864
XAG 0.034382
XAU 0.000338
XCD 3.041344
XDR 0.815735
XOF 655.904864
XPF 119.331742
YER 275.094795
ZAR 20.478918
ZMK 10129.599402
ZMW 29.602647
ZWL 362.365637
  • RBGPF

    65.2700

    65.27

    +100%

  • VOD

    0.0500

    9.3

    +0.54%

  • RELX

    0.3486

    53.85

    +0.65%

  • SCS

    -0.0200

    10.46

    -0.19%

  • NGG

    0.5100

    70.69

    +0.72%

  • AZN

    0.2700

    67.57

    +0.4%

  • RIO

    0.8000

    59.98

    +1.33%

  • GSK

    -0.2500

    36.62

    -0.68%

  • RYCEF

    0.0500

    10.55

    +0.47%

  • CMSC

    -0.0500

    22.06

    -0.23%

  • CMSD

    0.0100

    22.34

    +0.04%

  • JRI

    0.0300

    12.98

    +0.23%

  • BCE

    0.4800

    22.71

    +2.11%

  • BCC

    -0.9600

    88.62

    -1.08%

  • BTI

    -1.6600

    41.64

    -3.99%

  • BP

    1.1800

    29.77

    +3.96%

Pressure mounts on COP28 president as fossil fuel debate sizzles
Pressure mounts on COP28 president as fossil fuel debate sizzles / Photo: Giuseppe CACACE - AFP

Pressure mounts on COP28 president as fossil fuel debate sizzles

The Emirati head of UN climate talks faced growing pressure Wednesday to steer nations towards a consensus as negotiators sparred over the thorny issue of fossil fuels.

Text size:

A report confirming that 2023 will be the hottest year in recorded history was a reminder of the stakes as the UN negotiations hosted by the oil-rich UAE reached their midway point.

A new draft climate agreement had been expected on Wednesday but none was published by the end of the afternoon. The negotiations are due to end, in theory, on December 12.

The fate of oil, gas and coal -- the main drivers of human-caused planet heating -- has been the biggest sticking point on the agenda, and divisions around their future have dominated the conference.

"We have a starting text on the table, but it's a grab bag of ... wish lists and heavy on posturing," UN climate chief Simon Stiell told a news conference.

"At the end of next week, we need COP to deliver a bullet train to speed up climate action. We currently have an old caboose chugging over rickety tracks."

Urging embattled COP28 president Sultan Al Jaber to ease differences, Spain's Ecological Transition Minister Teresa Ribera said: "We expect from the COP president to be an honest broker and we expect leadership."

The Alliance of Small Islands States, which includes some of the world's most climate-vulnerable countries, called for "major emitters to enhance their commitments".

"If we fail, the consequences will be catastrophic," the alliance's chairman Cedric Schuster said.

- 'Orderly and just' -

Battle lines have previously been drawn on whether to agree to "phase out" or "phase down" fossil fuels.

However the latest text includes a new phrase calling for an "orderly and just" phase-out.

One person familiar with the talks said the word "orderly" came from Jaber, who also heads UAE national oil company ADNOC.

The language could signal a consensus candidate as it would give countries different timelines to cut emissions depending on their level of development and reliance on fossil fuels.

But there is another option: no mention at all of fossil fuels, which reflects opposition from nations including Saudi Arabia, Russia and China, according to several observers who attended the closed meetings.

During closed-door talks on Tuesday, Saudi Arabia again opposed any mention of fossils, saying it would avoid "the trauma of explaining our position ... that is well noted and clear," according to meeting participants.

China, India and a group representing Arab states have called for the deletion of an entire paragraph on an energy package, while Russia proposed adding text on gas as a "transition fuel," the participants said.

- 'Temperature will keep rising' -

With flagrant divisions coming to the fore, Europe has called for a harder line.

"I want this COP to mark the beginning of the end for fossil fuels," European climate commissioner Wopke Hoekstra said on Wednesday.

Germany's climate envoy Jennifer Morgan told AFP that "it is necessary that every party move away from their red lines (and) into solutions".

"We need to roll up our sleeves and get it done."

For his part, Stiell said the "key now is to sort the wheat from the chaff," urging a move towards consensus, while US climate envoy John Kerry stressed that "adults need to behave like adults".

The new draft must be brought to a large plenary meeting taking stock of the first week of talks ahead of a rest day on Thursday.

Meanwhile, the EU's Copernicus Climate Change Service said on Wednesday that 2023 will be the hottest on record after November became the sixth record-breaking month in a row.

Last month smashed the previous November heat record, pushing 2023's global average temperature to 1.46C warmer than the pre-industrial era, the service said.

 

"The temperature will keep rising and so will the impacts of heatwaves and droughts."

R.Rous--TPP