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

EUR -
AED 4.114065
AFN 72.259582
ALL 90.790621
AMD 404.158249
ANG 2.004979
AOA 1027.255243
ARS 1706.277137
AUD 1.605841
AWG 2.019222
AZN 1.908846
BAM 1.955598
BBD 2.254667
BDT 138.445698
BGN 1.95798
BHD 0.422456
BIF 3355.553362
BMD 1.120234
BND 1.430852
BOB 13.181638
BRL 5.562192
BSD 1.119484
BTN 106.219027
BWP 15.421407
BYN 3.28696
BYR 21956.591821
BZD 2.251367
CAD 1.568609
CDF 2594.46299
CHF 0.92428
CLF 0.028243
CLP 1105.065844
CNY 7.480981
CNH 7.472639
COP 3552.732992
CRC 510.847228
CUC 1.120234
CUP 26.866225
CVE 110.25361
CZK 24.330933
DJF 199.339408
DKK 7.473811
DOP 68.662907
DZD 150.487454
EGP 61.701626
ERN 16.803514
ETB 182.080891
FJD 2.506193
FKP 0.837532
GBP 0.83759
GEL 2.901844
GGP 0.837532
GHS 12.979659
GIP 0.837532
GMD 82.897735
GNF 9906.976581
GTQ 8.557116
GYD 234.45578
HKD 8.78527
HNL 30.053895
HRK 7.537165
HTG 146.714844
HUF 366.731529
IDR 20269.350965
ILS 3.478944
IMP 0.837532
INR 106.361208
IQD 1697.024692
IRR 2052689.282929
ISK 136.422562
JEP 0.837532
JMD 177.661647
JOD 0.79429
JPY 175.72038
KES 145.354984
KGS 97.962924
KHR 4573.527541
KMF 492.347215
KPW 1008.210806
KRW 1482.658115
KWD 0.348046
KYD 0.932904
KZT 508.267495
LAK 25190.397759
LBP 100245.344367
LKR 371.711601
LRD 190.860284
LSL 18.546684
LTL 3.307761
LVL 0.677619
LYD 7.169259
MAD 10.995664
MDL 20.205913
MGA 5062.477032
MKD 61.598637
MMK 2352.70217
MNT 4032.758987
MOP 9.043866
MRU 44.738378
MUR 52.830672
MVR 17.319246
MWK 1941.099479
MXN 20.912986
MYR 4.576498
MZN 71.587148
NAD 18.546684
NGN 1492.219693
NIO 41.195744
NOK 10.482469
NPR 169.950444
NZD 1.961367
OMR 0.429016
PAB 1.119384
PEN 3.844503
PGK 5.013482
PHP 71.267107
PKR 309.775499
PLN 4.40251
PYG 6474.331183
QAR 4.080578
RON 5.3545
RSD 117.487863
RUB 89.990404
RWF 1653.929144
SAR 4.204519
SBD 9.045421
SCR 15.663382
SDG 673.825035
SEK 11.125947
SGD 1.430432
SHP 0.837151
SLE 25.709792
SLL 23490.757589
SOS 639.733914
SRD 42.152218
STD 23186.587781
STN 24.497469
SVC 9.794988
SYP 14565.285711
SZL 18.546084
THB 37.830725
TJS 10.315634
TMT 3.932022
TND 3.342755
TOP 2.697255
TRY 55.679905
TTD 7.606214
TWD 36.503734
TZS 2963.693842
UAH 50.679165
UGX 4931.490563
USD 1.120234
UYU 44.895362
UZS 13396.616091
VES 985.569686
VND 28949.654292
VUV 133.391269
WST 3.100456
XAF 655.957
XAG 0.020782
XAU 0.000280356799
XCD 3.02749
XCG 2.017492
XDR 0.792064
XOF 655.957
XPF 119.331742
YER 264.491333
ZAR 18.566461
ZMK 10083.456786
ZMW 22.506675
ZWL 360.71498
SSP 6436.51929
MXV 2.360302
  • BCC

    -0.5500

    77.74

    -0.71%

  • BCE

    -0.4100

    20.4

    -2.01%

  • RIO

    -0.7200

    83.42

    -0.86%

  • NGG

    -0.7800

    81.86

    -0.95%

  • GSK

    -0.4600

    50.75

    -0.91%

  • CMSC

    0.0000

    19.6

    0%

  • AZN

    -1.0800

    171.49

    -0.63%

  • RBGPF

    2.6200

    72.77

    +3.6%

  • CMSD

    0.1800

    19.78

    +0.91%

  • JRI

    0.0700

    10.75

    +0.65%

  • RELX

    -0.0800

    40.54

    -0.2%

  • VOD

    -0.3800

    15.74

    -2.41%

  • BTI

    -0.9900

    59.48

    -1.66%

  • BP

    1.2700

    51.32

    +2.47%

  • RYCEF

    -1.7500

    15.26

    -11.47%

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."

R.Krejci--TPP