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

EUR -
AED 4.309461
AFN 80.955902
ALL 97.033917
AMD 449.913431
ANG 2.099894
AOA 1075.886894
ARS 1706.304664
AUD 1.765215
AWG 2.111882
AZN 1.999213
BAM 1.95618
BBD 2.363728
BDT 142.827717
BGN 1.957891
BHD 0.442316
BIF 3458.206488
BMD 1.173268
BND 1.505573
BOB 8.10947
BRL 6.276166
BSD 1.173613
BTN 103.528061
BWP 15.633834
BYN 3.975188
BYR 22996.046539
BZD 2.360449
CAD 1.624547
CDF 3326.214299
CHF 0.934414
CLF 0.028557
CLP 1120.295109
CNY 8.359185
CNH 8.360131
COP 4571.3442
CRC 591.214729
CUC 1.173268
CUP 31.091594
CVE 110.727185
CZK 24.302422
DJF 208.513594
DKK 7.463678
DOP 74.179896
DZD 152.197504
EGP 56.51232
ERN 17.599015
ETB 167.953728
FJD 2.626599
FKP 0.864858
GBP 0.865197
GEL 3.156548
GGP 0.864858
GHS 14.31839
GIP 0.864858
GMD 83.893157
GNF 10160.49853
GTQ 8.997631
GYD 245.535555
HKD 9.129553
HNL 30.693138
HRK 7.534489
HTG 153.569147
HUF 390.369041
IDR 19251.562737
ILS 3.91398
IMP 0.864858
INR 103.576662
IQD 1536.980662
IRR 49365.238073
ISK 143.197773
JEP 0.864858
JMD 188.266534
JOD 0.831893
JPY 173.113891
KES 151.942625
KGS 102.60271
KHR 4697.764204
KMF 492.190243
KPW 1055.883528
KRW 1633.897018
KWD 0.358234
KYD 0.978077
KZT 634.605036
LAK 25430.577385
LBP 105066.121203
LKR 354.110227
LRD 208.842056
LSL 20.380107
LTL 3.464355
LVL 0.709698
LYD 6.347825
MAD 10.573782
MDL 19.493534
MGA 5244.506939
MKD 61.551945
MMK 2462.770377
MNT 4220.058209
MOP 9.407945
MRU 46.831025
MUR 53.388069
MVR 17.963172
MWK 2039.139633
MXN 21.647263
MYR 4.933636
MZN 74.98398
NAD 20.380102
NGN 1764.993945
NIO 43.063291
NOK 11.577565
NPR 165.636025
NZD 1.969741
OMR 0.451121
PAB 1.173673
PEN 4.08771
PGK 4.91017
PHP 67.069265
PKR 330.396521
PLN 4.253002
PYG 8386.627482
QAR 4.271403
RON 5.067388
RSD 117.126184
RUB 97.507745
RWF 1695.371798
SAR 4.401787
SBD 9.648687
SCR 17.720869
SDG 705.724823
SEK 10.949491
SGD 1.504593
SHP 0.922004
SLE 27.436909
SLL 24602.834246
SOS 670.526776
SRD 46.19746
STD 24284.27217
STN 24.873275
SVC 10.26803
SYP 15254.688545
SZL 20.36836
THB 37.229001
TJS 11.043749
TMT 4.106437
TND 3.406746
TOP 2.747915
TRY 48.528233
TTD 7.979446
TWD 35.554748
TZS 2886.238887
UAH 48.384295
UGX 4124.853191
USD 1.173268
UYU 47.009323
UZS 14624.78203
VES 184.8267
VND 30956.667752
VUV 140.114972
WST 3.117277
XAF 656.075928
XAG 0.027737
XAU 0.000322
XCD 3.170815
XCG 2.115183
XDR 0.815739
XOF 656.447483
XPF 119.331742
YER 281.119147
ZAR 20.375612
ZMK 10560.821252
ZMW 27.844047
ZWL 377.791714
  • RIO

    -0.1000

    62.44

    -0.16%

  • RBGPF

    0.0000

    77.27

    0%

  • CMSC

    -0.0200

    24.36

    -0.08%

  • NGG

    0.5300

    71.6

    +0.74%

  • RELX

    0.1700

    46.5

    +0.37%

  • BTI

    -0.7200

    56.59

    -1.27%

  • RYCEF

    0.3000

    15.42

    +1.95%

  • SCS

    -0.1900

    16.81

    -1.13%

  • GSK

    -0.6500

    40.83

    -1.59%

  • CMSD

    0.0100

    24.4

    +0.04%

  • BP

    -0.5800

    33.89

    -1.71%

  • VOD

    -0.0100

    11.85

    -0.08%

  • BCE

    -0.1400

    24.16

    -0.58%

  • AZN

    -1.5400

    79.56

    -1.94%

  • BCC

    -3.3300

    85.68

    -3.89%

  • JRI

    0.1100

    14.23

    +0.77%

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