Climate Politics
COP Draft Deal Offers Fossil Fuel Cuts, But Falls Short for Many
- Draft deal is criticized as too weak by many nations in Dubai
- Saudi Arabia has been strongly opposed to fossil-fuel cuts
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A draft deal at the COP28 climate in Dubai called on countries to cut their consumption and production of fossil fuels as the hosts tried to craft a compromise less than 24 hours before the summit is due to end.
The 21-page agreement would, if adopted, be the first specifically calling for reduced use of all fossil fuels, including oil and gas, marking a historic shift in the UN treaty that governs the global fight against against climate change. But for many countries it doesn’t go nearly far enough, falling short of a complete phase out and offering nations loopholes and opt-outs.