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COP28: Iraq rejects fossil fuels phasedown, phaseout

December 11, 2023 Comments Off

Iraq, OPEC’s second-biggest oil producer, will not agree to a phasedown or phaseout of fossil fuels, while it has already begun with steps to reduce emissions, the adviser to Iraq’s oil ministry told S&P Global Commodity Insights at the UN Climate Change Conference in Dubai on Dec. 11, one day before talks are supposed to end. “We agree to phaseout…