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COP28: Phaseout of fossil fuels removed from revised global stocktake text

December 12, 2023 Comments Off

Amid intense pressure from oil and gas producers, language referring to the phaseout of fossil fuels was removed in the latest draft of the UN Climate Change Conference’s Global Stocktake, released Dec. 11. This threatens the agreement of a conclusive deal, with EU ministers branding the new text unacceptable, setting the stage for a final day of fraught negotiations. Prior…