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FACTBOX: COP28’s fossil fuel call focuses on power; carbon talks draw blank

December 15, 2023 Comments Off

The UN Climate Change Conference in Dubai concluded Dec. 13 with a call on all countries to move away from using fossil fuels, accelerate the phasedown of unabated coal power and triple renewables. Here, S&P Global Commodity Insights reporters add market context to the first global stocktake deal. Infrastructure The agreement recognizes the need to transition away from fossil fuels…