While the EU and US are pushing for some kind of commitment to phase out fossil fuels, China, India and others have balked at the approach. Saudi Arabia’s energy minister told Bloomberg the kingdom would not agree to phase-down language in a final accord.
The world needs to phase out some fossil fuels — while employing carbon capture technology — to reach net-zero climate targets by mid-century, US climate envoy John Kerry said, even as negotiators haggled over the best approach.
The future of oil, gas and coal has become a major hurdle for countries wrapping an initial week of talks at the COP28 climate summit in Dubai, where final decisions must be agreed unanimously.
