Observers see OPEC ‘panicking’ as COP28 climate talks focus on possible fossil fuel phase-out – Daily News

on Dec10
by | Comments Off on Observers see OPEC ‘panicking’ as COP28 climate talks focus on possible fossil fuel phase-out – Daily News |

By SETH BORENSTEIN, DAVID KEYTON, SIBI ARASU and JAMEY KEATEN

DUBAI, United Arab Emirates — Veteran negotiators at the United Nations climate talks Saturday said that the push to wean the world from dirty fossil fuels had gained so much momentum that they had poked a powerful enemy: the oil industry.

Late Friday, multiple news sources reported that the leader of OPEC, the powerful oil cartel, wrote to member countries earlier this week urging them to block any language that would phase out or phase down fossil fuels. The news had the effect of a thunderclap, shining a light on host and petrostate United Arab Emirates, which clearly has oil interests but also wants to show the world that it can lead the conference toward a substantive result.

Environmental activists, still smarting after decades of soft power from oil interests keeping such discussions from seeing the light of day, smirked at signs that the mighty cartel was circling the wagons.



Previous postHow Project Ropa is clothing LA’s homeless population – NBC Los Angeles Next postKeep track of Flu and COVID-19 cases as the holidays approach – NBC Los Angeles


Los Angeles Financial times


Copyright © 2024 Los Angeles Financial times

Updates via RSS
or Email