Climate conference: Iraq and Saudi Arabia oppose an imminent agreement to mark the beginning of the end of the oil era
- Time: 12/11/2023 08:28:15
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{International: Al-Furat News} The twenty-eighth session of the United Nations Climate Conference (COP28), held in Dubai, is witnessing an unprecedented dynamic in abandoning fossil fuels, despite the opposition of Iraq and Saudi Arabia and the ambiguity surrounding the terms of the possible settlement 24 hours before the end of the conference.
It is expected that a new draft of the conference’s final agreement will be revealed on Monday morning, the penultimate day before the conference’s conclusion.
This new text will launch an intense series of negotiations that may be followed by one or more nights during which delegates and observers will not have time to sleep. In 28 years, climate conferences have rarely finished on time.
But the designated president of COP28, Emirati Sultan Al Jaber, who also serves as chairman of oil giant ADNOC, promised a “historic” agreement on December 12, the anniversary of the announcement of the Paris Agreement.
The agreement concluded in 2015 stipulates limiting global warming to less than two degrees Celsius compared to the temperature that was recorded in the world during the period that preceded the industrial revolution, and if possible, to within 1.5 degrees Celsius.
“Everyone has to be flexible,” Al Jaber said on Sunday, adding, “We have to move forward much faster.”
The new text expected on Monday, which will likely include options or formulas in parentheses, will test Al-Jaber’s ability to reach a compromise in the final hours.
So far, delegates and ministers have made little progress despite arduous negotiations and more secret bilateral meetings in Expo City Dubai, the venue of the conference.
A source close to the COP28 presidency said that the blocs are waiting for the new text to “reveal their true cards.”
Saudi Arabia, the world's number one exporter of crude oil, Iraq and some of their allies maintain their position of refusing to reduce or abandon the use of fossil fuels, highlighting controversial carbon capture technologies and hinting at the possibility of disruption to the global economy.
The participants, whether they belong to non-governmental organizations or are representatives of countries, believe that the agreement has never been closer to marking the beginning of the end of oil, gas and coal, the burning of which since the nineteenth century has allowed global economic growth, but whose price was a rise in global temperature of 1.2 degrees Celsius.
During an expanded meeting on Sunday, in which the participants sat in the form of a “council” according to traditions in the Gulf region, the ministers, one after another, expressed their support for abandoning fossil fuels.
Catherine Abreu from the non-governmental organization Destination Zero confirmed that it is "something that I could not have imagined just two years ago."
China was seen as inactive at the beginning of the conference, but many behind the scenes described its position as "constructive."
Aside from the possible call to gradually abandon fossil fuels, the future of these polluting energies may be mentioned indirectly, within the goal of tripling the world's renewable energies capacity by 2030, by requiring an increase in clean energies to eliminate coal and fuels.
This would replicate what was stated in the Sunnylands Declaration issued by the United States and China in November, in which the two countries, responsible for 41% of global greenhouse gas emissions, avoided mentioning “abandoning” fossil fuels and preferred to say that renewable energies (solar energy Wind energy...) should gradually replace fossil energies.
An important final agreement also depends on pledges made to emerging countries like India, which still produces three-quarters of their electricity by burning coal... and to developing countries, which are asking rich countries to allocate money to help them install the solar plants or wind turbines they need and adapt. With the repercussions of climate change.
[You must be registered and logged in to see this link.]
{International: Al-Furat News} The twenty-eighth session of the United Nations Climate Conference (COP28), held in Dubai, is witnessing an unprecedented dynamic in abandoning fossil fuels, despite the opposition of Iraq and Saudi Arabia and the ambiguity surrounding the terms of the possible settlement 24 hours before the end of the conference.
It is expected that a new draft of the conference’s final agreement will be revealed on Monday morning, the penultimate day before the conference’s conclusion.
This new text will launch an intense series of negotiations that may be followed by one or more nights during which delegates and observers will not have time to sleep. In 28 years, climate conferences have rarely finished on time.
But the designated president of COP28, Emirati Sultan Al Jaber, who also serves as chairman of oil giant ADNOC, promised a “historic” agreement on December 12, the anniversary of the announcement of the Paris Agreement.
The agreement concluded in 2015 stipulates limiting global warming to less than two degrees Celsius compared to the temperature that was recorded in the world during the period that preceded the industrial revolution, and if possible, to within 1.5 degrees Celsius.
“Everyone has to be flexible,” Al Jaber said on Sunday, adding, “We have to move forward much faster.”
The new text expected on Monday, which will likely include options or formulas in parentheses, will test Al-Jaber’s ability to reach a compromise in the final hours.
So far, delegates and ministers have made little progress despite arduous negotiations and more secret bilateral meetings in Expo City Dubai, the venue of the conference.
A source close to the COP28 presidency said that the blocs are waiting for the new text to “reveal their true cards.”
Saudi Arabia, the world's number one exporter of crude oil, Iraq and some of their allies maintain their position of refusing to reduce or abandon the use of fossil fuels, highlighting controversial carbon capture technologies and hinting at the possibility of disruption to the global economy.
The participants, whether they belong to non-governmental organizations or are representatives of countries, believe that the agreement has never been closer to marking the beginning of the end of oil, gas and coal, the burning of which since the nineteenth century has allowed global economic growth, but whose price was a rise in global temperature of 1.2 degrees Celsius.
During an expanded meeting on Sunday, in which the participants sat in the form of a “council” according to traditions in the Gulf region, the ministers, one after another, expressed their support for abandoning fossil fuels.
Catherine Abreu from the non-governmental organization Destination Zero confirmed that it is "something that I could not have imagined just two years ago."
China was seen as inactive at the beginning of the conference, but many behind the scenes described its position as "constructive."
Aside from the possible call to gradually abandon fossil fuels, the future of these polluting energies may be mentioned indirectly, within the goal of tripling the world's renewable energies capacity by 2030, by requiring an increase in clean energies to eliminate coal and fuels.
This would replicate what was stated in the Sunnylands Declaration issued by the United States and China in November, in which the two countries, responsible for 41% of global greenhouse gas emissions, avoided mentioning “abandoning” fossil fuels and preferred to say that renewable energies (solar energy Wind energy...) should gradually replace fossil energies.
An important final agreement also depends on pledges made to emerging countries like India, which still produces three-quarters of their electricity by burning coal... and to developing countries, which are asking rich countries to allocate money to help them install the solar plants or wind turbines they need and adapt. With the repercussions of climate change.
[You must be registered and logged in to see this link.]
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