London (CNN) — Is this the beginning of the end of the fossil fuel era? The world’s latest climate deal could be that milestone. But recent events show the oil and gas industry still has a very different vision of the future.
Following marathon talks, the COP28 climate summit in Dubai struck a deal Wednesday that makes the unprecedented call for “transitioning away from fossil fuels.”
Some countries, including the United States, welcomed the firmest-ever commitment to moving away from energy sources responsible for most planet-heating emissions, but critics were quick to point out that the agreement falls far short of requiring the world to “phase-out” oil, coal and gas, a position more than 100 nations had supported. READ MORE...
