The Fort Worth Press - UAE COP28 chief says fossil fuels must be part of climate deal

USD -
AED 3.67298
AFN 69.341529
ALL 89.034836
AMD 387.423953
ANG 1.803813
AOA 928.502449
ARS 962.731802
AUD 1.467825
AWG 1.8
AZN 1.695264
BAM 1.752415
BBD 2.020823
BDT 119.608265
BGN 1.760945
BHD 0.376825
BIF 2901.136119
BMD 1
BND 1.29238
BOB 6.916171
BRL 5.4254
BSD 1.000914
BTN 83.716457
BWP 13.169307
BYN 3.275482
BYR 19600
BZD 2.017409
CAD 1.356675
CDF 2871.00015
CHF 0.84765
CLF 0.033735
CLP 930.860214
CNY 7.052599
CNH 7.051315
COP 4165.25
CRC 518.478699
CUC 1
CUP 26.5
CVE 98.795796
CZK 22.476201
DJF 178.230951
DKK 6.68244
DOP 60.08153
DZD 132.411724
EGP 48.531501
ERN 15
ETB 115.187488
EUR 0.895775
FJD 2.199802
FKP 0.761559
GBP 0.751815
GEL 2.729695
GGP 0.761559
GHS 15.764174
GIP 0.761559
GMD 68.500902
GNF 8648.20307
GTQ 7.736831
GYD 209.357752
HKD 7.792565
HNL 24.828192
HRK 6.799011
HTG 131.899147
HUF 353.179652
IDR 15149.75
ILS 3.767105
IMP 0.761559
INR 83.586799
IQD 1311.118478
IRR 42092.502952
ISK 136.410326
JEP 0.761559
JMD 157.248201
JOD 0.708702
JPY 143.765059
KES 129.109975
KGS 84.274985
KHR 4062.396402
KMF 441.350276
KPW 899.999433
KRW 1333.754984
KWD 0.30506
KYD 0.834087
KZT 479.369574
LAK 22100.764289
LBP 89627.804458
LKR 304.66727
LRD 200.173823
LSL 17.438602
LTL 2.95274
LVL 0.60489
LYD 4.767579
MAD 9.706293
MDL 17.46575
MGA 4509.533367
MKD 55.207111
MMK 3247.960992
MNT 3397.999955
MOP 8.03489
MRU 39.619734
MUR 45.879444
MVR 15.35953
MWK 1735.530896
MXN 19.44677
MYR 4.197504
MZN 63.849807
NAD 17.438602
NGN 1639.930035
NIO 36.834607
NOK 10.5085
NPR 133.938987
NZD 1.603116
OMR 0.384962
PAB 1.000914
PEN 3.75751
PGK 3.973765
PHP 55.613499
PKR 278.366694
PLN 3.831194
PYG 7813.059996
QAR 3.648899
RON 4.455898
RSD 104.877017
RUB 93.125823
RWF 1347.932048
SAR 3.752485
SBD 8.306937
SCR 13.619937
SDG 601.497895
SEK 10.1827
SGD 1.291425
SHP 0.761559
SLE 22.847303
SLL 20969.494858
SOS 572.007132
SRD 29.853022
STD 20697.981008
SVC 8.757515
SYP 2512.529936
SZL 17.425274
THB 33.028991
TJS 10.639297
TMT 3.5
TND 3.031476
TOP 2.342097
TRY 34.112845
TTD 6.803337
TWD 31.986796
TZS 2728.701955
UAH 41.476059
UGX 3716.579457
UYU 41.116756
UZS 12750.992321
VEF 3622552.534434
VES 36.754912
VND 24590
VUV 118.722009
WST 2.797463
XAF 587.732958
XAG 0.031995
XAU 0.000383
XCD 2.70255
XDR 0.741793
XOF 587.732958
XPF 106.857097
YER 250.325031
ZAR 17.562597
ZMK 9001.2318
ZMW 26.047299
ZWL 321.999592
  • BCC

    7.6300

    144.69

    +5.27%

  • SCS

    -0.8000

    13.31

    -6.01%

  • AZN

    0.3200

    78.9

    +0.41%

  • CMSC

    0.0650

    25.12

    +0.26%

  • GSK

    -0.8100

    41.62

    -1.95%

  • RIO

    2.2700

    65.18

    +3.48%

  • BTI

    -0.3100

    37.57

    -0.83%

  • CMSD

    0.0300

    25.01

    +0.12%

  • NGG

    -1.2200

    68.83

    -1.77%

  • RBGPF

    60.5000

    60.5

    +100%

  • RYCEF

    -0.0200

    6.93

    -0.29%

  • BP

    0.3300

    32.76

    +1.01%

  • RELX

    0.7600

    48.13

    +1.58%

  • BCE

    -0.4200

    35.19

    -1.19%

  • VOD

    -0.1700

    10.06

    -1.69%

  • JRI

    -0.0400

    13.4

    -0.3%

UAE COP28 chief says fossil fuels must be part of climate deal
UAE COP28 chief says fossil fuels must be part of climate deal / Photo: © AFP

UAE COP28 chief says fossil fuels must be part of climate deal

The Emirati host of the UN climate conference said Thursday that fossil fuels must be part of any deal as the crucial negotiations on global warming opened in Dubai.

Text size:

The two-week-long talks come at a pivotal moment, with emissions still rising and the World Meteorological Organization declaring 2023 is set to be the hottest year in human history.

In a significant step, nations are expected to formally approve on Thursday the launch of a "loss and damage" fund for climate-vulnerable countries after a year of hard-fought negotiations over how it would work.

But the fund remains to be filled, with rich nations urged to make contributions so the money can start flowing.

World leaders have been urged to move quicker to a clean energy future and make deeper cuts to emissions, with the world off-track to keeping global temperature rises below agreed levels.

There have been high-powered calls for the nearly 200 nations at COP to agree on a phaseout of fossil fuels, a proposal opposed by some powerful nations, and one that has dogged past negotiations.

But Sultan Al Jaber, the president of COP28 and chief of UAE oil giant ADNOC, asked delegates in Dubai to "adopt a different mindset" as negotiations commenced.

"It is essential that no issue is left off the table... we must look for ways and ensure the inclusion of the role of fossil fuels," Jaber said in his opening address.

- 'Pay with people's lives' -

UN Secretary-General Antonio Guterres had earlier told AFP that leaders should aim for a complete "phaseout" of fossil fuels, a position shared by many nations and environment campaigners at the conference.

"If we do not signal the terminal decline of the fossil fuel era as we know it, we welcome our own terminal decline. And we choose to pay with people's lives," UN climate chief Simon Stiell said on Thursday.

Double the size of last year's conference, COP28 is billed as the largest-ever climate gathering, with 97,000 people including Britain's King Charles III and some 180 other heads of state and government expected to attend.

The UN and hosts the UAE say they will be the most important since Paris in 2015, where nations agreed to limit global warming to well below 2 degrees Celsius since the pre-industrial era, and preferably to a safer limit of 1.5C.

The WMO on Thursday said 2023 had shattered a host of climate records, with extreme weather leaving "a trail of destruction and despair".

But the decision for the UAE to host the talks has attracted a firestorm of criticism and intense scrutiny of Jaber.

The 50-year-old Emirati, who also chairs a clean energy company, strenuously denied this week that he used the COP presidency to pursue new fossil fuel deals, allegations first reported by the BBC.

Guterres said Jaber was in a better position to tell the oil industry that a fossil fuel phaseout was necessary than "if he was the member of an NGO with a very solid pro-climate record."

Christiana Figueres, who was UN climate chief when the Paris deal was reached, said she was "giving up hope" that fossil fuel companies could be part of the solution to warming.

But Jaber said oil companies had come to the table this COP like never before, and though they had more to do had "stepped up to join this game-changing journey".

"They can lead the way. And then leading the way will ensure that others follow and catch up," he said.

The UAE sees itself as a bridge between the rich developed nations most responsible for historic emissions and the rest of the world, which has contributed less to global warming but suffers its worst consequences.

A central focus of COP28 will be a stocktake of the world's limited progress on curbing global warming, which requires an official response at these talks.

- Rule by consensus -

Rallying a common position on the matter will be difficult at COP where all nations -- whether dependent on oil, sinking beneath rising seas or locked in geopolitical rivalry -- must take decisions unanimously.

The UAE hopes to marshal an agreement on the tripling of renewable energy and doubling the annual rate of energy efficiency improvements by 2030.

Nations will navigate a range of thorny issues between November 30 and December 12, and experts say geopolitical tensions and building trust could be a huge challenge.

At the opening of the conference, delegates were asked to pause for a minute's silence for civilians killed in the Gaza conflict.

On the sidelines of COP, Israeli President Isaac Herzog will hold talks with diplomats on the release of hostages held by Hamas, his office said. He is also scheduled to speak on Friday within minutes of Mahmoud Abbas, leader of the Palestinian Authority.

Neither US President Joe Biden nor Chinese President Xi Jinping are attending, though Washington is sending Vice President Kamala Harris.

But the US and China, the world's two biggest polluters, did make a rare joint announcement on the climate this month that spurred optimism going into COP.

S.Weaver--TFWP