The Fort Worth Press - Saudis, Iraq stand firm as COP28 targets fossil fuels

USD -
AED 3.673006
AFN 67.999693
ALL 93.450264
AMD 390.139965
ANG 1.802599
AOA 912.999614
ARS 1006.490397
AUD 1.537516
AWG 1.8
AZN 1.699154
BAM 1.86664
BBD 2.019441
BDT 119.521076
BGN 1.862055
BHD 0.376893
BIF 2896
BMD 1
BND 1.347847
BOB 6.936935
BRL 5.811603
BSD 1.000224
BTN 84.324335
BWP 13.663891
BYN 3.273158
BYR 19600
BZD 2.016139
CAD 1.39795
CDF 2870.000122
CHF 0.88603
CLF 0.035378
CLP 976.202368
CNY 7.23975
CNH 7.246835
COP 4387.51
CRC 509.75171
CUC 1
CUP 26.5
CVE 105.449747
CZK 24.104965
DJF 177.720152
DKK 7.10561
DOP 60.397835
DZD 133.658839
EGP 49.615395
ERN 15
ETB 123.44984
EUR 0.952645
FJD 2.273303
FKP 0.789317
GBP 0.795456
GEL 2.730276
GGP 0.789317
GHS 15.701691
GIP 0.789317
GMD 71.000046
GNF 8629.999971
GTQ 7.723106
GYD 209.262927
HKD 7.782245
HNL 25.225021
HRK 7.133259
HTG 131.279438
HUF 390.08984
IDR 15872.05
ILS 3.64433
IMP 0.789317
INR 84.281401
IQD 1310.5
IRR 42087.500312
ISK 138.20008
JEP 0.789317
JMD 158.737885
JOD 0.709402
JPY 154.164018
KES 129.49797
KGS 86.789403
KHR 4049.999429
KMF 468.949735
KPW 899.999621
KRW 1399.597579
KWD 0.30773
KYD 0.83352
KZT 499.434511
LAK 21965.00014
LBP 89549.999888
LKR 291.048088
LRD 179.824976
LSL 18.039831
LTL 2.95274
LVL 0.60489
LYD 4.895017
MAD 10.033502
MDL 18.284378
MGA 4679.000115
MKD 58.600855
MMK 3247.960992
MNT 3397.999946
MOP 8.015558
MRU 39.914964
MUR 46.719808
MVR 15.449836
MWK 1736.000059
MXN 20.285455
MYR 4.45199
MZN 63.898008
NAD 18.039945
NGN 1683.130262
NIO 36.760254
NOK 11.08934
NPR 134.919279
NZD 1.710176
OMR 0.38499
PAB 1.000243
PEN 3.798006
PGK 3.970189
PHP 58.957501
PKR 277.949893
PLN 4.105516
PYG 7792.777961
QAR 3.640604
RON 4.742104
RSD 111.482021
RUB 103.999485
RWF 1371
SAR 3.755106
SBD 8.39059
SCR 13.593379
SDG 601.50529
SEK 10.981809
SGD 1.346025
SHP 0.789317
SLE 22.697023
SLL 20969.504736
SOS 571.505018
SRD 35.493972
STD 20697.981008
SVC 8.751963
SYP 2512.529858
SZL 18.040108
THB 34.619923
TJS 10.662244
TMT 3.51
TND 3.171499
TOP 2.342101
TRY 34.577555
TTD 6.793638
TWD 32.442996
TZS 2649.999996
UAH 41.507876
UGX 3705.983689
UYU 42.633606
UZS 12830.000083
VES 46.58447
VND 25420
VUV 118.722009
WST 2.791591
XAF 626.065503
XAG 0.032956
XAU 0.000381
XCD 2.70255
XDR 0.765057
XOF 624.311984
XPF 114.049622
YER 249.925029
ZAR 18.04253
ZMK 9001.199887
ZMW 27.580711
ZWL 321.999592
  • BTI

    -0.0500

    37.33

    -0.13%

  • BCC

    8.7200

    152.5

    +5.72%

  • CMSC

    0.0578

    24.73

    +0.23%

  • JRI

    0.1600

    13.37

    +1.2%

  • SCS

    0.4500

    13.72

    +3.28%

  • BCE

    0.2500

    27.02

    +0.93%

  • RIO

    0.6300

    62.98

    +1%

  • NGG

    0.1500

    63.26

    +0.24%

  • CMSD

    0.1200

    24.58

    +0.49%

  • GSK

    0.1900

    34.15

    +0.56%

  • RYCEF

    -0.0300

    6.77

    -0.44%

  • RBGPF

    0.8100

    61

    +1.33%

  • RELX

    -0.1800

    46.57

    -0.39%

  • BP

    -0.4000

    29.32

    -1.36%

  • AZN

    0.7700

    66.4

    +1.16%

  • VOD

    0.1800

    8.91

    +2.02%

Saudis, Iraq stand firm as COP28 targets fossil fuels
Saudis, Iraq stand firm as COP28 targets fossil fuels / Photo: © AFP

Saudis, Iraq stand firm as COP28 targets fossil fuels

Saudi Arabia and Iraq stood their ground at UN climate talks on Sunday as pressure mounted for nations to agree on a phase-out of fossil fuels at COP28 in Dubai.

Text size:

With less than 48 hours left before the conference's official end, COP28 president Sultan Al Jaber invited ministers to give their views in a "majlis" -- a traditional Gulf Arab meeting held in a circle.

While Jaber called the meeting in an effort to produce a compromise, warning that "failure is not an option", countries held firm in their positions.

The European Union and members of Pacific islands states threatened by rising seas reiterated their calls for a phase-out of fossil fuels.

Saudi Arabia, the world's top oil exporter, has voiced its opposition to any phase-out or phase-down of fossil fuels and OPEC has urged its members to block any such language at COP28.

A Saudi official told the COP28 majlis that Riyadh's "perspectives and concerns" must be taken into account.

"The politically backed points about targeting specific energy sectors, it's something that we have heard at many different discussions and many different settings, but in each and every time, science, common sense, principles prevailed," he added.

An Iraqi representative was more direct, saying his country was against any "mention (of) global sectorial targets" including a phase-out or phase-down of fossil fuels.

Scientists say the world must end its use of fossil fuels, which are responsible for the bulk of greenhouse gas emissions, if it is to limit warming to 1.5 degrees Celsius and avoid the most catastrophic climate scenarios.

A third draft of a deal, released on Friday, offers various ways to phase out fossil fuels but also includes the option to avoid the issue entirely.

- 'A marathon' -

Developing countries say they cannot be expected to move at the same pace as developed nations who owe their wealth to the burning of oil, gas and coal.

At the majlis, China's representative said climate action was a "marathon, not a sprint".

He said developed nations are ahead of the pack and should help developing countries by providing the funds needed for their energy transitions.

Bolivia denounced the "hypocrisy" of countries that press the developing world on climate change while expanding their own production of fossil fuels. He named the United States, Canada, Norway and Australia.

Standing in the middle of the circle, Jaber closed the meeting by urging countries to make the event be known as a "change-makers majlis".

"We are now in the endgame," he said. "To deliver the very balanced, ambitious outcome we need, we need you to act as the change-makers.

He added: "I hope that you won't let me down."

- 'Blockers at every stage' -

Alden Meyer, senior associate at E3G climate think-tank, said Saudi Arabia has been "blockers" at every COP for over 30 years.

Meyer said it is not "compromise language" in a deal that will sway the Saudis.

"It's going to be immense geopolitical pressure from the US, China, Europe and others saying, 'Don't be the last ones that blow up the success of this Conference of the Parties meeting,'" he said.

A strong final agreement also depends on wealthier nations pledging to provide financial help so that emerging nations can install more solar and wind technology and adapt to the impacts of climate change.

"This is why we need a package that combines energy transition and energy access," said Germany's climate envoy Jennifer Morgan.

- Pope prayers -

United Nations Secretary-General Antonio Guterres kept up the pressure, urging delegates to agree big cuts to emissions and calling on oil and gas companies to lead the energy transition.

"I urge fossil fuel companies to use their enormous resources to lead the renewables revolution," he told the Doha Forum in Qatar.

"And I urge global leaders at COP28 in Dubai to agree on deep cuts to emissions in line with 1.5 degrees."

At St. Peter's Square in the Vatican, Pope Francis, who missed COP28 following a bout of bronchitis, instructed his followers to pray for a good outcome in Dubai.

"I ask you to pray for us to have good results to safeguard our common home and protect populations," he said during his weekly public prayers.

C.Dean--TFWP