homeenvironment NewsCOP28: Countries sharply divided over fossil fuels phaseout as talks reach last leg

COP28: Countries sharply divided over fossil fuels phaseout as talks reach last leg

Eighty countries, including US, European Union and other island nations, have been pushing for an agreement aiming to phase out fossil fuels. OPEC and OPEC+ members have been against such a phaseout being pushed into any COP28 deal.

By CNBCTV18.com Dec 11, 2023 7:50:23 PM IST (Updated)

3 Min Read

As the COP28 climate talks move towards the conclusion, UN Climate Chief Simon Stiell has requested countries to come to a consensus to reach a final deal for the UN climate summit. The countries are at loggerheads on whether to phase out fossil fuels or not.

A group of over 80 nations, including the United States, the European Union and small island nations out of around 200 countries, are exerting for an agreement aiming to phase out fossil fuels.

These countries are facing opposition from the de facto leader of the OPEC oil producers’ group, Saudi Arabia, which is among the major opposers to the fossil fuels phaseout.