Nations strike deal at Cop28 to transition away from fossil fuels

Credit: IndiaTimes- Published on December 13, 2023
Representatives from nearly 200 countries agreed at the Cop28 climate summit in Dubai to begin reducing global consumption of fossil fuels, signaling the eventual end of the oil age. The deal aims to send a powerful signal to investors and policymakers about the world's commitment to breaking with fossil fuels. The agreement...

Video credit: ODN
Published on December 13, 2023 -  02:29
COP28 is over. But not everyone is happy with the new climate agreement.
There was a standing ovation after COP28 President Sultan al-Jaber announced a new climate agreement had been reached. More than 100 countries supported the idea of “phasing out” fossil fuels. But this proved too much to swallow for oil-rich nations, and instead, they agreed to “transition away” from the polluting fuels. Other headline agreements were to achieve net-zero emissions by 2050, to triple renewable energy capacity by 2030, and to focus on moving away from coal, the most polluting fossil fuel. But not everyone was happy with the deal. Representatives of low-lying island nations, who face devastation as a result of rising water levels, slammed the agreement for being too little too late. Report by Gracex. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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