Phase Down, Not Phase Out: COP28 Deal on Fossil Fuels Disappoints
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As the United Nations climate summit ends with nations pledging to transition away from fossil fuels instead of explicitly calling for a fossil fuel phaseout, we go to the COP28 site in Dubai for a debrief with Asad Rehman, spokesperson for the Climate Justice Coalition. He says the deal overseen by COP28 president and head of the Abu Dhabi National Oil Company Sultan Al Jaber is a “very weak text” with “lots of loopholes” that allows rich countries to avoid responsibility. “If you’re an oil and gas baron and CEO, you must be rubbing your hands with glee,” says Rehman. “This requires everybody to take action, but developing countries can only act if they’re given the support.”
Transcript:
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