The Japan Times - UN climate summit to run overtime as fury mounts on fossil fuels

EUR -
AED 4.255061
AFN 72.437749
ALL 95.956849
AMD 435.731102
ANG 2.07404
AOA 1062.461825
ARS 1618.786656
AUD 1.662133
AWG 2.08553
AZN 1.970545
BAM 1.955931
BBD 2.327766
BDT 141.80951
BGN 1.980453
BHD 0.437424
BIF 3427.94468
BMD 1.158628
BND 1.478706
BOB 7.98657
BRL 6.063064
BSD 1.155782
BTN 108.01971
BWP 15.793127
BYN 3.441446
BYR 22709.102929
BZD 2.324466
CAD 1.593438
CDF 2633.560581
CHF 0.913196
CLF 0.026707
CLP 1054.548206
CNY 7.971937
CNH 7.985639
COP 4301.83403
CRC 539.038475
CUC 1.158628
CUP 30.703634
CVE 110.272871
CZK 24.468128
DJF 205.814691
DKK 7.471365
DOP 68.584895
DZD 153.320865
EGP 60.593618
ERN 17.379416
ETB 180.456481
FJD 2.57534
FKP 0.865553
GBP 0.863867
GEL 3.145661
GGP 0.865553
GHS 12.643902
GIP 0.865553
GMD 84.579549
GNF 10130.72311
GTQ 8.852632
GYD 241.797259
HKD 9.078056
HNL 30.591184
HRK 7.526678
HTG 151.380805
HUF 388.586376
IDR 19578.490882
ILS 3.611501
IMP 0.865553
INR 108.757196
IQD 1514.101539
IRR 1523653.357824
ISK 143.60027
JEP 0.865553
JMD 182.042994
JOD 0.821447
JPY 183.741555
KES 150.157288
KGS 101.321721
KHR 4631.330575
KMF 492.416852
KPW 1042.731501
KRW 1732.26501
KWD 0.355027
KYD 0.96316
KZT 557.059279
LAK 24842.773226
LBP 103502.98783
LKR 362.935906
LRD 211.505097
LSL 19.597599
LTL 3.421126
LVL 0.700842
LYD 7.398528
MAD 10.802871
MDL 20.214443
MGA 4810.343352
MKD 61.647804
MMK 2432.688258
MNT 4135.109099
MOP 9.325025
MRU 46.137293
MUR 53.877257
MVR 17.900528
MWK 2003.743023
MXN 20.667056
MYR 4.574842
MZN 74.048192
NAD 19.595823
NGN 1586.798282
NIO 42.533036
NOK 11.339952
NPR 172.831336
NZD 1.986317
OMR 0.445484
PAB 1.155782
PEN 4.02067
PGK 4.990356
PHP 69.461469
PKR 322.629729
PLN 4.261892
PYG 7552.539085
QAR 4.226402
RON 5.095063
RSD 117.386409
RUB 94.912791
RWF 1689.720609
SAR 4.349969
SBD 9.328943
SCR 16.834338
SDG 696.334962
SEK 10.854279
SGD 1.481311
SHP 0.869271
SLE 28.444146
SLL 24295.856107
SOS 660.547148
SRD 43.2591
STD 23981.254139
STN 24.501749
SVC 10.112635
SYP 128.581659
SZL 19.590398
THB 37.827456
TJS 11.043288
TMT 4.055197
TND 3.406043
TOP 2.789697
TRY 51.379574
TTD 7.845849
TWD 37.028347
TZS 3000.845232
UAH 50.747122
UGX 4363.311444
USD 1.158628
UYU 47.093361
UZS 14090.944974
VES 528.918591
VND 30528.681279
VUV 138.407611
WST 3.184922
XAF 656.003824
XAG 0.017067
XAU 0.000266
XCD 3.13125
XCG 2.082931
XDR 0.815858
XOF 656.003824
XPF 119.331742
YER 276.506125
ZAR 19.600916
ZMK 10429.037131
ZMW 22.392598
ZWL 373.077647
  • RBGPF

    -13.5000

    69

    -19.57%

  • RYCEF

    0.6300

    15.97

    +3.94%

  • CMSC

    0.2300

    22.88

    +1.01%

  • BCC

    3.5800

    71.88

    +4.98%

  • JRI

    -0.0900

    11.68

    -0.77%

  • GSK

    0.1500

    51.99

    +0.29%

  • NGG

    0.0700

    82.06

    +0.09%

  • BCE

    -0.0300

    25.76

    -0.12%

  • RIO

    2.6900

    85.84

    +3.13%

  • CMSD

    0.0816

    22.74

    +0.36%

  • VOD

    0.1500

    14.48

    +1.04%

  • RELX

    0.4500

    33.81

    +1.33%

  • BP

    -1.2100

    43.57

    -2.78%

  • BTI

    0.5500

    57.92

    +0.95%

  • AZN

    0.4700

    184.07

    +0.26%

UN climate summit to run overtime as fury mounts on fossil fuels
UN climate summit to run overtime as fury mounts on fossil fuels / Photo: - - AFP

UN climate summit to run overtime as fury mounts on fossil fuels

UN climate talks in Dubai were set Tuesday to run past a host-imposed deadline for a deal as at-risk nations voiced fury over a proposed compromise that stops short of phasing out fossil fuels.

Text size:

The Emirati president of the COP28 summit has repeatedly pressed the nearly 200 nations to reach an ambitious deal by the official end of talks at 11 am (0700 GMT), in an effort to force decisions.

But after another late night of haggling, there was no sign that the talks were anywhere near completion, with negotiators waiting for a fresh text after wide criticism of a draft released Monday.

"We have time and we are prepared to stay a little longer," German Foreign Minister Annalena Baerbock said.

The team from the Marshall Islands -- which lies on average 2.1 metres (seven feet) above sea level and is threatened with submersion as ice melts -- vowed to stay until the end.

The Pacific archipelago's negotiator, John Silk, said that his country "did not come here to sign our death warrant".

Campaigners had hoped the COP28 summit -- set in a glitzy metropolis built on petrodollars -- would take the historic step of calling for the first time for a global phase-out of fossil fuels, which account for three-quarters of greenhouse gas emissions blamed for the planetary crisis.

But climate decisions must be made by consensus and Saudi Arabia, the world's largest oil exporter, has led opposition to the threat to its financial lifeblood.

The draft put forward by COP28 president Sultan Al Jaber -- himself head of the UAE's national oil company -- only lists a series of options including reductions in fossil fuel production and consumption.

- 'Broken beyond repair' -

Clive Hamilton, a professor at Australia's Charles Sturt University and veteran watcher of climate negotiations, said the "extraordinarily weak draft" showed the influence of the fossil fuel lobby, which showed up at COP28 in record numbers.

"If anything like the current text is adopted, it will show the COP process to be broken beyond repair," he said.

Scientists say the planet has already warmed by 1.2 degrees Celsius (2.2 Fahrenheit) from pre-industrial times and that 2023 -- marked by lethal disasters including wildfires across the world -- has likely been the warmest in 100,000 years.

The 2015 Paris summit endorsed an ambition of checking warming at 1.5 Celsius -- a goal endorsed in the latest draft, but which critics say is virtually impossible without serious efforts to curb oil, gas and coal.

"I don't think anybody here wants to be associated with the failure to live up to this responsibility. Not a lot of people in public life are asked to make life and death choices historically," said US climate envoy John Kerry, who helped negotiate the Paris accord.

"This is a war for survival," he said in a closed-door session which ended at around 2:30 am.

Kerry has supported calls to phase out fossil fuels, even though the United States remains the world's largest oil producer and much of the rival Republican Party adamantly opposes action on climate.

- Revisions expected -

Former US vice president Al Gore, who won the Nobel Peace Prize for his climate advocacy, said that the "obsequious" draft looked as if it had been written by the OPEC oil cartel.

"In order to prevent COP28 from being the most embarrassing and dismal failure in 28 years of international climate negotiations, the final text must include clear language on phasing out fossil fuels," Gore wrote on X, formerly known as Twitter.

Jaber acknowledged Monday there was work to do, and a person familiar with the COP28 presidency's thinking called Monday's text "an opening gambit" that could be built upon.

 

"This is not a menu in a restaurant. We have to do all of these things," Canada's Steven Guilbeault, part of a group of ministers tasked by Jaber to shepherd negotiations, told AFP.

The latest draft deal also includes calls to accelerate zero- and low-emission technologies -- including renewables and nuclear power -- in language similar to a joint statement reached last month by the United States and China, the world's two biggest emitters.

K.Abe--JT