COP28 Stocktake Reveals Abandonment of Fossil Fuel ‘Phase out’; Emphasizes Renewable Energy, CCS for Substitution Efforts; Sets Loose 2050 Timeline without Methane Target

By | December 11, 2023

Title: COP28 Stocktake Reveals Loosened Commitment to Fossil Fuel Phase Out

Introduction (50 words):
The latest stocktake of the 28th Conference of Parties (COP28) has stirred controversy as it reflects a significant shift in the commitment to phase out fossil fuels. The text, shared by climate analyst Simon Evans on Twitter, indicates a loosening of language and a lack of specific targets regarding the transition to renewable energy sources.

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Body:

The stocktake, which assesses the progress made by participating nations towards achieving the goals set forth in the Paris Agreement, has faced criticism from environmentalists and climate activists. The removal of the phrase “fossil fuel phase out” has raised concerns about the commitment of countries to combat climate change effectively.

The revised text highlights a broader energy package that includes various actions that may increase efforts towards substituting unabated fossil fuels. It references renewable energy sources and carbon capture and storage (CCS) as potential alternatives. However, the absence of clear targets and a loose timeline for achieving these transitions has drawn criticism from experts.

Environmentalists argue that without a firm commitment to phasing out fossil fuels, there is a risk of undermining global efforts to combat climate change. Fossil fuels, including coal, oil, and natural gas, are major contributors to greenhouse gas emissions, which are responsible for global warming and climate-related disasters.

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In response to the stocktake, several climate activists have expressed disappointment and called for stronger language and more ambitious targets. They believe that without a clear roadmap for transitioning to renewable energy, the world may continue to be heavily reliant on fossil fuels, exacerbating the climate crisis.

Additionally, the absence of a specific methane target has raised concerns. Methane is a potent greenhouse gas, and reducing its emissions is crucial for mitigating climate change. The lack of a dedicated objective to address methane emissions has left some experts questioning the effectiveness of the COP28 negotiations.

The stocktake’s loose 2050 timeline has also been met with criticism. Many experts argue that a more urgent and ambitious timeline is necessary to limit global warming to 1.5 degrees Celsius, as outlined in the Paris Agreement. Delaying the transition to renewable energy sources could have severe consequences for the planet’s climate system and ecosystems.

Conclusion (50 words):
The COP28 stocktake’s revised text, which eliminates the phrase “fossil fuel phase out,” has raised concerns among environmentalists and climate activists. The lack of specific targets, a loose timeline, and the absence of a methane target have fueled criticisms, as they may hinder global efforts to combat climate change effectively..

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Source

@DrSimEvans said BREAKING new #COP28 stocktake text Fossil fuel "phase out" is GONE Whole energy package is loose "actions that cld inc" refs renewables, CCS for "efforts twds substitution of unabated fossil fuels" loose 2050 timeline no methane target unfccc.int/sites/default/…

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