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COP28 draft deal fails to include fossil fuel ‘phaseout’

The hosts of the COP28 summit in Dubai presented a draft deal on Monday that stopped short of calling for the complete “phaseout” of carbon-emitting fossil fuels — the main drivers of climate change — that many countries have been demanding.

The draft deal proposed options that would reduce the production and consumption of coal, oil and natural gas.

At the same time, the writers of the draft put forward by the United Arab Emirates, which holds the COP28 presidency, had removed any mention of a “phaseout” that had been included in a previous draft.

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