CO2 QUOTE Closing from Cierre del 06-09-2024 65,77 €/T

EU prepares to push for ‘global phase-out’ of fossil fuels at COP28, says draft

The proposal to phase out CO₂-emitting fossil fuels presented at COP27 won the backing of more than 80 countries, but oil- and gas-rich nations opposed it.

European Union countries are preparing to push for a global agreement on phasing out fossil fuels at the COP28 climate summit, according to a draft EU negotiating position.

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