{"id":49655,"date":"2023-12-06T04:00:40","date_gmt":"2023-12-06T04:00:40","guid":{"rendered":"https:\/\/www.climatechangenews.com\/?p=49655"},"modified":"2023-12-05T17:10:28","modified_gmt":"2023-12-05T17:10:28","slug":"cop28-bulletin-fossil-fuel-phase-out-language-takes-shape","status":"publish","type":"post","link":"https:\/\/www.climatechangenews.com\/2023\/12\/06\/cop28-bulletin-fossil-fuel-phase-out-language-takes-shape\/","title":{"rendered":"Cop28 bulletin: Fossil fuel phase-out language takes shape"},"content":{"rendered":"

Negotiators are locked in feverish marathon talks to hammer out the final technical draft of the global stocktake. The\u00a0version<\/a>\u00a0published early Tuesday is a 24-page\u00a0sm\u00f6rg\u00e5sbord of wildly ranging alternatives.<\/strong><\/p>\n

Take the energy package. On the defining battle of Cop28 – the fossil fuels conundrum – the draft text lays out two\u00a0phase out options.<\/p>\n

The first simply calls for \u201can orderly and just phase out of fossil fuels\u201d,\u00a0reflecting the position of the \u201chigh ambition coalition\u201d (France, Kenya, Colombia and others).<\/p>\n

The second is\u00a0wordier. It has qualifiers\u00a0that give cover to coal, oil and gas: countries should be \u201caccelerating efforts\u201d towards a phase out of “unabated” fossil fuels and \u201crapidly reducing their use\u201d –\u00a0but crucially not their production. It’s also more specific about the goal: “net-zero CO2 in energy systems by or around mid-century.”<\/p>\n

On the technology side of the package, the text is setting up\u00a0a repeat of the\u00a0horse-trading already seen at the G20 this year. A paragraph calling for the tripling of renewable energy capacity by 2030 is followed by one pushing for the scale-up of the \u201clow-emission technologies\u201d preferred by fossil fuel industries, like carbon capture and storage and hydrogen. In Delhi last September the world\u2019s largest economies\u00a0landed<\/a>\u00a0on including both to make everyone happy.<\/p>\n

Every paragraph also comes with a\u00a0\u201cno text\u201d option. This could lead to some “take it or leave it” situations already seen last year in Sharm el-Sheik, observers said. Another iteration of the text is expected today.<\/p>\n

\n

Cinderella still waiting for fairy coach<\/h3>\n

Measures to adapt to climate change have often been called the Cinderella of climate change \u2013 ignored and underfed, sitting in rags by the stove while cutting emissions gets all the attention.<\/p>\n

And it’s not going to the ball at this Cop either, especially as loss and damage has come strutting in, to hoover up donor governments’ attention and pledges.<\/p>\n

The bad news started a few weeks ago when the OECD announced<\/a> adaptation finance fell 14% between 2020 and 2021.<\/p>\n

Then there\u2019s been the Adaptation Fund pledges<\/a> at Cop28. France and Germany\u2019s are no greater than they were at Cop27 and the\u00a0US, EU, UK\u00a0and Japan have yet to chip in.<\/p>\n

These don\u2019t seem the actions of governments committed to meeting their Cop26 pledge to double adaptation finance on 2019 levels by 2025.<\/p>\n

In global stocktake discussions, some countries want the standing committee on finance to draw up a \u201croadmap\u201d on how developed countries will meet that target.<\/p>\n

A source with knowledge of discussions said developed countries oppose it, as Cop26 only \u201curges\u201d<\/a> them to double so its not a commitment.<\/p>\n

A group of self-proclaimed \u201cadaptation champion\u201d countries have been looking to multilateral development banks for the funds. They hosted a talk<\/a> with the World Bank and Asian Development Bank yesterday.<\/p>\n

Another source of cash could be carbon markets. But in March, carbon credit sellers like Conservation International and buyers like the BBVA bank fought off<\/a> an attempt to place a mandatory levy on offsets to fund adaptation.<\/p>\n

2021\u2019s adaptation finance figures predate Cop26 and the doubling pledge. We could see better figures for 2022 and meet the goal by 2025.<\/p>\n

Even then, it\u2019s a drop in the water. Meeting the goal would be $40 billion a year<\/a>. The United Nations says adaptation needs will be more like<\/a> $140-300 billion a year by 2050.<\/p>\n

\"\"<\/p>\n

\n

Fossil lobbyist count is in<\/h3>\n

Figuring out who is and isn\u2019t a fossil fuel lobbyist at Cop28 is painstaking work: over four days a team of researchers, coders and data analysts individually cross-checked 84,000 delegates with public sources for evidence of their fossil fuel interests.<\/p>\n

Tears, tantrums, cold pizza slices, vats of coffees and 1.6 million data points were an integral part of the exercise, says\u00a0Global Witness\u2019 Patrick Galey<\/a>.<\/p>\n

The number he and others in the Kick Big Polluters Out coalition came up with was 2,456<\/strong>.<\/p>\n

This is the highest number of coal, oil and gas representatives ever recorded at a UN climate conference. If they were a country, they would form the third largest delegation in Dubai.<\/p>\n

\n

In brief<\/h3>\n

Aussies away…<\/strong> – Australia has promised to stop bankrolling fossil fuel projects overseas with public money. It joins the US, Canada, the UK and many EU states in the Clean Energy Transition Partnership first launched at Cop26. Australia will now have a year to translate words into actions. Most signatories have done so with the notable exception<\/a> of the US, Germany and Italy.<\/p>\n

…and home<\/strong> – It is unclear if and when Canberra will apply similar measures for fossil fuel subsidies at home. Direct spending and tax breaks for producers and users cost Australians an estimated<\/a> $11.1 billion last year.<\/p>\n

Keeping it cool<\/strong> – 60 countries\u00a0including the US, Canada and Kenya, have signed up<\/a> to\u00a0commitments to reduce the climate impact of the cooling sector. Signatories agreed to cut their cooling-related emissions by at least 68% from 2022 to 2050. India and China \u2013 two of the world\u2019s largest users of cooling devices \u2013 have not joined the coalition.<\/p>\n

Doorstepped<\/strong> – Total CEO Patrick Pouyanne was questioned<\/a> by a campaigner against Total\u2019s East Africa Crude Oil pipeline at Cop28 today. Zaki Mamdoo asked him if he would call on the Ugandan police to release seven student protesters. \u201cThat is what we are doing today,\u201d he said.<\/p>\n

BOGA grows<\/strong> – Kenya, Spain and Samoa have joined the Beyond Oil and Gas Alliance \u2013 a coalition of nations led by Denmark and Costa Rica which commit to stop producing oil and gas. None are significant oil and gas producers.<\/p>\n","protected":false},"excerpt":{"rendered":"Sign up<\/a>\u00a0to get our weekly newsletter straight to your inbox, plus breaking news, investigations and extra bulletins from key events","protected":false},"author":98,"featured_media":49656,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4951],"tags":[5108],"coauthors":[4974,4545],"class_list":["post-49655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cop28","tag-cop28-newsletter","type-newsletter"],"acf":[],"yoast_head":"\nCop28 bulletin: Fossil fuel phase-out language takes shape<\/title>\n<meta name=\"description\" content=\"Sign up\u00a0to get our weekly newsletter straight to your inbox, plus breaking news, investigations and extra bulletins from key events\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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