Zürcher Nachrichten - COP28 fossil fuel debate sizzles as world marks record hot year

EUR -
AED 4.312666
AFN 77.504793
ALL 97.092648
AMD 448.399986
ANG 2.102088
AOA 1076.847291
ARS 1686.896325
AUD 1.761496
AWG 2.116703
AZN 2.000467
BAM 1.960349
BBD 2.364667
BDT 143.471704
BGN 1.956294
BHD 0.442706
BIF 3483.018266
BMD 1.174315
BND 1.518611
BOB 8.112757
BRL 6.348108
BSD 1.174014
BTN 105.972005
BWP 16.572315
BYN 3.444664
BYR 23016.573841
BZD 2.361259
CAD 1.61739
CDF 2624.594513
CHF 0.932922
CLF 0.027367
CLP 1073.617798
CNY 8.288374
CNH 8.27993
COP 4466.213493
CRC 584.651703
CUC 1.174315
CUP 31.119347
CVE 110.728071
CZK 24.211317
DJF 208.699796
DKK 7.468884
DOP 75.392864
DZD 152.301647
EGP 55.826109
ERN 17.614725
ETB 183.134804
FJD 2.667801
FKP 0.88041
GBP 0.87674
GEL 3.173602
GGP 0.88041
GHS 13.502195
GIP 0.88041
GMD 85.725448
GNF 10204.797655
GTQ 8.991789
GYD 245.587794
HKD 9.138461
HNL 30.826099
HRK 7.536637
HTG 153.755479
HUF 383.003453
IDR 19558.862063
ILS 3.769574
IMP 0.88041
INR 105.983513
IQD 1538.352639
IRR 49450.40402
ISK 148.200057
JEP 0.88041
JMD 188.098082
JOD 0.832583
JPY 182.674078
KES 151.370792
KGS 102.693345
KHR 4703.131575
KMF 493.212034
KPW 1056.917742
KRW 1728.063547
KWD 0.360068
KYD 0.978362
KZT 611.323367
LAK 25459.149534
LBP 105159.907704
LKR 363.069409
LRD 207.972124
LSL 19.928047
LTL 3.467447
LVL 0.710332
LYD 6.370632
MAD 10.774319
MDL 19.994226
MGA 5290.289272
MKD 61.555786
MMK 2465.964261
MNT 4164.959879
MOP 9.410056
MRU 46.702398
MUR 54.100312
MVR 18.095963
MWK 2039.784988
MXN 21.174541
MYR 4.817623
MZN 75.040766
NAD 19.928443
NGN 1705.868727
NIO 43.155975
NOK 11.816774
NPR 169.555008
NZD 2.020656
OMR 0.451528
PAB 1.174014
PEN 3.958027
PGK 4.9835
PHP 69.06135
PKR 329.034639
PLN 4.226001
PYG 8023.550282
QAR 4.27571
RON 5.09124
RSD 117.382167
RUB 94.223596
RWF 1705.105368
SAR 4.406801
SBD 9.665308
SCR 16.42028
SDG 706.366623
SEK 10.861298
SGD 1.516587
SHP 0.88104
SLE 28.299773
SLL 24624.796038
SOS 671.118193
SRD 45.313876
STD 24305.9494
STN 24.965937
SVC 10.273057
SYP 12984.228527
SZL 19.927722
THB 37.143739
TJS 10.824626
TMT 4.110102
TND 3.443678
TOP 2.827469
TRY 50.056797
TTD 7.967421
TWD 36.630291
TZS 2881.461287
UAH 49.557442
UGX 4174.651708
USD 1.174315
UYU 46.228059
UZS 14150.495768
VES 310.882121
VND 30916.777949
VUV 143.84552
WST 3.264711
XAF 657.477073
XAG 0.018579
XAU 0.000275
XCD 3.173645
XCG 2.115892
XDR 0.818434
XOF 658.199978
XPF 119.331742
YER 279.927339
ZAR 19.806934
ZMK 10570.241854
ZMW 26.915227
ZWL 378.128948
  • SCS

    0.0200

    16.14

    +0.12%

  • CMSD

    0.1200

    23.4

    +0.51%

  • AZN

    -1.2200

    90.29

    -1.35%

  • GSK

    0.4700

    48.88

    +0.96%

  • BCC

    -0.7500

    76.26

    -0.98%

  • BP

    -0.3500

    35.53

    -0.99%

  • RIO

    0.5000

    76.74

    +0.65%

  • BTI

    -0.3900

    58.37

    -0.67%

  • NGG

    0.0500

    74.69

    +0.07%

  • RBGPF

    3.1200

    81.17

    +3.84%

  • CMSC

    0.1300

    23.43

    +0.55%

  • BCE

    0.2100

    23.4

    +0.9%

  • JRI

    0.0000

    13.72

    0%

  • RELX

    0.2000

    40.28

    +0.5%

  • VOD

    -0.0200

    12.54

    -0.16%

  • RYCEF

    0.2300

    14.85

    +1.55%

COP28 fossil fuel debate sizzles as world marks record hot year
COP28 fossil fuel debate sizzles as world marks record hot year / Photo: Karim SAHIB - AFP

COP28 fossil fuel debate sizzles as world marks record hot year

With 2023 confirmed to be the hottest year on record by Europe's climate monitor, the temperature was also rising on Wednesday for negotiators thrashing out the thorny issue of fossil fuels at COP28 in Dubai.

Text size:

Pressure for progress is mounting as the UN climate talks near the end of their first week, with the latest draft of a global climate agreement "probably" expected Wednesday before it is finalised, in theory, on December 12, said one observer.

The fate of oil, gas and coal -- the main drivers of human-caused planet heating -- has been the biggest sticking point on the agenda, and divisions around their future have dominated the conference.

The situation is "very dynamic", one negotiator said on Tuesday evening, as representatives of nearly 200 countries haggle over the text that responds to a damning stocktake of progress on limiting warming.

Battle lines have previously been drawn on whether to agree to "phase out" or "phase down" fossil fuels.

A new phrase committing to an "orderly and just" phase-out of fossil fuels could signal a consensus candidate, giving countries different timelines to cut emissions depending on their level of development and reliance on hydrocarbons.

But there is another option: no mention at all of fossil fuels, which reflects opposition from nations including Saudi Arabia and China, according to several observers who attended the closed meetings.

India on Tuesday evening also opposed naming specific sectors or energy sources, one observer said.

- All aboard the climate 'train' -

The Paris Agreement that emerged from COP21 in 2015 was a "great success for all of us," Saudi Arabia's chief climate negotiator Khalid Almehaid told the Atlantic Council's Global Energy Forum on Tuesday.

"The challenge that we have today is how can we keep that train with all of its passengers," he added, alluding to the kingdom's objection to phasing down fossil fuels.

As it stands, the draft agreement includes options to phase out fossil fuels or not address the issue at all, setting the stage for tough negotiations due to end next week.

Climate experts, however, have warned that global warming could breach the 1.5 degrees Celsius Paris deal limit within seven years if emissions are not slashed.

The new draft of the negotiated text expected on Wednesday must be brought to a large plenary meeting taking stock of the first week of talks ahead of a rest day on Thursday.

Meanwhile, 2023 has seen a series of devastating extreme weather events linked to climate change, even as the world's carbon emissions continue to rise.

Europe's climate monitor on Wednesday said this year will be the hottest in recorded history after November became the sixth record-breaking month in a row.

- 'Temperature will keep rising' -

Last month smashed the previous November heat record, pushing 2023's global average temperature to 1.46 degrees Celsius warmer than pre-industrial levels, the EU's Copernicus Climate Change Service said.

There had been previous warnings this year could take the title of hottest year from 2016 -- particularly after records toppled in September and October -- but this marks the first time it has been confirmed.

November also contained two days that were 2C warmer than pre-industrial levels. Not one such day had ever before been recorded.

Samantha Burgess, deputy head of the Copernicus service, said that 2023 has "now had six record-breaking months and two record-breaking seasons".

"The extraordinary global November temperatures, including two days warmer than 2C above pre-industrial (levels), mean that 2023 is the warmest year in recorded history," she said.

"The temperature will keep rising and so will the impacts of heatwaves and droughts."

B.Brunner--NZN