Latest COP28 Draft References “Reducing” Fossil Fuel Consumption and Production

As leaders and negotiators are racing to adopt a final declaration from the COP28 climate summit in Dubai, the fossil fuel debate is at the center again, with the latest draft circulated on Monday containing language about “reducing both consumption and production of fossil fuels,” but stopping short of any phase-out. The draft, which has not been approved yet, was put forward by the COP28 President, Sultan Al Jaber, who is also the chief executive of national oil company ADNOC. Al Jaber and the UAE presidency of the climate summit…