Cop28 draft agreement calls for fossil fuel cuts but avoids 'phase-out'

Text now being considered by governments calls for 'reducing both consumption and production of fossil fuels'Oil-exporting countries will be called upon to reduce their production drastically in the coming decades, if a draft agreement published at the Cop28 UN summit on Monday is accepted.The text avoids highly contentious calls for a "phase-out" or "phase-down" of fossil fuels, which have been the focus of deep disagreement among the more than 190 countries meeting in Dubai. Continue reading...