The COP28 entered its second and final week on Friday, with the phasing out of fossil fuels becoming one of the most divisive issues that need to be agreed upon for what will be the first Global Stocktake (GST) document.
The draft released on Friday gave new options for a phase-out of fossil fuels, with four of the five choices including some ways in which one of the leading causes of carbon emissions is abandoned.
“It is still a long way to go because there are lot of options. Everything is on the table. There are some problematic options including the no text option,” one of the observers said, asking not to be named.
Fossil fuels is one of the sharpest lines dividing the negotiations. Developed countries, including the European Union (EU) and the United States are pushing for a phaseout of unabated fossil fuels and a commitment that no new coal projects are initiated.
Developing countries have called such an approach highly inequitable since the cheaper coal power was critical for poorer nations, especially in the absence of adequate climate finance to transition away from fossil fuels.
India’s chief negotiator Naresh Pal Gangwar intervened during the plenary and said: “India is second to none in the desire for an ambitious outcome but that should be founded on equity and feasibility in a nationally determined manner.”
“During the first week, we have shared frankly in what we believe in. This is important to achieve the objectives of the Convention and goals of its Paris Agreement. We believe in the principles of the Convention and its Paris Agreement and sanctity of processes under them,” Gangwar added.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Palestinian PM Resigns Citing 'New Reality' Of War In Gaza
The United States and other powers have called for a reformed Palestinian Authority to take charge of all Palestinian territories after the end of war
Future Perfect: The Kids Are All Right
Gill and Jurel hold out promise by simplifying a challenging chase to help India seal series
Akshay feels 'blessed' to have worked with OG Ramayan cast
Director Akshay K Agarwal shot a music video, Humare Ram Aaye Hai, with the cast of the 1987 TV show, Ramayanactors Arun Govil, Dipika Chikhlia and Sunil Lahri - in Ayodhya recently.
Musk's firm gets nod for Sat Net; joins Jio, Bharti
Starlink, owned by billionaire Elon Musk, has been allowed to offer satellite broadband services in India, two officials aware of the development said.
A temple, 169 years in the making
Through decades of design and reworks, hurdles in engineering and construction, HT pieces together how the grandeur of the Ram Temple was reclaimed
'Political interference' forces Vihari to quit Andhra cricket
After Andhra bowed out of the Ranji Trophy at the quarter-final stage with a four-run defeat to Madhya Pradesh in Indore on Monday, senior batter Hanuma Vihari launched a scathing attack on the Andhra Cricket Association (ACA), saying he will never turn up for the state again.
Shafali, Kapp lead Capitals to a 9-wicket win over Warriorz
A blazing fifty by Shafali Verma (64₹, 43 balls) helped Delhi Capitals make a mockery of a target of 120 and open their account in the second edition of the Women's Premier League (WPL).
Making 'unbelievable things believable', the Ayhika way
The India No. 7 was an inspired pick for the world team event and she repaid the faith, beating the Chinese world No.1
'Connected TVs to reach 45 mn by 2024-end in India'
With improvement in broadband penetration, Indian households are increasingly opting for connected or addressable TVs.
India chip strategy makes progress as $21 billion in proposals received
The Indian government, after years of watching from the sidelines of the chips race, now has to evaluate $21 billion of semiconductor proposals and divvy up taxpayer support between foreign chipmakers, local champions or some combination of the two.
