Future of Fossil Fuels at Stake in Homestretch of Climate Talks.

The United Nations climate conference, known as COP28, is reaching its final stages, with fossil-fuel producers and countries advocating for a phaseout of coal, oil, and natural gas facing off against big oil producers, led by Saudi Arabia, and Western oil-and-gas companies. Some countries are calling for a phaseout of fossil-fuel burning in power plants and facilities lacking carbon capture and storage technology, while others want no mention of reducing fossil-fuel burning in the conference's conclusions. A deal targeting fossil fuels would signal a commitment to cutting fossil-fuel consumption, but implementing such a deal would be a complex and politically challenging process. [Extracted from the article]

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