Energy Gang
Will COP28 deliver a pledge to phase out fossil fuels?
Dec 5, 2023
Discussions at COP28 focus on the proposal of phasing out fossil fuels. The debate is around low-emissions v high-emissions. Will CCUS enable continued use of fossil fuels? Maria Mendiluce argues for a complete phase-out. Kelly Sims Gallagher expects COP28 to address the future of fossil fuels. The podcast explores the significance of the US-China joint announcement and the potential for improved relations. Balancing ambition and phasing out fossil fuel emissions is discussed, along with the challenges of carbon capture projects. Wind and solar energy are highlighted as low-cost options. The chapter also emphasizes the challenges faced by developing countries in implementing climate policies. The podcast discusses the challenge of phasing out fossil fuels and transitioning to cleaner energy sources. The progress made by clean energy is acknowledged, drawing parallels to the rapid adoption of smartphones.
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Quick takeaways
- Phasing out fossil fuels is crucial to limit global warming to 1.5 degrees Celsius.
- The debate at COP28 is whether to focus on high emissions versus low emissions energy, with a potential role for fossil fuels through carbon capture.
Deep dives
The Need to Phase Out Fossil Fuels
The big issue at COP28 is whether governments will commit to phasing out the use of fossil fuels. Advocates argue that fossil fuels are responsible for the majority of human-induced global warming and must be stopped. However, some believe the focus should be on high emissions versus low emissions energy, with a role for fossil fuels in the long term through carbon capture. The We Mean Business Coalition is urging world leaders to set goals for phasing out fossil fuels to limit global warming to 1.5 degrees Celsius.
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