Oil Producers Back Climate Deal Despite Fossil Fuel Language At the United Nations climate conference, the final statement included elements that pleased oil and gas producers.
At COP28, an Oil Man Got a Deal on Quitting Oil Sultan Al Jaber, the energy executive in charge of U.N. climate talks, led delegates to a result that had eluded 27 earlier global warming meetings.
What’s Missing from the COP28 Climate Deal The agreement calls for phasing out fossil fuels. But it also lets oil producers keep drilling and gives few specifics on how to fund a shift to greener energy.