"European Union countries have agreed to push for the global phaseout of fossil
fuels at COP28.
It is part of the bloc’s promise to support and accelerate the energy
transition ahead of the climate summit in Dubai this November.
Faced with climate change, biodiversity loss, pollution and the fallout of
Russia’s attack on Ukraine, the EU says that our dependence on fossil fuels
leaves us vulnerable.
Market volatility and geopolitical risk as well as the environmental and
climate impacts of emissions-spewing fossil fuels are all grave concerns.
“The shift towards a climate neutral economy will require the global phase-out
of unabated fossil fuels,” the Council stated in a text released on Thursday.
Fossil fuel use should peak in the near future if we are to reach net zero, it
adds, while acknowledging a transitional role for natural gas.
“The EU will systematically promote and call for a global move towards energy
systems free of unabated fossil fuels well ahead of 2050.”"
Via Future Crunch
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics