Text now being considered by governments calls for ‘reducing both consumption and production of fossil fuels’
Oil-exporting countries will be called upon to reduce their production drastically in the coming decades, if a draft agreement published at the Cop28 UN summit on Monday is accepted.
The text avoids highly contentious calls for a “phase-out” or “phase-down” of fossil fuels, which have been the focus of deep disagreement among the more than 190 countries meeting in Dubai.
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