Column – English

A balanced consensus: Despite scepticism, UAE has delivered a balanced package on climate action at COP28

PUBLISHED IN:
Financial Express

Published on: December 14, 2023

Chandra Bhushan Chandra Bhushan

These countries have historically drawn a red line, refusing to recognize the necessity of phasing down oil and gas to address the climate crisis.

It was perhaps preordained that an agreement on reducing fossil fuel production and consumption should have happened at the COP28 climate negotiations in Dubai, presided over by the CEO of one of the world’s largest oil companies.

For three decades, the international community has avoided the direct mention of fossil fuels in climate agreements. The burning of coal, oil, and gas—the primary drivers of global warming—remained a spectre haunting negotiations, unacknowledged due to the staunch resistance from major oil and gas producers. These countries have historically drawn a red line, refusing to recognize the necessity of phasing down oil and gas to address the climate crisis.

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