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Fossil fuel phase-out good for Australia, Bowen says

Dubai | Phasing out oil, gas and coal will benefit Australia as the country reinvents itself as a renewable-energy superpower, Climate Change and Energy Minister Chris Bowen said on Monday.

The 198 countries at the COP28 climate conference in Dubai have reached what could be the final 24 hours of an increasingly tense arm-wrestle over whether to agree to a global fossil fuel phase-out. Mr Bowen told reporters that a strongly worded decision was in Australia’s interests.

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Hans van Leeuwen is The Australian Financial Review’s former Europe correspondent. He is now International Economy editor for The Telegraph UK.

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    Original URL: https://www.afr.com/policy/energy-and-climate/bowen-urges-fossil-fuels-phase-out-as-cop28-talks-struggle-20231211-p5eqg3