COP28 shows weaning the world off fossil fuels is hard to do
The past two years have focused attention on the need for reliable and affordable energy. Incorporating this new energy realism made the work of climate change negotiators in Dubai that much harder.
As COP28 in Dubai comes to an end with no likely resolution to the arguments over phasing out fossil fuels, it’s another case of geopolitical and energy realities continuing to challenge the direction and pace of the energy transition and ultimately climate policy.
Despite no shortage of pledges to increase the use of zero-emission energy sources, especially renewables and nuclear, targeting hard-to-abate sectors, and funding promises to help developing countries deal with climate impacts, energy realities have overshadowed the climate negotiations.
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Patrick Gibbons is a former Tehran-based diplomat and partner at corporate advisory firm Orizontas.
