OPEC Calls for Unified Rejection of COP28 Agreements Targeting Fossil Fuels
Posted 11/12/2023 11:39
In a recent development at the COP28 climate talks in Dubai, the Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has urged member countries to unite in rejecting any agreements that specifically target fossil fuels rather than emissions. This plea was communicated through a letter dated December 6, emphasizing the need to proactively oppose any text or formula singling out energy sources, particularly fossil fuels.
The ongoing negotiations, set to conclude early next week, have exposed a clear divide among delegations regarding the commitment to phasing out fossil fuels. Al Ghais expressed concern about the potential endorsement of such an approach, stating that the undue pressure against fossil fuels might have irreversible consequences. He highlighted the draft decision's inclusion of options for the phase-out of fossil fuels, describing it as unacceptable for politically motivated campaigns to jeopardize the prosperity and future of member countries.
In a subsequent statement to Bloomberg, Al Ghais clarified OPEC's position, emphasizing their continued advocacy for emissions reduction rather than the selection of specific energy sources. He stressed the necessity for major investments in all forms of energy, including hydrocarbons, and the importance of just, fair, and inclusive energy transitions.
Saudi Arabia, a key member and de facto leader of OPEC, echoed these sentiments, with Energy Minister Prince Abdulaziz bin Salman stating that the kingdom would not accept any text calling for the phase-down of fossil fuels. Other members, including the United Arab Emirates (UAE), Iraq, and Nigeria, are also grappling with the contentious issue.
The disagreement centers on the language used in the COP28 text, with the most recent draft, published on December 6, offering a range of options, from a "phase-out of fossil fuels in line with the best available science" to phasing out "unabated fossil fuels" or providing no language on the matter at all. OPEC's letter explicitly urged rejection of any formula targeting fossil fuels rather than emissions.
As countries focus on finalizing language around fossil fuels in the coming days, OPEC emphasizes its commitment to advising member countries on reducing emissions. The organization contends that the world needs significant investments in all energy forms and technologies, with an understanding of the diverse energy needs of different populations.
While climate activists welcome options in the draft agreement addressing the phaseout of fossil fuels, concerns persist about language promoting speculative carbon capture and removal technologies. The ongoing negotiations hold significant implications for global climate action, with OPEC urging a balanced approach that considers both emissions reduction and the diverse energy needs of nations.