Fossil Fuel Phase-Out Plans Remain Elusive After Global Climate Agreement

FuelNuts & Bolts
Written By Jennifer Joslyn

The recent U.N. agreement among nearly 200 countries to transition away from fossil fuels is being celebrated as a significant step in addressing climate change. However, beneath this agreement lies the troubling reality that no fossil fuel company or country has a concrete plan to phase out fossil fuels. Most expect to continue extracting coal, oil, and gas well beyond what is necessary to meet climate goals, creating a substantial gap between their production plans and emissions reduction targets. This disconnect is driven by each nation's perception that it should be the last producer of fossil fuels, leading to a race for market share and a reluctance to transition to renewable energy sources. Oil and gas companies are also investing minimally in clean energy, raising questions about their commitment to addressing climate change.

Read more at The Washington Post >

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Jennifer Joslyn
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