• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
New COP28 Draft Agreement Drops Phaseout Of Fossil Fuels

New COP28 Draft Agreement Drops Phaseout Of Fossil Fuels

3 years ago
Libya: Central Bank Chief Quits Amid Deepening Power Struggle

Libya: Central Bank Chief Quits Amid Deepening Power Struggle

25 minutes ago
AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

AfDB’s Report Says Nigeria, Ghana Spend More On External Debt Interest Than Public Health

7 hours ago
Missing NAF Aircraft: CAS Relocates To Maiduguri

Nigeria: Air Force Kills Nine Terrorists In Latest Strikes

7 hours ago
Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

16 hours ago
UK Radio In Trouble After Falsely Announcing King Charles’ Death

UK Radio In Trouble After Falsely Announcing King Charles’ Death

21 hours ago
Tuesday, August 11, 2026
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

    Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Zambia Votes Thursday In Election Expected To Hand Hichilema Fresh Term

    Cameroon: Opposition Kicks As 92-Year-Old Biya Says He’ll Seek 8th Presidential Term

    Cameroon: What To Know About Biya’s Latest Military Shake-Up

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: President Biya Reshuffles Army As Prolonged Absence Stokes Tension

    Ghana To Receive West Africans Deported From US

    Ghana Considers 5-Year Presidential Tenure

    Netanyahu Meets With Trump First Time Since Outbreak Of Iran War

    Netanyahu Meets With Trump First Time Since Outbreak Of Iran War

    Six Candidates Gunning For UN Top Job Present Manifesto

    Six Candidates Gunning For UN Top Job Present Manifesto

    Cameroon Catholic Bishops Urge President Biya To Step Down Ahead Of 2025 Election

    45 Days Off Duty: Biya’s Prolonged Absence Sparks Succession Fears In Cameroon

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Ruling Party Meets Over President Biya’s Prolonged Absence

  • Economy
    AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

    AfDB’s Report Says Nigeria, Ghana Spend More On External Debt Interest Than Public Health

    Xenophobia: South African Factories Face Labour Crisis After Exodus Of Migrant Workers

    Xenophobia: South African Factories Face Labour Crisis After Exodus Of Migrant Workers

    Afreximbank

    Afreximbank Is Pushing Special Economic Zones As Catalyst For Africa’s Industrialization, Export Growth

    ICYMI: Here’s Why Guinea Is Opting Out Of ECOWAS Single Currency

    ICYMI: Here’s Why Guinea Is Opting Out Of ECOWAS Single Currency

    Nigerian Govt To Publish Spending Details Of Fuel Subsidy Savings Soon — Finance Minister

    Nigerian Govt To Publish Spending Details Of Fuel Subsidy Savings Soon — Finance Minister

    Okonjo-Iweala To Tinubu: Borrow Carefully, Make Reforms Deliver Jobs For Nigerians

    Okonjo-Iweala To Tinubu: Borrow Carefully, Make Reforms Deliver Jobs For Nigerians

    Nigeria Ranks Fourth In Africa’s Dollar Millionaire List

    Nigeria Ranks Fourth In Africa’s Dollar Millionaire List

    Nigeria: HCSF Pushes Data-Driven Reforms

    Nigeria: HCSF Pushes Data-Driven Reforms

    ECOWAS Says 2027 Date For Launch Of Single Currency Sacrosanct

    ECOWAS Says 2027 Date For Launch Of Single Currency Sacrosanct

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

    Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

    Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

    Zambia Votes Thursday In Election Expected To Hand Hichilema Fresh Term

    Cameroon: Opposition Kicks As 92-Year-Old Biya Says He’ll Seek 8th Presidential Term

    Cameroon: What To Know About Biya’s Latest Military Shake-Up

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: President Biya Reshuffles Army As Prolonged Absence Stokes Tension

    Ghana To Receive West Africans Deported From US

    Ghana Considers 5-Year Presidential Tenure

    Netanyahu Meets With Trump First Time Since Outbreak Of Iran War

    Netanyahu Meets With Trump First Time Since Outbreak Of Iran War

    Six Candidates Gunning For UN Top Job Present Manifesto

    Six Candidates Gunning For UN Top Job Present Manifesto

    Cameroon Catholic Bishops Urge President Biya To Step Down Ahead Of 2025 Election

    45 Days Off Duty: Biya’s Prolonged Absence Sparks Succession Fears In Cameroon

    Cameroon: President Biya Returns Home After 42 Days Absence

    Cameroon: Ruling Party Meets Over President Biya’s Prolonged Absence

  • Economy
    AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

    AfDB’s Report Says Nigeria, Ghana Spend More On External Debt Interest Than Public Health

    Xenophobia: South African Factories Face Labour Crisis After Exodus Of Migrant Workers

    Xenophobia: South African Factories Face Labour Crisis After Exodus Of Migrant Workers

    Afreximbank

    Afreximbank Is Pushing Special Economic Zones As Catalyst For Africa’s Industrialization, Export Growth

    ICYMI: Here’s Why Guinea Is Opting Out Of ECOWAS Single Currency

    ICYMI: Here’s Why Guinea Is Opting Out Of ECOWAS Single Currency

    Nigerian Govt To Publish Spending Details Of Fuel Subsidy Savings Soon — Finance Minister

    Nigerian Govt To Publish Spending Details Of Fuel Subsidy Savings Soon — Finance Minister

    Okonjo-Iweala To Tinubu: Borrow Carefully, Make Reforms Deliver Jobs For Nigerians

    Okonjo-Iweala To Tinubu: Borrow Carefully, Make Reforms Deliver Jobs For Nigerians

    Nigeria Ranks Fourth In Africa’s Dollar Millionaire List

    Nigeria Ranks Fourth In Africa’s Dollar Millionaire List

    Nigeria: HCSF Pushes Data-Driven Reforms

    Nigeria: HCSF Pushes Data-Driven Reforms

    ECOWAS Says 2027 Date For Launch Of Single Currency Sacrosanct

    ECOWAS Says 2027 Date For Launch Of Single Currency Sacrosanct

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News
Home Economy

New COP28 Draft Agreement Drops Phaseout Of Fossil Fuels

December 11, 2023
in Economy, Top Stories, World
0 0
0
21
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Emmanuel Nduka

A new draft of a potential climate deal at the COP28 Summit released on Monday, December 11, listed a range of options countries could take to reduce greenhouse gas emissions, but omitted the “phase out” of fossil fuels that many nations have demanded.

Relatedreading

Libya: Central Bank Chief Quits Amid Deepening Power Struggle

AfDB’s Report Says Nigeria, Ghana Spend More On External Debt Interest Than Public Health

Antonio Guterres, Secretary-General of the United Nations (UN) said a central benchmark of success for COP28 would be whether it yielded a deal to phase out coal, oil and gas use fast enough to avert disastrous climate change.

“That doesn’t mean that all countries must phase out fossil fuels at the same time,” he told reporters at the Dubai summit.

At the summit which is scheduled to end on Tuesday, December 12, but could go on longer if negotiations drag on, a new draft of a COP28 agreement, published by the United Arab Emirates’ presidency of the summit, proposed various options but did not refer to a “phase out” of all fossil fuels, which had been included in a previous draft.

Details of the draft deal listed eight options that countries “could” use to cut emissions, including by: “reducing both consumption and production of fossil fuels, in a just, orderly and equitable manner so as to achieve net zero by, before, or around 2050”.

Other actions listed included tripling renewable energy capacity by 2030, “rapidly phasing down unabated coal” and scaling up technologies including those to capture CO2 emissions out of the atmosphere.

 

This is even as a coalition of more than 100 countries including oil and gas producers the United States, Canada and Norway, as well as the European Union and climate-vulnerable island nations, wanted an agreement that included language to phase out fossil fuels, a feat not achieved in 30 years of the UN summits.

While the emissions from burning fossil fuels are by far the main driver of climate change, sources familiar with the discussions said the UAE had come under pressure from Saudi Arabia to drop any mention of fossil fuels from the text, Reuters reports.

Heritage Times HT gathered that egotiators and observers inside the COP28 talks told Reuters that Saudi Arabia, de facto leader of the OPEC oil producers’ group, was among the main opponents of a deal to phase out oil and gas.

Canadian Environment Minister Steven Guilbeault told Reuters a deal on phasing out fossil fuels was being opposed by OPEC.

“We’re the fourth largest oil and gas producer. We get it. It’s complicated. It’s unnerving. It creates uncertainty in parts of our country. But it’s not a reason not to do it,” Guilbeault said.

Particularly for oil-producing nations, a global deal at COP28 to ditch fossil fuels – even without a firm end date – could signal a political willingness from other nations to slash their use of the lucrative products on which fuel-producing economies depend on.

 

Tags: breakingCOP28Fossil FuellsHeritageheritage timesheritagetimesmediahtlatestnewsthe heritage timesthehtafricathtthtafricatop stories
ShareTweetSend
Previous Post

Osimhen Deserves To Win CAF Footballer Of The Year Award – Amuneke

Next Post

Faculty Members Rally Support For Harvard President As Calls For Resignation Thickens

Related Posts

Libya: Central Bank Chief Quits Amid Deepening Power Struggle

Libya: Central Bank Chief Quits Amid Deepening Power Struggle

August 11, 2026
AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

AfDB’s Report Says Nigeria, Ghana Spend More On External Debt Interest Than Public Health

August 11, 2026

Nigeria: Air Force Kills Nine Terrorists In Latest Strikes

Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

UK Radio In Trouble After Falsely Announcing King Charles’ Death

Madagascar Moves To Reclaim Land Left Behind By Colonial Rule

Next Post
Faculty Members Rally Support For Harvard President As Calls For Resignation Thickens

Faculty Members Rally Support For Harvard President As Calls For Resignation Thickens

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1
AfriHeritage Magazine 2026 AfriHeritage Magazine 2026 AfriHeritage Magazine 2026

Updates

  • Trending
  • Comments
  • Latest
Saudi Considers Launching English TV Channel As Al Jazeera’s Rival

Saudi Considers Launching English TV Channel As Al Jazeera’s Rival

May 10, 2023
Paris Olympics: D’Tigress Out, Nigeria Still Searching For Medal 12 Days After

Paris Olympics: D’Tigress Out, Nigeria Still Searching For Medal 12 Days After

August 8, 2024
Euro Qualifier: France Record Historic Victory In 14-Goal Thrashing Of Gibraltar 

Euro Qualifier: France Record Historic Victory In 14-Goal Thrashing Of Gibraltar 

November 19, 2023
NFF Reacts As Man Attacks Super Falcons Inside Train In Austria

NFF Reacts As Man Attacks Super Falcons Inside Train In Austria

July 21, 2021
Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

0
UK Radio In Trouble After Falsely Announcing King Charles’ Death

UK Radio In Trouble After Falsely Announcing King Charles’ Death

0
Madagascar Moves To Reclaim Land Left Behind By Colonial Rule

Madagascar Moves To Reclaim Land Left Behind By Colonial Rule

0
Zambia Seals $1.1bn Deal With Chinese Firm To Construct 60,000 BPD Refinery

Zambia Votes Thursday In Election Expected To Hand Hichilema Fresh Term

0
Libya: Central Bank Chief Quits Amid Deepening Power Struggle

Libya: Central Bank Chief Quits Amid Deepening Power Struggle

August 11, 2026
AfDB: Egypt To Receive $271 Agricultural Loan To Promote Food Security

AfDB’s Report Says Nigeria, Ghana Spend More On External Debt Interest Than Public Health

August 11, 2026
Missing NAF Aircraft: CAS Relocates To Maiduguri

Nigeria: Air Force Kills Nine Terrorists In Latest Strikes

August 11, 2026
Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

August 10, 2026

Most Recent

Libya: Central Bank Chief Quits Amid Deepening Power Struggle

August 11, 2026

AfDB’s Report Says Nigeria, Ghana Spend More On External Debt Interest Than Public Health

August 11, 2026

Nigeria: Air Force Kills Nine Terrorists In Latest Strikes

August 11, 2026

Sierra Leone: Bio Urges Parliament To Pass Bill Reducing Threshold For Presidential Victory

August 10, 2026

UK Radio In Trouble After Falsely Announcing King Charles’ Death

August 10, 2026

Madagascar Moves To Reclaim Land Left Behind By Colonial Rule

August 10, 2026

Zambia Votes Thursday In Election Expected To Hand Hichilema Fresh Term

August 10, 2026

Nigerian Traders Halt Exports To Ghana Over Onion Dispute

August 10, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.