EU Supports COP27 Call to Phase Down All Fossil Fuels

Kate Abnett and William James
Tuesday, November 15, 2022

The European Union supports a call by India to phase down fossil fuel use as part of a COP27 deal, the bloc's climate policy chief Frans Timmermans said on Tuesday, provided it does not weaken previous agreements on reducing the use of coal.

India wants countries to agree to phase down all fossil fuels at the U.N. climate summit in Egypt, rather than a narrower deal to phase down coal that was agreed at COP26 last year.

"We are in support of any call to phase down all fossil fuels," Timmermans told a news conference.

"But we also have to make sure that this call does not diminish the earlier agreements we had on phasing down coal, so if it comes on top of what we already agreed in Glasgow, then the EU will support in this proposal."

India was among the countries resistant to efforts to eliminate coal at last year's climate talks in Glasgow when the final deal at the last minute dropped wording calling for a phase-out of coal-fired power, replacing it with a phase down.

A wider push to phase down use of all fossil fuels would put oil and gas consumers and producers in the spotlight, as well as those countries that rely on coal.

The Egyptian COP27 Presidency on Monday night released a two-page sketch of what could become a deal, featuring bullet points outlining many of the issues countries have asked be included - some of which have deeply divided nations.

The document did not refer to fossil fuels, although a COP Presidency spokesperson later said the list was not exhaustive and did not contain the language that would be used in the final version.


(Reuters - Reporting by Kate Abnett and William James; editing by Dominic Evans and Barbara Lewis)

Categories: Energy Industry News Emissions Activity Europe Asia Regulations

Related Stories

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

Oil Drops 7% After Trump Predicts War Could End Soon

Valeura Lifts Output with Three Producing Wells at Thailand’s Manora Field

China’s Five-Year Plan Focuses on Oil Stability, Gas and Reserves Growth

MISC Secures Long-Term Charter for Papua New Guinea's First FSO

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Current News

US to Deploy Amphibious Assault Ship, Marines to Middle East

Indian Gas Tankers Prepare to Sail Through Strait of Hormuz

Offshore Vietnam: Energy Imports Rise as Domestic Production Falls

Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Eni Advances Angola Gas Project, Secures $9B Credit Facility

TVO Customizes Tethered BOP Technology

Eni: New Gas Discoveries in Libya

Petronas Makes New Hydrocarbon Discovery in Southeast Asia

PTTEP Picks Everllence Compressors for Thailand’s Offshore CCS Project

IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com