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

TGS Books 3D Streamer Seismic Job in Africa and Middle East region

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

Energean Cuts 2026 Output Forecast After Israel Shutdown

Oil Prices Ease as US Holds Off Renewed Strikes Against Iran

Oil Climbs Above $110 After Gulf Drone Attacks Raise Supply Fears

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Oil Jumps 4% After Trump Rejects Iran’s Peace Response

IEA: Middle East Conflict Reshaping Medium-Term Gas Outlook

US-Israel War on Iran Creates Biggest Energy Crisis in History

Current News

JERA Takes Delivery of First LNG Cargo from Australia's Barossa Gas Project

Inpex’s Ichthys LNG Strike Persists as Fair Work Hearing Gets Postponed

Oil Falls More Than 2% as US-Iran Tensions Ease

TGS Books 3D Streamer Seismic Job in Africa and Middle East region

Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

Oil Holds Steady as Markets Assess Renewed US-Iran Hostilities

ADNOC Looks to Canada for Upstream and LNG Growth Through XRG

Petronas Signs 20-Year LNG Supply Deal with Japan's JERA

Oil Prices Slide as Israel-Iran Suspend Strikes

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