CO2 Management > CCUS > COP28: Fossil fuel industry embraces a phasedown of emissions, rather than production

COP28: Fossil fuel industry embraces a phasedown of emissions, rather than production

Published 16:24 on December 5, 2023 / Last updated at 20:29 on December 18, 2023 / / CO2 Management (CCUS, Engineered Removals), International (UN Climate Talks), Compliance Markets & Taxes, US & Canada

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While COP28 negotiating parties grapple with language surrounding the phaseout versus phasedown of fossil fuels, industry delegates demonstrated limited enthusiasm to reduce production of oil and gas amid activist calls for otherwise during the summit’s thematic Energy and Industry day.
While COP28 negotiating parties grapple with language surrounding the phaseout versus phasedown of fossil fuels, industry delegates demonstrated limited enthusiasm to reduce production of oil and gas amid activist calls for otherwise during the summit’s thematic Energy and Industry day.


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