background image

Climate summit makes ‘historic progress’ — but the world still can’t quit oil

author image

By illuminem briefings 🌎

· 2 min read


Illuminem summarizes for you the essential news of the day. Read the full piece on Politico or enjoy below:

🗞️ Driving the news: The COP28 climate summit in Dubai concluded with an agreement to curb fossil fuel use, marking a historic yet overdue moment
• The deal commits nearly 200 countries to transition away from fossil fuels, especially before 2030, while allowing their use during this period

🔭 The context: Hosted in an oil-rich nation and presided over by an oil CEO, the summit highlighted the stark contrast between the urgent need to address climate change and the global dependence on fossil fuels
• The agreement, though nonbinding, represents a significant acknowledgment of the necessity for cleaner energy sources

🌍 Why it matters for the planet: The deal, while historic, drew criticism for its compromises and loopholes, particularly from vulnerable island nations and environmentalists
• The ongoing reliance on fossil fuels and the lack of specific measures for their phase-out remain contentious issues

⏭️ What's next: The agreement includes ambitious targets for renewable energy and energy efficiency by 2030 but lacks concrete commitments for financial assistance to support the transition away from fossil fuels, especially for developing countries

💬 One quote: "We’re in an oil country surrounded by oil countries that are now signing a piece of paper saying we need to move away from oil. It is historic" (John Kerry, U.S. climate envoy)

📈 One stat: Despite the agreement, fossil fuels still supply over 80% of global energy, underscoring the challenge ahead in transitioning to cleaner energy sources


Click for more news covering the latest on COP28

Did you enjoy this illuminem voice? Support us by sharing this article!
author photo

About the author

illuminem's editorial team - providing you with concise summaries of the most important sustainability news of the day.

Follow us on Linkedin, Twitter​ & Instagram

Other illuminem Voices


Related Posts


You cannot miss it!

Weekly. Free. Your Top 10 Sustainability & Energy Posts.

You can unsubscribe at any time (read our privacy policy)