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Financial Times: G20 deal on fossil fuels blocked after Saudi opposition
G20 deal on fossil fuels blocked after Saudi oppositionEnergy ministers clash over bid to cut use of oil, gas and coal
Several countries led by Saudi Arabia have blocked a move by G20 nations to reduce the use of fossil fuels, in the latest sign of the global tensions over the future role of oil, gas and coal as the world grapples with climate change.
G20 countries released a summary document on Saturday after several days of intense discussions hosted by India in Goa. It said that some member states had emphasised the need to cut back the use of fossil fuels without the capture of emissions “in line with different national circumstances”. But others “had different views on the matter”.
Those countries instead want to focus on the development of technology to capture greenhouse gas emissions.
Several people familiar with the negotiations said Saudi Arabia was prominent in the push against phasing down fossil fuels, and was backed by several other countries.
…
Several countries led by Saudi Arabia have blocked a move by G20 nations to reduce the use of fossil fuels, in the latest sign of the global tensions over the future role of oil, gas and coal as the world grapples with climate change.
G20 countries released a summary document on Saturday after several days of intense discussions hosted by India in Goa. It said that some member states had emphasised the need to cut back the use of fossil fuels without the capture of emissions “in line with different national circumstances”. But others “had different views on the matter”.
Those countries instead want to focus on the development of technology to capture greenhouse gas emissions.
Several people familiar with the negotiations said Saudi Arabia was prominent in the push against phasing down fossil fuels, and was backed by several other countries.
…
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