COP 28 - Renewables Pledge, Voluntary Methane Controls Lead

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COP 28 - Renewables Pledge, Voluntary Methane Controls Lead Major Announcements at COP28

[ https://www.theenergymix.com/renewables ... -451866381 ]

December 2, 2023 Primary Author: Mitchell Beer - The Energy Mix

More than 100 countries signed a global clean energy pledge, COP28 organizers touted an ambitious but voluntary methane reduction promise by oil and gas companies, and fossil fuel phaseout language faced steady opposition on the third day of United Nations climate talks in Dubai.

Hours ago, 118 countries including Canada, Australia, Barbados, Brazil, Chile, Japan, and Nigeria signed a pledge led by the European Union, the United Arab Emirates, and the United States to triple global renewable energy capacity to 11,000 gigawatts and double the annual rate of energy efficiency improvements by 2030. “The pledge was among a slew of COP28 announcements on Saturday aimed at decarbonizing the energy sector—source of around three-quarters of global greenhouse gas emissions—that included expanding nuclear power, cutting methane emissions, and choking off private finance for coal power,” Reuters reports. [ https://www.theglobeandmail.com/busines ... -push-out/ ]

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