🌍 Russia Opposes Global Deal on Fossil Fuels at UN Climate Summit 🛢️

What's the story? 📰🔍

Russia has announced its opposition to a global deal aimed at reducing the use of fossil fuels, raising concerns about the success of this year's UN climate summit. The US and EU member states, along with other countries, are calling for a timeline to phase out the use of fossil fuels without emissions capture and storage. However, Russia has stated that it opposes any provisions or outcomes that discriminate against or call for the phaseout of specific energy sources or fossil fuel types.

What does this mean? 🤔📝

Russia's stance on fossil fuels is in direct contrast to that of the US, which believes that unabated emissions from fossil fuels must be rapidly reduced to achieve a net-zero energy system by the mid-century. Despite caps on its crude oil production due to the invasion of Ukraine, Russia remains the third-largest crude producer globally. This uncompromising position from Russia highlights the potential for resistance from major oil, gas, and coal producers to undermine a new climate pact.

Why should I care? 💡

Russia's opposition to a global deal on fossil fuels could have implications for the future of climate action. If major oil, gas, and coal producers like Russia resist efforts to reduce emissions from fossil fuels, it could hinder progress in combating climate change. The outcome of the UN climate summit will be crucial in determining the actions countries need to take to limit global temperature rises and achieve the goals of the Paris Agreement. The clash between wealthy and developing countries over who should bear the burden of action further complicates the path towards a sustainable future.