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Energy Rift Stalls Pact

Energy Rift Stalls Pact

Sharp disagreements over the future of oil, gas and coal are blocking a deal at the COP31 climate summit. Major producers, including Saudi Arabia and Russia, reject restrictions on fossil fuels, while India fears such measures could constrain development and energy choices. Turkey is seeking to include an expansion of the shift to electricity in the agreement, while other countries are calling for a clearer roadmap for moving away from fossil fuels. Australia is working on a draft of the political text for early next week. This comes amid a UN warning that the world is on track to exceed the 1.5°C warming threshold set out in the Paris Agreement.

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