The COP26 climate talks in Glasgow has agreed to phase out inefficient fossil fuel subsides. But after a last-minute manoeuvre by India, the conference further watered down plans on coal.
The Glasgow climate talks passed their deadline last night and have spilled into an extra day. A third version of the decision document was published this morning. DrillOrDrop will be reporting throughout today on what happens inside and outside the conference and what it means.
COP26 in Glasgow is now in its last scheduled hours, with planned protests, more negotiations and a final attempt to reach agreement between nearly 200 countries.
A group of more than 20 countries is pushing to remove the entire section of the draft COP26 climate agreement on reducing emissions.
The world’s first diplomatic initiative to keep oil and gas in the ground was launched today at the COP26 climate talks. But it did not get the support of the UK and Scottish governments.
COP26 president, Alok Sharma, told a review session this morning there was “still a lot more work to be done”. He said ministers had to “dial up” their engagement if the talks were to finish on time at the end of tomorrow (12/11/21).
The Australian owner of the fracking company, Cuadrilla, has blamed the UK government’s net zero policy for increasing energy prices.
China and the US announced a surprise cooperation agreement, focussed on controlling methane emissions, over the next decade. Earlier, Boris Johnson warned against false hopes and said the UK wanted to move beyond oil and gas as soon as possible.
In a surprise announcement, China and the US have agreed on climate cooperation over the next decade.
The prime minster has said the UK wants to phase out hydrocarbons completely and as quickly as possible.