Fossil Fuels
Cop30 ends with tense agreement and 27-hour delay in Belém
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The Cop30, the UN climate conference in Belém, ended on Saturday (22) almost 27 hours late, after tense negotiations that resulted in a final agreement without Brazil's plan for reducing fossil fuels. The text advanced on adaptation financing and recognized the roles of indigenous and afrodescendant communities, but disappointed NGOs for lacking ambition on emissions. Tensions marked the final plenary, with criticism from Colombia and defense of the Brazilian presidency.
Illinois is set to introduce a bill requiring fossil fuel companies to contribute to a climate superfund amid rising costs from global warming. This effort joins a wave of similar legislation in other states, driven by advocates pushing for polluters to cover expenses like flooding and heat waves. New York and Vermont have already enacted such laws, despite opposition from industry and the federal government.
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At COP30 in Belém, Brazil, Indigenous activists pushed for greater inclusion in climate talks, achieving recognition of their rights but falling short on fossil fuel transition commitments. Over 5,000 Indigenous participants attended, the largest number in the conference's history. Advocates like Emil Gualinga and Kaeden Watts highlighted both progress and persistent challenges.
The Swedish delegation at the COP30 climate summit in Belém strongly criticizes the draft agreement released early Friday. The draft lacks mentions of fossil fuels and ambitious emissions reductions, sparking anger from the EU and several countries. Negotiations are in their final stage, but nations remain far apart on several key issues.
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At the World Climate Conference in Belém, the EU has presented its own draft text to advance a global phase-out of coal, oil, and gas. EU Climate Commissioner Wopke Hoekstra emphasized the importance of an ambitious plan. The proposal faces resistance from oil-exporting states.