 Energy & Environment |
Energy & Environment |
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Climate summit draft drops key fossil fuel language |
The latest iteration of negotiating text at this year's global climate summit has dropped a previous version's suggestion of a phaseout of fossil fuels. |
Instead, the latest draft text, introduced Monday, calls for "reducing" consumption and production of fossil fuels "in a just, orderly and equitable manner." A group of 80 countries, including the U.S., small island nations and the European Union, have reportedly called for a "phase out" of fossil fuels. But official decisions have to be adopted unanimously by the nearly 200 countries at the COP28 climate summit. News outlets reported last week that the head of a group of oil-producing countries known as OPEC wrote to its members urging them to oppose language that targets fossil fuels. In addition to its call to reduce such fuels, the latest text calls for the rapid phasedown of unabated coal — that is, coal whose emissions are not prevented through carbon capture technology. It also calls for limiting permitting on new and unabated coal power. The text additionally calls for tripling global renewable energy capacity and doubling the average annual rate of energy efficiency improvements by 2030. A previous draft text included several suggestions on fossil fuels that included "a phase out of fossil fuels," "phasing out unabated fossil fuels" or "no text" on the issue. Read more in a full report at TheHill.com. |
Welcome to The Hill's Energy & Environment newsletter, we're Rachel Frazin and Zack Budryk — keeping you up to speed on the policies impacting everything from oil and gas to new supply chains. |
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How policy will affect the energy and environment sectors now and in the future: |
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The storm system that brought deadly tornadoes to Tennessee over the weekend has moved into the Northeast, bringing heavy rainfall and snow and strong winds to the region. |
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| The exclusion of a measure to extend compensation for people exposed to radiation from U.S. nuclear testing from the annual defense bill this week marked yet another fracture in the Republican conference. |
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Renewables are reaching the point where they are outcompeting fossil fuels on price — setting the stage for their predicted dominance of the energy sector by midcentury. |
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Branch out with a different read on The Hill: |
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Former Vice President Al Gore on Sunday said it was "ridiculous" that the United Arab Emirates (UAE) — a major oil-producing country — hosted the COP28 climate summit. |
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Upcoming news themes and events we're watching: |
The Senate Energy Committee's Subcommittee on Public Lands, Forests, and Mining will hold legislative hearings tomorrow on pending legislation. The House Natural Resources Committee will hold an oversight hearing titled: "The Mineral Supply Chain and the New Space Race." The House Natural Resources Committee's Subcommittee on Energy and Mineral Resources will hold a legislative hearing on three bills. The House Natural Resources Committee's Subcommittee on Water, Wildlife and Fisheries will hold a hearing titled "Left in the Dark: Examining the Biden Administrations Efforts to Eliminate the Pacific Northwests Clean Energy Production."
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News we've flagged from other outlets touching on energy issues, the environment and other topics: |
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A deadly delivery highlights 'falsified' heat records at USPS (E&E News/Politico)
How Coal Giant Colombia Is Trying to Wean Its Economy Off Fossil Fuels (Bloomberg) House panel subpoenas Vanguard, Arjuna in ESG 'collusion' probe (CNBC)
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Two key stories on The Hill right now: |
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Lawmakers in both parties are growing increasingly concerned about where a handshake deal between the White House and former Speaker Kevin McCarthy (R-Calif.) on spending stands as they negotiate how the government should be funded next year. Read more |
| As House Republicans forge ahead with a vote to formalize an impeachment inquiry against President Biden, they are using some new details and testimony to prop up hotly disputed allegations that he abused power to benefit his family. Read more |
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Op-eds related to energy & environment submitted to The Hill: |
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You're all caught up. See you tomorrow! |
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