Saudi Arabia Resists Renewing Fossil Fuel Phase-Out Pledge at COP29 ...Middle East

OILPRICE - Economy
Saudi Arabia Resists Renewing Fossil Fuel Phase-Out Pledge at COP29
source : OILPRICE ( Middle East ) () 97
Saudi Arabia is reportedly "leading a push back" on restating climate commitments to transition away from fossil fuels put into place last year, according to Yahoo Finance. The Yahoo Finance article says that both European and U.S. negotiators aim to reinforce last year's commitments to boost energy efficiency and renewable energy, viewing them as crucial to maintaining progress in the global climate fight. But Saudi Arabia is reportedly using "a mix of delaying tactics and outright blocking maneuvers" to resist these efforts, the report says. …

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