Petrostates Push Back Against UN Talks on Shift from Fossil Fuels

Petrostates Push Back Against UN Talks on Shift from Fossil Fuels

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Several major oil-producing countries, including Saudi Arabia and Russia, are pushing back against talks on an agreement at the upcoming COP29 climate summit to mitigate the use of fossil fuels, negotiators from Western countries told the Financial Times. The group of oil-rich nations, which include Saudi Arabia, Russia, and Bolivia, are hindering efforts for talks on the phase down of fossil fuels. COP29 will be held in November in Azerbaijan, which is highly dependent on oil and gas sales for its economic growth.  The previous climate summit,…

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