Preliminary agreement on the abolition of fossil fuel subsidies in Glasgow
- According to the information filtered on Monday, the final report of the Glasgow Summit should not refer to the need for fossil energies to disappear. However, a new text mentions the need to stop financing coal, gas and oil.
The reference to fossil fuels is one-line in the new draft and, according to journalists and experts at the top, it is not ensured that it remains in the final text. The fact is that it has been taken as a step, since the Paris Summit did not mention the fossil remains either. According to Javier Andalucía, from Ekologistak Martxan, a mention is made of the disappearance of aid to these fuels, “but to be very effective in general”.
According to Alejandro Tena of the Public Journal, in 2020, US$ 286 billion was subsidized for fossil fuels, while US$ 88,000 million was earmarked for renewable energies. According to experts, banning and encouraging others may lead to a global energy transition, but that is why it would be essential to help developing countries with financial funds to adapt their economies, and that is where the new draft made early on Wednesday fails.
Greenpeace spokeswoman Tatiana Nuño said that we need to talk about concrete figures and a concrete plan to implement them, otherwise it will be very difficult to make progress. The gap between the countries of the South and the North is widening in this regard and no major steps have been taken in recent years. At the COP25 summit in Madrid it was recognised that the Green Fund to help the countries of the south would have some EUR 100 billion, but only EUR 89 million has been raised for the time being.
Poor heating
As far as the emission of greenhouse gases is concerned, there does not seem to be any great progress either; there is a difference between what the world of science is asking for and what the summit is going to offer. The Paris Summit acknowledged that by 2030 emissions should be reduced by 55% if global warming is to be kept below 1.5 degrees. On the contrary, the intentions of the countries indicate that by the end of this decade the earth's temperature would rise 1.8 degrees, always in the most optimistic reading.
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