EU countries on Monday (16 October) adopted a common stance for the United Nations Cop28 international climate conference but language on the EU’s emissions reduction target and fossil fuel exit goal was softened to reach a unanimous decision.
The EU’s 27 environment ministers met in Luxembourg on Monday to agree on the EU’s stance for the Cop28 summit opening in Dubai on 30 November, throwing their weight behind a goal to triple global renewable energy capacity and double energy efficiency improvements by 2030.
The European Union will also push for a “predominantly fossil-free” global energy sector “well before 2050” and strive to reach a “fully or predominantly decarbonised power system in the 2030s,” according to wording agreed by the bloc’s environment ministers.
However, the most ambitious countries had to accept watered-down language on the EU’s push to phase out fossil fuels and reduce emissions as the decision needed to be taken by unanimity.
“Would [the Commission and Presidency] have been able to go even further? Absolutely. And yet, you know, this is a Union where, in the end, we create a mandate with 27 countries,” said EU climate chief Wopke Hoekstra after the meeting.
The European Commission and EU presidency holder Spain pushed for stronger language on emissions reduction, saying the EU’s updated legislation would raise the bloc’s climate target from a 55% net reduction in greenhouse gas emissions by 2030 to a 57% reduction.
But they had to bow to pressure from Eastern EU countries, which have a more significant challenge decarbonising their economies because of their heavier reliance on coal.
“Texts adopted by unanimity always take a little longer to agree. European countries have quite different energy situations, with some still very dependent on coal,” explained a source in the cabinet of French energy transition minister Agnès Pannier-Runacher.
Updated pledge, but no new target
EU member states will go to Cop28 stressing the importance of scaling up the global ambition to remain within the 1.5ºC global warming limit, said a statement released after the meeting.
While the EU will not come with a new emissions reduction target, it will update its pledge to reflect the EU’s ‘Fit for 55’ package of legislation adopted to meet its 2030 climate goals.
According to the European Commission, fully implementing the package will result in a 57% reduction in net emissions by 2030 compared to 1990 levels, more than the initial 55% goal agreed two years ago.
The higher objective reflects the EU’s ambition to grow its carbon sinks and increased level of ambition on renewables and energy efficiency, pushed forward last year in reaction to Russia’s war in Ukraine.
But according to Ribera, some countries had concerns about putting this figure to paper. “The main argument was that they did not want to create any confusion. It was not a new goal,” she explained.
In the end, a compromise formulation stipulates that “the Fit for 55 package, when fully implemented, could enable the EU to exceed its target of at least -55%,” said the French ministerial source.
Environmental activists, for their part, want the EU to support a Cop28 outcome that is grounded in science, and to recognise that more must be done to align climate action and finance with Europe’s historical responsibilities.
“For the EU’s climate targets, this means the EU needs to commit to substantially overshoot its current target of -55% net emission cuts and achieve at least -65% gross, or -76% net emission cuts by 2030 and net zero emissions no later than by 2040,” said Sven Harmeling, international climate policy coordinator at the NGO group Climate Action Network Europe.
“Unabated” fossil fuels
The EU’s Cop28 position also includes calls to peak emissions this decade and phase out “unabated” fossil fuels, a controversial term referring to carbon capture and storage technologies.
“We still have this idea that we have to try and avoid using fossil fuels if they have no abatement system and that the long term objective is that they should be phased out of our energy mix as we try to promote decarbonisation,” Ribera explained.
“The agreement in the Council conclusions is that these [abatement technologies] are technologies which should be tied to those sectors where it’s going to be difficult for them to engage in decarbonisation, where it’s difficult to wean themselves off fossil fuels,” she added.
Here too, a compromise solution was found in order to reach a unanimous decision among the 27 member states.
“The term ‘unabated’ appeared twice. There was a compromise: we kept it once in the second line of paragraph 14 and deleted it the second time,” the French source said.
Another complex issue related to subsidies for fossil fuels, which is sensitive for Eastern EU member states like Poland where coal makes up 70% of the electricity mix.
“There, we found a sentence that says: ‘calls for a phase out of fossil fuel subsidies’,” the French source explained. “We removed the word ‘inefficient’ because we believe that all fossil fuel subsidies are inefficient,” he added.
Similarly, the EU text does specify an exact date for when coal power should be phased out. “But we did say that there is an objective of achieving a completely or predominantly decarbonised energy system during the 2030s, ‘leaving no room for new coal power’,” the French source said.
“This is a compromise formulation – there is no EU date for a total phase-out of coal. But given that many countries use a lot of coal, it’s still a significant result.”
According to Ribera, fossil fuel subsidies that do not address energy poverty or the just transition should also be phased out “as soon as possible”.
Greens slam EU climate commissioner ‘crash landing’
Environmental campaigners and the Greens in the European Parliament were quick to criticise the Council’s Cop28 conclusions, with German Green lawmaker Michael Bloss calling it a “crash landing” for climate commissioner Wopke Hoekstra who is entering his second week in office.
“The new climate commissioner has promised a lot and not delivered,” Bloss said, referring to the final outcome on EU’s target and the references to unabated fossil fuels.
The EU has collectively missed the mark by calling only for a global phaseout of ‘unabated’ fossil fuels,” said the group’s director Chiara Martinelli.
“Instead of throwing a lifeline to the fossil fuel industry and placing a risky bet on an unproven, highly expensive method of capturing their carbon emissions, it is far more cost-effective to rapidly phase out fossil fuels and intensify efforts to build a fully renewable energy system,” she added.
This article was produced by Euractiv and republished under a content sharing agreement. Read the original here.
The post EU countries hammer out joint stance for Cop28 climate summit appeared first on Climate Home News.
EU countries hammer out joint stance for Cop28 climate summit
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IEA slashes pre-war oil demand forecast by nearly a million barrels per day
Global oil demand is expected to be almost one million barrels per day less than was forecast before the Iran war, as shortages and soaring costs prompt drastic cutbacks by consumers and businesses, a report by the International Energy Agency (IEA) said on Wednesday.
With the closure of the Strait of Hormuz choking off supplies and keeping prices high, less oil is being used to make products such as jet fuel, LPG cooking gas and petrochemicals, the Paris-based IEA said in its monthly oil report, forecasting the biggest quarterly demand drop since the COVID pandemic.
The Iran war “upends our global outlook”, the government-backed agency said, adding that it now expects oil demand to shrink by 80,000 barrels per day in 2026 from last year.
Before the conflict began, the IEA said in February it expected oil demand to rise by 850,000 barrels per day this year, meaning the difference between the pre-war and current estimates is 930,000 barrels a day, or 340 million barrels a year.
That could have a significant impact on the outlook for planet-heating carbon emissions this year.
At an intensity of 434 kg of carbon dioxide per barrel of oil – the estimate used by the US Environmental Protection Agency – the annual reduction in carbon dioxide emissions from oil for 2026, compared with the pre-war forecast, is similar to the amount emitted by the Philippines each year.
Harry Benham, senior advisor at Carbon Tracker, told Climate Home News that he expects at least half of the reduction in oil demand to be permanent because of efficiency gains, behavioural change and faster electrification.
The oil shock is leading to oil being replaced, especially in transport, with electricity and other fuels, just as past oil shocks drove lasting reductions in consumption, he said. “The shock doesn’t delay the transition – it reinforces it,” he added.
Demand takes a hit
While demand for oil has fallen significantly, supplies have fallen even further. Supply in March was 10 million barrels a day less than February, the IEA said, calling it the “largest disruption in history”.
This forecast relies on the assumption that regular deliveries of oil and gas from the Middle East will resume by the middle of the year, the IEA said, although the prospects for this “remain unclear at this stage”.
Last month, US Energy Secretary Chris Wright told the CERAWeek oil industry conference that prices were not high enough to lead to permanent reductions in demand for oil, known as demand destruction.
But the IEA said on Wednesday that “demand destruction will spread as scarcity and higher prices persist”.
Industries contributing to weaker demand for oil include Asian petrochemical producers, who are cutting production as oil supplies dry up, the report said, while consumers are cutting back on liquefied petroleum gas (LPG), which is mainly used as a cooking gas in developing countries, the IEA said.
Flight cancellations caused by the war have dampened demand for oil-based jet fuel, the IEA said. As well as cancellations caused by risk from the conflict itself, airports have warned that fuel shortages could lead to disruption.
Across the world, governments, businesses and consumers have sought to reduce their oil use after the war. The government of Pakistan has cut the speed limit on its roads, so that people drive at a more fuel-efficient speed, and Laos has encouraged people to work from home to preserve scarce petrol and diesel.
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In the longer term, the European Union is considering cutting taxes on electricity to help it replace fossil fuels and France is promoting EVs and heat pumps.
IEA urged to help “future-proof” economies
Meanwhile, the IEA came under fire last week from energy security experts, including former military chiefs, who signed an open letter in which they accused the agency of offering “only a temporary response to turbulent markets”, calling for stronger structural action “to future-proof our economies”.
They said that besides releasing emergency oil stocks and offering advice on how to reduce oil demand in the short term, the IEA should show countries how to reduce their exposure to volatile oil and gas markets.
The IEA has also been under pressure from the Trump administration to talk less about the transition away from fossil fuels.
This article was amended on 15 April 2026 to correct the drop in 2026 forecast oil demand from “nearly a billion” to “nearly a million”
The post IEA slashes pre-war oil demand forecast by nearly a million barrels per day appeared first on Climate Home News.
IEA slashes pre-war oil demand forecast by nearly a million barrels per day
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