Fight over fossil fuels drawdown looms at UN climate summit

Yahoo Finance
2025.11.13 23:17
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At COP30 in Brazil, nations are pushing for a stronger transition away from fossil fuels, facing opposition from oil-producing countries. Brazil's President Lula supports a concrete plan, while countries like France and Colombia advocate for a roadmap. The summit aims to build on a 2023 pledge to transition away from fossil fuels, but faces resistance from oil powers like Saudi Arabia and Russia. The diplomatic effort seeks consensus among nearly 200 nations, with a focus on a fair and planned transition.