Heiner Flassbeck – The great illusion: COP 28 and the end of fossil fuels

After all, eight years after the Paris Agreement, most of the world has now realised that there is a problem with fossil fuel producers. The conference known as COP 28, which has just ended in a country that lives more than almost any other from oil and gas production, has agreed for the first time on a language regulation on fossil fuels. Better than a thousand declarations, this “agreement” shows why the world is not making an inch of progress in preventing climate change.




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