COP26: Contested statement on coal and fossil fuel subsidies hangs in the balance

Key requests that countries ramp up their climate action plans as soon as next year and phase out certain fossil fuels have survived the latest bruising round of negotiations at COP26, though the latter statement has been watered down.

An earlier draft text calling for nations “to accelerate the phase-out of coal and subsidies for fossil fuels” was contested by major oil and gas exporters Saudi Arabia and Russia and the coal-dependent India.

The second draft, published on Friday morning, calls upon parties to “[accelerate] the phase-out of unabated coal power and of inefficient subsidies for fossil fuels.”

Will they reach a deal? Crucial COP talks enter final stretch

Climate activists demonstrate during the Cop26 summit in Glasgow. Picture date: Wednesday November 10, 2021.
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Protesters have signalled they will be watching what happens to the phrase as the text evolves

Unabated means the coal use isn’t mitigated with technologies to reduce emissions, such as through carbon capture and storage (CCS), which campaigners say has not materialised as promised. Inserting the word “inefficient” allows certain subsidies such as heating for poor households to continue, but also allows room for manoeuvre for countries who want to continue subsidies for fossil fuel majors.

The statement could still be removed from or changed in the final text, which almost 200 nations are racing to agree before the clock runs down on the summit.

“Fossil fuel subsidies are paying for our own destruction,” said Tina Stege, climate envoy from the Marshall Islands, which are gradually disappearing under rising sea levels. “This text will only work if we have fossil fuel subsidies and coal included,” she added.

Another crucial section that has more or less remained in the text is a request that countries boost their climate action plans – known as NDCs – for the 2020s by the end of next year.

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Catherine Abreu decries progress on coal coming from official COP26 documents.

Laurence Tubiana, a key architect of the Paris Agreement, told Sky News the “main problem we are facing” is that countries are still “not up to the challenge for 2030”.

Scientists say the world must cut emissions by almost half by 2030 to stop the planet from warming by more than 1.5C – the more ambitious goal of the Paris Agreement. But current plans have the world on track for around 2.4C of warming.

“1.5C is non-negotiable,” said Ms Stege. “We need to keep returning to the table. We must see 1.5C aligned NDCs and long-term strategies delivered by the major emitters next year.”

Analysis by Ashna Hurynag

This agreement has been hailed “comprehensive and ambitious” by the UK COP Presidency. After two days of overnight squirrelling away behind closed doors pouring over each turn of phrase and bullet point – finally the “near-final” agreement is here.

It’s significant that for the first time in a United Nations document of this kind, the terms coal and fossil fuels have been mentioned in such explicit terms.

However they are now couched in vague language. An earlier version called for a phase out of fossil fuel subsidies, whereas the new version prefaces that with “inefficient”. This allows wiggle room for nations to continue funding fossil fuel majors.

The fact that ending coal is on the table as an issue countries are willing to be held accountable for is something – but it doesn’t mention timings.

The climate crisis is happening now, and campaigners are calling a clear timeline or deadline for the eradication of coal, as well as an end to all subsidies for things like oil, gas and coal.

Money has been an issue like never before at these talks. This fresh draft agreement “notes with deep regret” that the $100 billion pledged by 2020 has not been met and “urges” it be met “urgently” and increased between now and 2025.

The annual target is due to land on developing nations’ laps finally in 2023 after being delayed already.

The terminology and tone is different in this draft too – some of the “urges” have turned into “requests” for the countries, leaving commentators wrangling over which word is stronger and which allows for more tactical manoeuvring.

But let’s remember the second-draft document is just that: a draft which holds no promises. All 197 parties need to agree on every word and the mood music from the conference today is that everyone is not yet signing from the same hymn sheet.

Ms Stege also welcomed a new request to “at least double” cash that developing countries send to developing countries to help them adapt to the changing climate.

Greenpeace international executive director, Jennifer Morgan, said: “Today is an absolutely critical day in the fight to defend the 1.5C goal from vested interests who’ll do anything to dodge their responsibility for the climate crisis. Anything less puts the essence of [the Paris Agreement] in peril.”

She also accused some nations of a “deliberate and cynical effort” to exploit proposals for an international carbon market, allowing for “cheating, greenwash and loopholes”.

Businesses or leaders are accused of greenwash when their language or images are perceived to be deceiving people by exaggerating their green credentials, or obscuring the environmental impact of their products or policies.

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The COP president Alok Sharma MP has warned the talks must finish by 6pm tonight, but it is not unusual for COP talks to spill over into the weekend.

For full coverage of COP26 watch Climate Live on Sky channel 525.

Follow live coverage on web and app with our dedicated live blog.

Get all the latest stories, special reports and in depth analysis at skynews.com/cop26

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