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Press the EU to agree at COP 27 on the phase-out of fossil fuels

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The European Union (EU) Negotiations at the COP27 climate change summit held in the Egyptian city of Sharm El Sheikh are under pressure so that the final declaration Phasing out of all fossil fuels (coal, oil and gas, in that order) that do not have mitigation measures (“unbated”).

European sources explained to a group of media that in fact the European Union is the object of these talks They appear blocked Because of mistrust between the Global South and developed countries, mitigation – reducing greenhouse gas emissions – is a cross-cutting concern with all the other issues being addressed.

The proposal, which would be the first drawn up by the EU to include the final progressive phase-out of all fossil fuels in the final documents, would create inertia in the negotiations and always, according to Community sources, The parties have gained momentum. The European proposal aims to make progress in mitigation and responds to the understanding that progress is needed to prevent the deepening of climate change, which requires the extinction of fossil fuels without mitigation.

A progressive extinction

The recommendation of the UN’s Panel of Experts on Climate Change is that to keep global warming below one and a half degrees compared to pre-industrial levels, the use of fossil fuels must be phased out: First removing the coal, then the oil and finally the gas.

As defined by the G7 and the International Energy Agency, “adamant“Used to refer to facilities without a system to reduce their emissions known as CO2 capture, storage and use (CCUS) systems. It is estimated that there are pegs worldwide. 35 commercial scale facilities using these systems in industrial processesFuel conversion or power generation, according to a report by the International Energy Agency.

Overall, the CO2 capture capacity is approx 45 million tonnes, The report adds, which highlights that the pace of this technology has increased significantly in recent years, approxe 300 projects in various stages of development across the CCUS value chain. The promoters of this technology have announced that they aim to have 200 capture facilities operational by 2030 and that Captures more than 220 million tons of CO2 annually. That CO2 can be used to make synthetic fuels, “blue” hydrogen, or carbonated beverages.

Source: lainformacion.com

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