“This outcome is really historic: the COP28 decided on the transition away from fossil fuels and towards renewables and energy efficiency. Nuclear energy also has its place. The adopted text does not mention the word ‘phase-out’, but it is a ‘phase-out’ of fossil fuels. I expect the stocks of renewables, energy efficiency and nuclear energy to go up. Great work by the EU team around Commissioner Hoekstra.”, said Peter Liese (EPP, DE), Chair of the delegation.

“It is momentous that a COP has addressed fossil fuels for the first time. COP28 marks the beginning of the end of fossil fuels. It has been blocked for many years and this shift is a result of the EU’s strong stance and alliance with developing countries. The agreement also clearly states that all countries must take action now to curb emissions – not in a distant future. This is key, since all countries shall update their national climate plans for next year’s COP. They must also now increase their…