COP28 Urges Fossil Fuel Firms to Take Public Responsibility and Address Climate Gaps

U.S. Climate Envoy John Kerry has called on fossil fuel companies to take responsibility for cutting CO2 emissions and contribute to global efforts to combat climate change. As countries prepare for the U.N. COP28 climate summit, which will focus on phasing out CO2-emitting coal, oil, and gas, Kerry emphasized the need for these companies to prove their commitment. While some major oil and gas companies have made investments in carbon removal and renewable energy, there are concerns about the scale and impact of these efforts. Governments and industry must work together to develop a plan for phasing out fossil fuels while increasing investments in renewables.