On government funds flowing into fossil fuels, Kerry said: “Those subsidies have to go.” “We’re the largest oil and gas producer in the world and we have some of those subsidies,” he said.
Negotiators at this year’s U.N. climate talks in Glasgow appeared to be backing away Friday from a call to end all use of coal and phase out fossil fuel subsidies completely, but gave poor countries hope for more financial support to cope with global warming, AP reports.
The latest draft proposals from the meeting’s chair called on countries to accelerate “the phaseout of unabated coal power and of inefficient subsidies for fossil fuels.”
A previous draft Wednesday had been stronger, calling on countries to “accelerate the phasing out of coal and subsidies for fossil fuel.”
While the chair’s proposal is likely to undergo further negotiation at the talks, due to end Friday, the change in wording suggested a shift away from unconditional demands that some fossil fuel exporting nations have objected to.
U.S. climate envoy John Kerry said Washington backed the current wording. “We’re not talking about eliminating” coal, he told fellow climate diplomats.
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