Future of Fossil Fuel Industry , Takes Center Stage at , COP28 Climate Talks.<br />From November 30 to December 12, the United Nations <br />will hold its annual climate summit, convening <br />delegates from almost 200 countries in Dubai.<br />NBC reports that conference host and OPEC <br />member the UAE will look to promote its vision of a <br />low-carbon future that continues to rely on fossil fuels. .<br />Countries remain divided over <br />phasing out fossil fuels or scaling up <br />technologies like carbon capture. .<br />The summit comes as the planet is <br />on track to break "another record for <br />the hottest year in 2023," NBC reports.<br />The high-stakes climate summit also comes <br />on the heels of reports confirming that countries' <br />current efforts to meet climate pledges are not <br />enough to minimize the impact of global warming.<br />Ahead of the conference, the International <br />Energy Agency released a report, calling the <br />idea of widespread carbon capture an "illusion.".<br />The West's energy watchdog said the fossil fuel industry <br />needs to decide whether to help the world transition to <br />clean energy or allow the impending climate crisis to worsen.<br />In response, OPEC issued a statement accusing <br />the IEA of painting oil producers as villains.<br />This presents an extremely narrow<br />framing of the challenges before us, <br />and perhaps expediently plays down <br />such issues as energy security, <br />energy access and energy affordability, OPEC statement, via NBC.<br />NBC reports that greenhouse gas emissions <br />from the burning of fossil fuels remain <br />the leading cause of climate change.
