Analysis: COP28 climate deal loopholes

What are the loopholes in the COP28 climate deal? Nations struck a historic deal on Wednesday at the COP28 climate summit in Dubai to transition the global economy away from fossil fuels. But some delegations and environmental groups say it contains major loopholes that could keep oil, gas, and coal flowing indefinitely. Valerie Volcovici Reuters

One of them is the inclusion of a phrase calling for accelerated deployment of carbon capture.

Carbon capture is a technology that would theoretically allow users of oil gas and coal to keep their emissions from reaching the atmosphere by capturing them at the source, and storing them permanently underground.

Lots of people are skeptical about carbon capture. It is expensive and has yet to be proven at the scale needed to impact climate change. And environmental groups call it a false flag that justifies continued drilling.

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