EU’s von der Leyen regrets Cop’s coal compromise
- Date: 15-Nov-2021
- Source: Argus Media
- Sector:Financial Markets
- Country:Egypt
EU’s von der Leyen regrets Cop’s coal compromise
Brussels, 15 November (Argus) — The "watering down" of language related to coal use is one of the "shadowy" points of the agreement reached at the UN Cop 26 climate summit at the weekend, European Commission president Ursula von der Leyen said today.
India and China won a last-minute battle to change the language on coal in the cover text of the agreement. The final text calls on countries to adopt policies "accelerating efforts towards the phase-down of unabated coal power", whereas previous drafts mentioned phasing out coal.
"It's disappointing that the coal phase-out has been watered down to a coal phase-down. That happened at the very last minute," von der Leyen said.
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