EU condemns 'out of whack' OPEC attempt to block COP28 fossil fuel deal | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
June 12, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JUNE 12, 2025
EU condemns 'out of whack' OPEC attempt to block COP28 fossil fuel deal

Climate Change

Reuters
10 December, 2023, 10:15 am
Last modified: 10 December, 2023, 10:20 am

Related News

  • EU urges democratic reforms in Bangladesh's political transition
  • Microsoft offers to boost European governments' cybersecurity for free
  • ‘Unacceptable and inadequate’: Experts slam govt for allocating only 0.67% of GDP to 25 climate-related ministries
  • Budget FY26: Tk100cr allocation proposed for tackling climate change risks
  • Philippines and EU to set up security and defence dialogue: minister

EU condemns 'out of whack' OPEC attempt to block COP28 fossil fuel deal

Nearly 200 countries meeting in Dubai for the UN's COP28 climate summit are debating whether to agree, for the first time, to eventually end the world's use of fossil fuels, the main cause of climate change

Reuters
10 December, 2023, 10:15 am
Last modified: 10 December, 2023, 10:20 am
People hold placards and banners during a protest for climate justice and a cease fire in Gaza, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, during the United Nations Climate Change Conference COP28, in Dubai, United Arab Emirates, December 9, 2023. REUTERS/Amr Alfiky
People hold placards and banners during a protest for climate justice and a cease fire in Gaza, amid the ongoing conflict between Israel and the Palestinian Islamist group Hamas, during the United Nations Climate Change Conference COP28, in Dubai, United Arab Emirates, December 9, 2023. REUTERS/Amr Alfiky

The European Union's climate chief on Saturday heavily criticised an attempt by OPEC to derail a COP28 deal on phasing out fossil fuels, calling the move by the oil producers' club "unhelpful" and "out of whack".

Nearly 200 countries meeting in Dubai for the UN's COP28 climate summit are debating whether to agree, for the first time, to eventually end the world's use of fossil fuels, the main cause of climate change.

In an unusual intervention, OPEC Secretary General Haitham Al Ghais this week urged countries in the OPEC+ group to reject any COP28 deal targeting fossil fuels, in a letter seen by Reuters.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

"By many, including by me, that has been seen as out of whack, as unhelpful, as not in tune with where the world stands in terms of the very dramatic situation of our climate," EU climate commissioner Wopke Hoekstra said of the OPEC letter.

"We're here not to basically pay attention to our narrowly defined national or financial interests ... we're here to do what is right for the future of the world," Hoekstra told Reuters in an interview.

At least 80 countries including the 27-member EU, the United States and climate-vulnerable island nations are demanding a COP28 deal to phase out fossil fuels, as scientists urge ambitious action to avert the worst impacts of climate change.

"This should be the beginning of the end of fossil, and we all have to acknowledge this, whether we produce oil, consume oil, or not," Hoekstra said.

He said it would be a "scandal" if COP28 failed to produce a deal that would give the world a chance of limiting global warming to 1.5 degrees Celsius - the limit scientists say would avoid its most disastrous impacts.

A former Dutch foreign affairs minister, Hoekstra began his own career with a three-year stint at oil major Shell.

Observers and negotiators at COP28 said countries including Saudi Arabia and Russia - members of OPEC and OPEC+, respectively - have been the strongest opponents of a fossil fuel phase-out deal at COP28.

Coal, oil and gas account for more than 75% of global greenhouse gas emissions, which are fuelling worsening climate impacts including fatal heat, drought and rising sea levels.

Burning fossil fuels has served as the engine of modern life, and developing countries at the UN climate talks are demanding far more financial support to help them invest in clean energy.

Even with the growth of renewables, fossil fuels produce around 80% of the world's energy.

Alden Meyer, a COP28 delegate with think-tank E3G, said it was the first time OPEC's Secretariat has intervened in UN climate talks with a letter like the one it sent this week. "It indicates a whiff of panic," he said.

World+Biz / Europe

European Union (EU) / climate change / COP28

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Saifuzzaman Chowdhury. Photo: Collected
    UK crime agency now freezes assets of ex-land minister Saifuzzaman: AJ
  • Chief Adviser Muhammad Yunus speaks at the Chatham House in London on 11 June 2025. Photo: CA Press Wing
    No desire to be part of next elected govt: CA Yunus
  • File photo of BNP Standing Committee Member Amir Khasru Mahmud Chowdhury. Photo: Collected
    Khasru flies to London ahead of Yunus-Tarique meeting

MOST VIEWED

  • Illustration: Duniya Jahan/ TBS
    Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon
  • A file photo of Bangladesh Bank Governor Dr Ahsan H Mansur. Photo: Collected
    'I have no relation with this': Ahsan Mansur debunks Joy’s allegations over daughter’s Dubai flat
  • Faiz Ahmad Tayeb. Photo: BSS
    Import duty on raw materials for e-bikes, lithium batteries reduced from 80% to 1% in some cases: Faiz Taiyeb
  • File photo of ex-prime minister Sheikh Hasina and her son Sajeeb Wazed Joy. Photo: Collected
    Joy spends Eid with Hasina in India: Indian media
  • Mercantile Bank withholds dividend amid Tk1,700cr provision shortfall
    Mercantile Bank withholds dividend amid Tk1,700cr provision shortfall
  • Shakil Ahmed. Photo: Collected
    DU student allegedly hangs himself following threats over old derogatory comment about Prophet on Facebook

Related News

  • EU urges democratic reforms in Bangladesh's political transition
  • Microsoft offers to boost European governments' cybersecurity for free
  • ‘Unacceptable and inadequate’: Experts slam govt for allocating only 0.67% of GDP to 25 climate-related ministries
  • Budget FY26: Tk100cr allocation proposed for tackling climate change risks
  • Philippines and EU to set up security and defence dialogue: minister

Features

Among pet birds in the country, lovebirds are the most common, and they are also the most numerous in the haat. Photo: Junayet Rashel

Where feathers meet fortune: How a small pigeon stall became Dhaka’s premiere bird market

9h | Panorama
Illustration: Duniya Jahan/ TBS

Forget Katy Perry, here’s Bangladesh’s Ruthba Yasmin shooting for the moon

1d | Features
File photo of Eid holidaymakers returning to the capital from their country homes/Rajib Dhar

Dhaka: The city we never want to return to, but always do

2d | Features
Photo collage shows political posters in Bagerhat. Photos: Jannatul Naym Pieal

From Sheikh Dynasty to sibling rivalry: Bagerhat signals a turning tide in local politics

4d | Bangladesh

More Videos from TBS

Why is Omicron XBB more contagious?

Why is Omicron XBB more contagious?

5h | TBS Stories
What did Dr. Yunus say at the Chatham House Dialogue in London?

What did Dr. Yunus say at the Chatham House Dialogue in London?

6h | TBS Today
News of The Day, 11 JUNE 2025

News of The Day, 11 JUNE 2025

7h | TBS News of the day
WB predicts worst decade for global growth since 60s

WB predicts worst decade for global growth since 60s

9h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net