The centerpiece deal of the COP28 climate summit in Dubai was reached on Wednesday with the world uniting to make an unprecedented call for transitioning away from fossil fuels. Despite this, the agreement, known as the Global Stocktake, includes many loopholes that could still permit the use of coal, oil, and gas.
The COP28 deal is being hailed by some countries and climate experts as the beginning of the end for the fossil fuel era, although it stops short of urging the world to "phase-out" oil, coal, and gas, as requested by over 100 countries and numerous climate groups. This is a developing story and will be updated.