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Monday, February 26, 2024

COP28 pledges meet only 30% of needed energy emission cuts: IEA

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Pledges made so far at the COP28 climate summit will only reduce energy-related greenhouse gas emissions by 30 percent of what is needed by 2030, the International Energy Agency said Sunday.

The group released an assessment of non-binding promises made in Dubai by governments and the oil and gas industry — tripling renewable energy and doubling energy efficiency by 2030, as well as sharp cuts in methane emissions.

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