So, a deal has been reached. The world has agreed on what Cop 28 president Sultan al-Jaber has called a ‘robust action to keep 1.5 Celsius in reach’. The world is to ‘transition away’ from fossil fuels.
And meanwhile, back in the real world? If the world really had just made a meaningful commitment to end the use of fossil fuels, you might have expected shares in oil companies to have crashed this morning.
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