DUBAI (Reuters) – United Nations Secretary-General Antonio Guterres told world leaders on Friday that the burning of fossil fuels must be stopped outright and a reduction or abatement in their use would not be enough to stop global warming.
“We cannot save a burning planet with a fire hose of fossil fuels,” Guterres said in a speech to the COP28 summit in Dubai.
“The 1.5-degree limit is only possible if we ultimately stop burning all fossil fuels. Not reduce. Not abate.”
He urged fossil fuel companies to invest in a transition to renewable energy sources and told governments to help by forcing that change – including through the use of windfall taxes on industry profits.
“I urge governments to help industry make the right choice – by regulating, legislating, putting a fair price on carbon, ending fossil fuel subsidies, and adopting a windfall tax on profits,” he said.
(Reporting by William James, editing by Elizabeth Piper)
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