COP27: Last minute objections threaten historic UN climate deal


Source: firstpost.com firstpost.com

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Sharm el-Sheikh, Egypt: A last minute fight over emissions cutting and the overall climate change goal is delaying a potentially historic deal that would create a fund for compensating poor nations that are victims of extreme weather worsened by rich countries’ carbon pollution. “We are extremely on overtime. There were some good spirits earlier today. I think more people are more frustrated about the lack of progress,” Norwegian climate change minister Espen Barth Eide told The Associated Press. He said it came down to getting tougher on fossil fuel emissions and retaining the goal of limiting warming to 1.5 degrees...