Gloomy businesses urge COP28 to act on carbon price, fossil fuel subsidies ...Middle East

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Gloomy businesses urge COP28 to act on carbon price, fossil fuel subsidies
More than 100 businesses call for end to fossil fuel subsidies Expectations for some are low given geopolitical tension Companies say need progress on global carbon price LONDON, Nov 28 (Reuters) – Businesses say more ambitious policies are needed urgently to drive the transition to clean energy, including an end to fossil fuel subsidies and agreement on a global carbon price, as climate talks begin in Dubai this week. Their expectations the COP28 U.N. summit, beginning on Thursday, will deliver clear action are low as governments disagree over the future role of fossil fuels, leaders are distracted by war, and global economic weakness has led to backtracking across the world on clim

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