Nations strike deal at Cop28 to transition away from fossil fuels

Representatives from nearly 200 countries agreed at the Cop28 climate summit in Dubai to begin reducing global consumption of fossil fuels, signaling the eventual end of the oil age. The deal aims to send a powerful signal to investors and policymakers about the world's commitment to breaking with fossil fuels. The agreement faced opposition from Opec, but small climate-vulnerable island states and major oil and gas producers supported the phasing out of fossil fuels.