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COP28 Forced Into Overtime As Fossil Fuel Phase-Out Divides Countries

The COP28 climate talks went into overtime on Tuesday and countries engaged in shuttle-diplomacy to seek a new draft agreement and try to close a rift over ending the world's use of fossil fuels.

Carbon tax turns into climate fight at COP28

Known as the Carbon Border Adjustment Mechanism, the tax wants to set a price on the carbon emitted to make energy-intensive products like iron, steel, cement, fertilizers and aluminium in non-EU countries.

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