G7 commit to coal phase-out

The G7 group of nations has made a commitment to work towards the phasing out of coal.

Reuters has reported that the G7 have also pledged to largely decarbonise their power sectors by 2035 but set no definite date for the complete phasing out of coal. In addition, there is agreement to end public finance for overseas fossil-fuel projects and to make all vehicles “predominantly” zero-emissions by 2030.

The focus on overseas projects is in particular a significant move as it demonstrates that the G7 are now considering climate change in a truly global way and seeking to reduce all emission across the world.

In part the acceleration of moving from fossil fuels has been kick-stated by the need to move away from Russian gas and oil.

    Share Story:

Recent Stories