The Group of Seven nations on Sunday pledged to rapidly scale up technologies and policies that accelerate the transition away from unabated coal capacity, including ending new government support for coal power by the end of this year.
The countries, in a communique following their summit in Britain, confirmed pledges to increase climate finance contributions as part of efforts to reduce emissions that contribute to climate change and help a move toward cleaner energy, although climate groups said firm cash promises and other details were missing.
“Coal power generation is the single biggest cause of greenhouse gas emissions,” the seven nations – the United States, Britain, Canada, France, Germany, Italy and Japan – said, adding “continued global investment in unabated coal power generation is incompatible with keeping 1.5°C within reach.”
“We stress that international investments in unabated coal must stop now and we commit now to an end to new direct government support for unabated international thermal coal power generation by the end of 2021,” they said.
U.S. President Joe Biden, speaking after the summit, noted a commitment of up to $2 billion “to support developing countries as they transition away from unabated coal-fired power.”
The nations, in their statement, vowed to focus on other technologies, including carbon capture, to help speed up the transition away from coal.
"We will focus on accelerating progress on electrification and batteries, hydrogen, carbon capture, usage and storage, zero emission aviation and shipping, and for those countries that opt to use it, nuclear power," the communique said.
- End stalemate, govt with full powers
- Vizione eyes new govt’s affordable housing projects
- Changing times: What a new govt means for Corporate Malaysia
- A new govt of hope
- 'From coal to clean' – UK does not need to turn to gas, says WWF
- LG G7 ThinQ vs. Samsung Galaxy S9 Plus: Clash for the heavyweight title
- Will Amy McGrath vs. Andy Barr open a new battlefront in the 'war on coal?'
- Guest opinion: BLM fails to change with coal market
- Govt plans power tariff cut to reduce cost of production
- The Eviction Machine Churning Through New York City
- Govt in race against time to update data privacy law
- Harvey Weinstein Arrested and Handcuffed on Rape Charges in New York
- Brexit: EU beats UK to opening trade deal talks with Australia and New Zealand
- New York Has Given Away the Keys to More Than a Prius
- LG G7 ThinQ review: a big price for small improvements
- Kenya: How Kenyan Football Fans Received Appointment of Harambee Stars' New Coach
- Connecting with Coal Country: What I learned visiting Kentucky with Hands Across the Hills
- N.D. House candidates largely agree in first debate
- Nigeria: Trouble for Obasanjo As Govt Revisits Probe of $16Bn Power Spending
- Does Sprint actually think it can charge $42 more than everyone else for the LG G7?
G7 agrees to end new gov’t support for coal power by end of 2021 have 451 words, post on tuoitrenews.vn at June 14, 2021. This is cached page on Talk Vietnam. If you want remove this page, please contact us.