Ministers in the G7 group have insisted they will not let the energy crisis derail efforts to fight climate change.
Ministers of the Group of Seven on Friday called on OPEC to act responsibly to mitigate the global energy crisis brought on by the Russian invasion of Ukraine, even as they called for phasing out coal-fired electricity. announced a successful commitment to The call focused on climate change at the end of the three-day talks in Berlin underscored how the world’s major economies were grappling with how to control inflation and high energy prices while sticking to environmental targets. OPEC and its allies, known as OPEC+, have so far rejected Western calls for a rapid increase in oil production to cushion rising prices.
“We call on oil and gas producing countries to act in a responsible manner and respond to tightening of international markets, noting that OPEC has an important role to play,” a release at the end of the G7 talks said. “
“We will work with them and all partners to ensure a stable and sustainable global energy supply.”
Ministers in the G7 group have insisted they will not let the energy crisis derail efforts to fight climate change.
He announced a commitment Friday to work to phase out coal-fired energy, though failed to set a date for doing so.
The commitment was weaker than a previous draft of the final release seen by Reuters, which included a goal to end unsustainable coal power generation by 2030.
Sources familiar with the discussions said both Japan and the United States had indicated they could not support that date. But the pledge still marks the G7 countries’ first commitment to give up coal-fueled electricity. Coal is the most CO2 emitting fossil fuel and its use needs to be reduced if the world is to survive the worst effects of climate change.
The G7 aims to begin publicly reporting next year how countries are meeting a previous commitment to end “inefficient” fossil fuel subsidies by 2025.
The war in Ukraine has triggered a scuffle between some countries to buy more non-Russian fossil fuels and burn coal to reduce reliance on Russian supplies.
“The replacement of fossil fuels by Russia has dominated political debate and government actions over the past weeks and months,” German Economy Minister Robert Habeck told a news conference.
“But it should be clear to us that the challenges of our political generation limiting global warming will not go away if we focus only on the present,” he said. “Time is really running out.”
The G7 agreed to largely decarbonize its power sectors by 2035 and to halt public funding for “uninterrupted” fossil fuel projects abroad by the end of this year, except in limited circumstances. “Unconnected” refers to power plants that do not use technology to capture their emissions.
The release made a commitment to a highly carbon-free road sector by 2030, which includes a significant increase in sales, share and offtake of light duty vehicles with zero emissions.
The G7 aims to begin publicly reporting next year how countries are meeting a previous commitment to end “inefficient” fossil fuel subsidies by 2025.
Hebek would not be drawn on which countries stood in the way of agreeing a date to phase out coal.
“The real question is whether we can make progress compared to the status quo. I would say, even if ‘better’ is the enemy of ‘good’ – more is always possible – we have taken a step forward with this convention,” he said. Told.
He said efforts to find alternatives to Russian natural gas supplies have paid off.
“But we must be careful not to be too successful. We don’t want to build a natural gas industry in the next 30 or 40 years that we don’t want anymore.”
The G7 also promised to take ambitious action against plastic pollution and increase national efforts to conserve or protect at least 30% of its own coastal and marine areas by 2030.
Britain’s COP26 climate talks chair Alok Sharma said, “The international scene has really been clouded in recent months. With (Russian President Vladimir) Putin’s illegal and brutal invasion of Ukraine, war has unfortunately returned to Europe. “
“The current crisis must increase, not diminish, our determination to meet the challenges we face on climate, energy and the environment.”
0 notes
(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)
for the latest auto news And reviewFollow carandbike.com Twitter, Facebookand ours. subscribe to youtube Channel.