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Charles Kennedy

Charles Kennedy

Charles is a writer for Oilprice.com

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G7 Urged To Take The Lead In Phasing Out Fossil Fuels

  • A group of nations urged the G7 to take the lead in phasing out fossil fuels.
  • The small island nations of the Marshall Islands, Palau, Saint Lucia, and Vanuatu are extremely vulnerable to climate change and have increased their influence at the UN discussions about ways to curb the rise in global temperatures.
  • The G7 leaders gathered on Friday for their three-day summit in Japan, which is expected to tackle climate issues alongside geopolitical topics.
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Several countries, including the Netherlands, Chile, and New Zealand, are calling on the G7 to lead by example and take the lead in phasing out fossil fuels, according to a letter sent to the group of the world’s most industrialized nations, which Reuters has seen.

“We must bring the fossil fuel era to an end and phase out fossil fuels,” the Netherlands, Chile, New Zealand, the Marshall Islands, Palau, Saint Lucia, and Vanuatu wrote in the letter.

The small island nations of the Marshall Islands, Palau, Saint Lucia, and Vanuatu are extremely vulnerable to climate change and have increased their influence at the UN discussions about ways to curb the rise in global temperatures.

“We call on you to take the lead and work with us to agree this at COP28,” the letter reads, referring to the climate summit to be held in Dubai at the end of this year.

The G7 leaders gathered on Friday for their three-day summit in Japan, which is expected to tackle climate issues alongside geopolitical topics such as the Russian invasion of Ukraine and the relations of the West with China.

The G7 group was struggling to find common ground on committing to phasing out coal power generation by 2030 ahead of a summit of climate ministers in Japan in April.

While all G7 members were firm on the issue of a coal phase-out, they appeared unable to agree on a single deadline for that.  

Canada and several other G7 members committed to a coal phase-out by 2030, but others refrained from making such a commitment.

The main commitments of the G7 climate ministers last month were to work to boost solar and wind power generation capacity. They agreed to look to increase offshore wind energy generation capacity by 150 gigawatts and a similar boost to solar capacity to over 1 terawatt.

By Charles Kennedy for Oilprice.com

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Leave a comment
  • Hugh Williams on May 20 2023 said:
    As far as I can tell there is no reason to give up so called fossil fuels because the carbon dioxide created from burning these has no connection to climate change. We are nearing the end of a 125,000 year climate cycle. At the end of the last one the sea level was six meters higher than it is now and the increase in the sea level now is about one foot per one hundred years. Therefore the media panic about massing flooding is overdone to say the least. Energy comes from the sun and about the same amount is radiated away from the earth each day. NASA measured the radiated energy for years and there was no decrease, i.e., no greenhouse effect. Carbon dioxide has little effect on blocking radiated energy and if the amount of CO2 would double it would hardly be noticed. Ref: Unsettled--What climate science tells us, what it doesn’t, and why it matters by Dr. Steven E. Koonin, former Undersecretary for science, US Dept of Energy.
  • Mamdouh Salameh on May 20 2023 said:
    It is impossible to phase out oil and gas throughout the 21st century and probably far beyond. Oil and gas are here to stay.

    There is inseparable link between oil and gas on the one hand and the global economy. On the other hand. Destroy one and you destroy the other and vice versa.

    Those who call for phasing out of oil and gas belong to one of three groups: the militant environmental activists with their own political agenda or those who believe it is trendy to call for keeping oil and gas underground or ignorant of the facts of life about the mechanics of the global economy. Either way, they are totally wrong.

    Dr Mamdouh G Salameh
    International Oil Economist
    Global Energy Expert

Leave a comment




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