G7 Reaches Deal To Exit From Coal By 2035

An anonymous reader quotes a report from Reuters: Energy ministers from the Group of Seven (G7) major democracies reached a deal to shut down their coal-fired power plants in the first half of the 2030s, in a significant step towards the transition away from fossil fuels. 'There is a technical agreement, we will seal the final political deal on Tuesday,' said Italian energy minister Gilberto Pichetto Fratin, who is chairing the G7 ministerial meeting in Turin. On Tuesday the ministers will issue a final communique detailing the G7 commitments to decarbonize their economies. Pichetto said the ministers were also pondering potential restrictions to Russian imports of liquefied natural gas to Europe which the European Commission is due to propose in the short-term.

The agreement on coal marks a significant step in the direction indicated last year by the COP28 United Nations climate summit to phase out fossil fuels, of which coal is the most polluting. Italy last year produced 4.7% of its total electricity through a handful of coal-fired stations. Rome currently plans to turn off its plants by 2025, except on the island of Sardinia where the deadline is 2028. In Germany and Japan coal has a bigger role, with the share of electricity produced by the fuel higher than 25% of total last year. 'This is another nail in the coffin for coal,' said Dave Jones, Ember's Global Insights program director. 'The journey to phase out coal power has been long: it's been over seven years since the UK, France, Italy, and Canada committed to phase out coal power, so it's good to see the United States and especially Japan at last be more explicit on their intentions.'

'The problem is that whilst coal power has already been falling, gas power has not. G7 nations already promised to 'fully or predominantly' decarbonize their power sectors by 2035, and that would mean phasing out not only coal by 2035 but also gas. Coal might be the dirtiest, but all fossil fuels need to be ultimately phased out.'

Further reading: Countries Consider Pact To Reduce Plastic Production By 40% in 15 Years

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