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G-7 Pledges Put Coal on Notice, Could Boost Climate Aid

Friday May 27, 2022. 06:40 PM , from Slashdot
Officials from the Group of Seven wealthy nations announced Friday that they will aim to largely end greenhouse gas emissions from their power sectors by 2035, making it highly unlikely that those countries will burn coal for electricity beyond that date. From a report: Ministers from the G-7 countries meeting in Berlin also announced a target to have a 'highly decarbonized road sector by 2030,' meaning that electric vehicles would dominate new car sales by the end of the decade. And in a move aimed at ending the recurring conflict between rich and poor nations during international climate talks, the G-7 recognized for the first time the need to provide developing countries with additional financial aid to cope with the loss and damage caused by global warming. The agreements, which will be put to leaders next month at the G-7 summit in Elmau, Germany, were largely welcomed by climate activists. 'The 2035 target for power sector decarbonisation is a real breakthrough. In practice, this means countries need to phase out coal by 2030 at the latest,' said Luca Bergamaschi, director of Rome-based campaign group ECCO.

Read more of this story at Slashdot.
https://news.slashdot.org/story/22/05/27/1639242/g-7-pledges-put-coal-on-notice-could-boost-climate-...
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