"The meeting of Group of Seven energy and environment ministers ended Sunday without a deadline to halt new coal investments or the kinds of firm commitments that climate advocates have said are necessary to limit global warming.
In its official communique, the Group of Seven ministers pledged to work toward cleaning emissions from power generation and reducing vehicle emissions by 2035, but it left open the door to new investment in natural gas and ongoing use of fossil fuels.
“It falls short of being the clarion call to action that was needed,” Alden Meyer, a senior associate at consultant E3G said in a Twitter Spaces conversation. The group undermines its global authority, he added, “every time they allow carve-outs on issues like international fossil fuel finance.”"
Shoko Oda and Tsuyoshi Inajima report for Bloomberg Green April 16, 2023.
SEE ALSO:
"Factbox: Key Excerpts From G7 Statement On Energy And Climate Change" (Reuters)
"G7 Ministers Set Big New Targets For Solar And Wind Capacity" (Reuters)
"G7 Pledges To Quit Fossil Fuels Faster, But No New Deadline" (AFP)
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