G7 pledges could inform coal and boost climate aid – Lexington-Fayette, Kentucky

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Lexington-Fayette, Kentucky 2022-05-27 10:43:29 –

Officials from the wealthy countries of the Group of Seven have announced that they are aiming to significantly end greenhouse gas emissions from the electricity sector by 2035.

This move makes it very unlikely that these countries will burn coal for electricity beyond that day. G7 ministers in Berlin on Friday also announced their goal of having a “highly decarbonized road sector by 2030.”

This means that electric cars will dominate new car sales by the end of the decade. The G7 also recognized for the first time the need to provide additional financial assistance to developing countries to address the losses and damages caused by global warming.

The agreement was greatly welcomed by climate supporters.

Alok Sharma, who led the United Nations Climate Change Conference last year, said it was time for the G-7 countries to lead the fight against climate change.

“Government needs to deal with urgent and serious energy demand, but it can and must do this without limiting medium- to long-term emissions,” he said.

He added that countries need to go beyond what is set by the Paris Agreement so that the world does not break the temperature rise of 1.5 degrees Celsius.

“We are equally united in the view that climate and environmental security are completely synonymous with energy and national security, and I cannot exaggerate them,” he said. “To solve the global energy crisis and the chronic climate crisis, we need the same solution: reducing our reliance on fossil fuels as part of a controlled transition.”

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