G7 Commits To Ambitious Solar And Wind Targets, But Avoids 2030 Coal Phase-Out

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The Group of Seven rich nations recently agreed to accelerate the development of renewable energy and accelerate the phasing out of fossil fuels. In addition, they agreed to set significant new collective goals for the capacity of offshore wind and solar power.

In any case, they avoided embracing a 2030 cutoff time for eliminating coal that Canada and different individuals had pushed for, and welcomed proceeding with interest in gas, saying that area could assist with tending to potential energy setbacks.

“Amidst an extraordinary energy emergency, it means quite a bit to think of measures to handle environmental change and advance energy security simultaneously,” Japanese industry minister Yasutoshi Nishimura told a news gathering.

“While acknowledging that there are various pathways to carbon neutrality, we agreed on the importance of aiming for a common goal towards 2050,” he added.

On Sunday, G7 ministers concluded two days of discussions on climate, energy, and environmental policy in the northern Japanese city of Sapporo. Following Russia’s invasion of Ukraine, renewable energy sources and energy security have taken on new relevance.

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“Initially, people believed that climate action and energy security action were potentially at odds.” “However, discussions we had and which are reflected in the communique show that they actually work together,” said Jonathan Wilkinson, Canada’s minister of natural resources.

The members pledged to collectively increase offshore wind capacity by 150 gigawatts and solar capacity to over 1 terawatt in their communiqué.

Poland and Hungary have briefly ended imports of Ukrainian grain notwithstanding an admonition from Brussels that such one-sided activity would contradict EU exchange strategy.

Polish and Hungarian officials made the announcement in an effort to reassure farmers in the face of a glut of grain that has pushed down prices on their own domestic markets as cheap grain from Ukraine competes with local producers.

The majority of the grain was intended to be reexported from the EU to the Middle East in order to support Ukraine’s economy and alleviate food shortages brought on by the war.

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