G7 countries will no longer subsidize coal-fired power plants

LeeThe wealthy G7 countries vowed on Friday to end public assistance to coal plants this year, a “strong gesture” to step up their efforts to limit global warming. Three weeks before the G7 summit in England and six months before the COP26 climate conference in Glasgow, environmental ministers from Germany, Canada, the United States, France, Italy, Japan and the United Kingdom called for “ambitious and quick efforts” to reduce Has resolved Their CO2 emissions.

The aim is to limit the increase in temperature below 1.5 ° C compared to the pre-industrial era, a limit beyond which scientists believe climate change will get out of hand. But this would require “significant action on behalf of all countries and especially the major emitting economies”, the G7 recognized in its press release.

To move in this direction, industrial powers first attacked coal, “the main reason for the rise in temperature”: “Acknowledging that global investment in coal-fired electricity generation will continue ‘with a target of 1.5 ° C Incompatible. We emphasize that international investment in unused coal should now stop. ”

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These countries therefore promise “concrete measures towards the complete end of new direct public assistance for coal-fired electricity generation by the end of 2021”. For the German Environment Minister, Svenja Schulz, this is “an important step because only in this way can we, the industrialized nation, reliably demand that others follow us in this way”.

“This is a very strong signal to the world that coal is the energy of the past and has no place in our energy mix,” said Barbara Pompili, French minister for ecological transition in The Guardian newspaper. . “It was a very difficult decision, especially for Japan.”

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Chairman of COP26, Alok Sharma also welcomed “a clear indication to the planet that coal is in crisis”, presenting it as “a major step towards a zero emission economy”. Initially scheduled for November 2020, this summit, which will bring together leaders from 196 countries as well as companies and experts, was postponed last year due to the Kovid-19.

But with British officials confirming in mid-May that they wanted to put it face-to-face in November, Alok Sharma presented the incident as a “last hope” of keeping the temperature rise below 1.5 degrees Celsius. “Science suggests that a two-degree increase would mean millions more people would be affected, many plant species and three times as many insect species would lose a large portion of their habitat.” , He warned then.

According to the United Nations, emissions should be reduced by about 8% per year so that the overall increase of 1.5 ° C provided for in the Paris Agreement does not exceed, which would be equivalent to saving the same amount of emissions each year by 2030. During the epidemic.

Beyond coal, G7 countries have agreed to “significantly accelerate” their efforts to get rid of hydrocarbons for transportation in the coming decade. He promised to act as a “champion” of diversity by conserving or protecting at least 30% of the planet’s land and 30% of the oceans to prevent harm in terms of diversity.

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This week, the International Energy Agency (IEA) estimated that the world should abandon any new oil or gas project already approved to achieve carbon neutrality by 2050 and “limit” global warming to 1.5 degrees Celsius. There is a chance of

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The British arm of ecological organization Greenpeace welcomed the announced measures on coal: “It isolates China on the international scene with its funding into the most polluting energy source”. “Unfortunately, a lot of the commitments remain unclear, when we need to do them accurately and with a timetable,” the organization regretted.

The G7 press release marked a “turning point”, which also reacted to Alden Meyer, the head of the E3G think tank. “But there is still a long way to go to fulfill these promises, both by implementing more ambitious national policies and by significantly increasing the resources needed to enable a shift away from fossil fuels in developing countries.”

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