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Posted on 23rd May 2021
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Show all posts in this thread (the environment).
This report on the BBC gives me some reason to be hopeful.
The G7 (the UK, the US, Canada, Japan, France, Italy and Germany) have finally decided to take action to reduce the use of fossil fuels.
Specifically, G7 environment ministers have agreed that they will deliver climate targets in line with limiting the rise in global temperatures to 1.5C. As part of this they have agreed to stop direct funding of coal-fired power stations in poorer nations by the end of 2021, and made a commitment to safeguarding 30% of land for nature by 2030 to boost wildlife and help soak up carbon emissions.
The problem that I have with all this is that this has taken so long to happen, and that the G7 nations are not putting their money where their mouths are. For example the British government decided (in January this year) to give the go-ahead for a new coal mine in Cumbria, as reported here by the BBC. All of the G7 nations still generate a significant proportion of the electricity from coal. Natural gas (also a fossil fuel) is being increasingly used for heating, cooking and electricity generation.
Germany uses mainly lignite (the most polluting kinds of coal) for electricity generation, and only plans to phase out coal fired power by 2038, as reported here by the World Economic Forum.
China (not part of the G7) is still building new coal-fired power stations, and they are not alone in this.
It seems like the rich nations are telling the poor nations they have to be green, while continuing to not be green themselves. I think it is time for the G7 to lead by example.
What really needs to happen is to:
There should be no loans or grants for the above, anywhere in the world.