Americas > G7 finds compromise on gas, pledges to boost efforts for fossil fuel phase out by 2050

G7 finds compromise on gas, pledges to boost efforts for fossil fuel phase out by 2050

Published 07:31 on April 17, 2023  /  Last updated at 17:40 on April 17, 2023  / /  Americas, Asia Pacific, EMEA, International, Japan

G7 energy ministers pledged to accelerate efforts to phase out unabated fossil fuels to reach net zero emissions by 2050 and set specific solar and wind power targets, but in a compromise allowed for continued investment in gas to meet shorter term energy security priorities in a communique released by the group after its weekend summit concluded in Sapporo, Japan.
G7 energy ministers pledged to accelerate efforts to phase out unabated fossil fuels to reach net zero emissions by 2050 and set specific solar and wind power targets, but in a compromise allowed for continued investment in gas to meet shorter term energy security priorities in a communique released by the group after its weekend summit concluded in Sapporo, Japan.


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