G7 ministers set big new targets for solar and wind capacity

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Foreign ministers from G7 nations stop short of endorsing a 2030 deadline for phasing out coal sought by Canada and other, and leave door open for continued investment in natural gas

The Group of Seven rich nations on Sunday set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development and move toward a quicker phase-out of fossil fuels.

G7 ministers finish two days of meetings on climate, energy and environmental policy in the northern Japanese city of Sapporo on Sunday. Renewable fuel sources and energy security have taken on a new urgency following Russia’s invasion of“Initially people thought that climate action and action on energy security potentially were in conflict.

On coal, the countries agreed to prioritize “concrete and timely steps” towards accelerating the phase-out of “domestic, unabated coal power generation,” as a part of a commitment last year to achieve at least a “predominantly” decarbonised power sector by 2035. “We are trying to find ways some who are more coal-dependent than others to find technical pathways how to do that,” he said.

 

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With China building coal plants every week; Germany shutting down carbon-free nuclear plants and also reactivating coal fire plants, may be time to covert funds to the Chinese yen. (G7 may be pandering, though, for the eco-extremists for votes).

how bout nuclear?

The biggest winner would be China, right?

Ask Germany how that’s going. We are being led by fools, while China laughs at us.

You're idiots. Clearly you have zero concept of how any of these solar panels and wind turbines are made. The manufacturing out put is small and lacks the proper supply chains. Some like 60% of the solar panels are made in China and their entire industry is dependent on coal

Green agenda is a blackhole of bad ideas. The fact that our 'leaders' are so focused on it proves that there is not a original thinker in the batch. We need proven and applicable economic engines to raise the standard of peoples lives, first in Canada, and then home. Enviro 2nd

Good news for our competitors.

Climate is not man made

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