UK forms nuclear alliance designed to edge Russia out of international market

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Business News News

Business Business Latest News,Business Business Headlines

The UK was among five G7 members to join the alliance to share nuclear power fuel supply chains. Fellow member Germany has just completed its ditching of nuclear fuel. The G7 climate and energy ministers were criticised for leaving the door open to further fossil fuel financing.

Ministers from the Group of Seven rich nations were finishing two days of meetings on climate, energy and environmental policy on Sunday.

And they underlined a commitment to"accelerate the phase-out of unabated fossil fuels so as to achieve net zero in energy systems by 2050 at the latest". The G7 climate and energy ministers said:"Investment in the gas sector can be appropriate to help address potential market shortfalls provoked by the crisis, subject to clearly defined national circumstances, and if implemented in a manner consistent with our climate objectives and without creating lock-in effects."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And is that why the UK wants to open more coal mines

Like a bunch of mean teen girls.

Russia’s Pacific Fleet holds large-scale naval drills to test readiness

Boycotting Russia has done is no favours.

Will probably be about as unsuccessful and counterproductive as the Sanctions have been.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in BUSİNESS

Business Business Latest News, Business Business Headlines