G20 bloc fails to reach agreement on cutting fossil fuels | Business

📆 22/07/2023 22:30:00
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The Group of 20 major economies meeting in India failed on Saturday to reach consensus on phasing down fossil fuels following objections by some producer nations. | News24_Business

Scientists and campaigners are exasperated by international bodies' foot-dragging on action to curb global warming even as extreme weather from China to the United States underlines the climate crisis facing the world.

But it was dropped due to disagreements including the intended tripling of renewable energy capacities by 2030. Fossil fuel use became a lightning rod in day-long discussions, but officials failed to reach consensus over curbing"unabated" use, two sources familiar with the matter said.

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