A senior German government official says there is"a chance" that a deal to accelerate the phase-out of fossil fuels can be concluded at COP28.
In the joint statement at their meeting in Sapporo, Japan, G7 energy and climate ministers agreed"to accelerate the phase-out of unabated fossil fuels so as to achieve net zero in energy systems by 2050 at the latest". The German economy ministry, which also oversees climate policy, was not immediately available for comment.The G7 also set big new collective targets for solar power and offshore wind capacity, agreeing to speed up renewable energy development, part of a wider push to address the energy crisis provoked by Russia's invasion of Ukraine.
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