Related Articles
The G7 sees coal as incompatible with Paris goals
Forward article link
Share PDF with colleagues

G7 to halt new support for unabated coal by year-end

Countries to focus on accelerating progress of technologies including hydrogen, batteries and carbon capture, usage and storage

The G7 nations have committed to end new direct government support for unabated thermal coal power generation by the end of this year, according to a statement issued following recent talks hosted by the UK. “To accelerate the international transition away from coal, recognising that continued global investment in unabated coal power generation is incompatible with keeping 1.5°C within reach, we stress that international investment in unabated coal must stop now,” the G7 says. “Domestically, we commit to achieve an overwhelmingly decarbonised power system in the 2030s” G7 statement The ban on direct support includes Official Development Assistance, export finance, investment,



{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Strong policy push needed to reduce oil and gas demand
14 October 2021
Mismatch between tightening supply and continued demand will result in continued volatility unless action taken on demand side, says IEA report
US to offer up to seven offshore wind leases by 2025
14 October 2021
Government aims to fire up key renewables sector with increased certainty and transparency for potential developers
Lightsource BP solar project to meet steel mill’s power demand
13 October 2021
Solar developer launches largest US onsite solar facility dedicated to a single customer
Sign Up For Our Newsletter
Project Data
PE Store
Social Links
Social Feeds
Featured Video