Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

G7 leaders agree to phase out fossil fuel use by end of century

Monday, June 8, 2015 23:21
% of readers think this story is Fact. Add your two cents.

(Before It's News)

G7 leaders agree to phase out fossil fuel use by end of century

German chancellor Angela Merkel announces commitment to ‘decarbonise global economy’ and end extreme poverty and hunger

 G7 leaders, including Angela Merkel (in pink jacket), and invitees line up for the traditional group photo at the end of the summit. Photograph: Sven Hoppe/dpa/Corbis

The G7 leading industrial nations have agreed to cut greenhouse gases by phasing out the use of fossil fuels by the end of the century, the German chancellor,Angela Merkel, has announced, in a move hailed as historic by some environmental campaigners.

On the final day of talks in a Bavarian castle, Merkel said the leaders had committed themselves to the need to “decarbonise the global economy in the course of this century”. They also agreed on a global target for limiting the rise in average global temperatures to a maximum of 2C over pre-industrial levels.

Environmental lobbyists described the announcement as a hopeful sign that plans for complete decarbonisation could be decided on in Paris climate talks later this year. But they criticised the fact that leaders had baulked at Merkel’s proposal that they should agree to immediate binding emission targets.

As host of the summit, which took place in the foothills of Germany’s largest mountain, the Zugspitze, Merkel said the leading industrialised countries were committed to raising $100bn (£65bn) in annual climate financing by 2020 from public and private sources.

In a 17-page communique issued after the summit at Schloss Elmau under the slogan “Think Ahead, Act Together”, the G7 leaders agreed to back the recommendations of the IPCC, the United Nations’ climate change panel, to reduce global greenhouse gas emissions at the upper end of a range of 40% to 70% by 2050, using 2010 as the baseline.

Merkel also announced that G7 governments had signed up to initiatives to work for an end to extreme poverty and hunger, reducing by 2030 the number of people living in hunger and malnutrition by 500 million, as well as improving the global response to epidemics in the light of the Ebola crisis.

Poverty campaigners reacted with cautious optimism to the news.
The participant countries – Germany, Britain, France, the US, Canada, Japan and Italy – would work on initiatives to combat disease and help countries around the world react to epidemics, including a fund within the World Bank dedicated to tackling health emergencies, Merkel announced at a press conference after the summit formally ended on Monday afternoon.

Reacting to the summit’s final declaration, the European Climate Foundation described the G7 leaders’ announcement as historic, saying it signalled “the end of the fossil fuel age” and was an “important milestone on the road to a new climate deal in Paris”.

Samantha Smith, a climate campaigner for the World Wildlife Fund, said: “There is only one way to meet the goals they agreed: get out of fossil fuels as soon as possible.”

The 350.org campaign group put out a direct challenge to Barack Obama to shut down long-term infrastructure projects linked to the fossil fuel industry. “If President Obama wants to live up to the rhetoric we’re seeing out of Germany, he’ll need to start doing everything in his power to keep fossil fuels in the ground. He can begin by rejecting the Keystone XL pipeline and ending coal, oil and gas development on public lands,” said May Boeve, the group’s director.

Others called on negotiators seeking an international climate deal at Paris later this year to make total decarbonisation of the global economy the official goal.

“A clear long-term decarbonisation objective in the Paris agreement, such as net zero greenhouse gas emissions well before the end of the century, will shift this towards low-carbon investment and avoid unmanageable climate risk,” said Nigel Topping, the chief executive of the We Mean Business coalition.

Merkel won praise for succeeding in her ambition to ensure climate was not squeezed off the agenda by other pressing issues. Some environmental groups said she had established herself as a “climate hero”.

Read more:http://http://www.theguardian.com/world/2015/jun/08/g7-leaders-agree-phase-out-fossil-fuel-use-end-of-century

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.