January 24, 2022

G-7 agrees to end new government support for coal power by end of 2021, World News & Top Stories

CARBIS BAY, ENGLAND (REUTERS) – The Group of Seven nations on Sunday (June 13) pledged to rapidly scale up technologies and policies that accelerate the transition away from unabated coal capacity, including ending new government support for coal power by the end of this year.

The countries, in a communique following their summit in Britain, confirmed pledges to increase climate finance contributions as part of efforts to reduce emissions that contribute to climate change and help a move toward cleaner energy, although climate groups said firm cash promises and other details were missing.

“Coal power generation is the single biggest cause of greenhouse gas emissions,” the seven nations – the United States, Britain, Canada, France, Germany, Italy and Japan – said, adding “continued global investment in unabated coal power generation is incompatible with keeping 1.5 deg C within reach.”

“We stress that international investments in unabated coal must stop now and we commit now to an end to new direct government support for unabated international thermal coal power generation by the end of 2021,” they said.

US President Joe Biden, speaking after the summit, noted a commitment of up to US$2 billion (S$2.66 billion) “to support developing countries as they transition away from unabated coal-fired power”.

The nations, in their statement, vowed to focus on other technologies, including carbon capture, to help speed up the transition away from coal.

“We will focus on accelerating progress on electrification and batteries, hydrogen, carbon capture, usage and storage, zero emission aviation and shipping, and for those countries that opt to use it, nuclear power,” the communique said.

in World
Related Posts

New compensation offer made over Suez Canal blockage: Lawyer, Middle East News & Top Stories

June 20, 2021

June 20, 2021

ISMAILIA, EGYPT (REUTERS) – The owners of a giant container ship that blocked the Suez Canal in March have made...

Benjamin Netanyahu, ‘King of Israel,’ exits a stage he dominated, Middle East News & Top Stories

June 13, 2021

June 13, 2021

JERUSALEM (NYTIMES) – He came to power like some conqueror from a distant land called Philadelphia. Educated in the United...

US north-west braces for record heat, strained power grids, United States News & Top Stories

June 24, 2021

June 24, 2021

WASHINGTON (BLOOMBERG) – Record heat is set to bear down on the Pacific north-west, threatening fresh strains on regional power...

Brazil tops 500,000 Covid-19 deaths, second only to US, World News & Top Stories

June 19, 2021

June 19, 2021

RIO DE JANEIRO (AFP) – Brazil on Saturday (June 19) crossed the grim threshold of 500,000 coronavirus deaths, the country’s...

Delta variant doubles risk of Covid-19 hospitalisation: Scottish study, Europe News & Top Stories

June 14, 2021

June 14, 2021

LONDON (REUTERS) – The Delta coronavirus variant doubles the risk of hospitalisation compared with the previously dominant variant in Britain,...

Washington Report Podcast: United States ready to lead Western alliance again? , United States News & Top Stories

June 25, 2021

June 25, 2021

Washington Report Ep 3: United States ready to lead Western alliance again? 8:29 mins Synopsis: Every week, The Straits Times analyses...

Pope says Canada school discovery painful, but stops short of apology, World News & Top Stories

June 6, 2021

June 6, 2021

VATICAN CITY (REUTERS) – Pope Francis said on Sunday (June 6) that he was pained by the discovery of the...

Saudi lobbying pivots after Khashoggi’s murder, with princess in Iowa, United States News & Top Stories

June 10, 2021

June 10, 2021

IOWA (BLOOMBERG) – Just before the coronavirus pandemic shut down travel last spring, the princess who’s Saudi Arabia’s ambassador to...

Chances of Covid-19 vaccine patent waiver seen as remote as WTO talks resume, World News & Top Stories

May 31, 2021

May 31, 2021

GENEVA (REUTERS) – A deal on an intellectual property waiver for Covid-19 vaccines at the World Trade Organisation (WTO) may...

Dogs, volunteers hunt New York’s brazen rodents, United States News & Top Stories

May 23, 2021

May 23, 2021

NEW YORK (AFP) – Late on a Friday night, eight dog enthusiasts and their pet pooches prowl several dark alleys...

China risks isolation in quest for coronavirus origin, Biden aide says, United States News & Top Stories

June 21, 2021

June 21, 2021

WASHINGTON (BLOOMBERG) – China will risk international isolation if it fails to allow a “real” investigation on its territory into...

US-China trade relationship significantly imbalanced, says US trade representative, United States News & Top Stories

June 5, 2021

June 5, 2021

WASHINGTON (BLOOMBERG) – The trade relationship between the two largest economies in the world has “significant imbalance” and the Biden...

Russia rejects new lockdown despite record coronavirus deaths for fourth straight day, Europe News & Top Stories

July 2, 2021

July 2, 2021

MOSCOW (AFP) – Russia on Friday (July 2) said it would not impose a new lockdown despite reporting a record number...

Rome gets its first pizza vending machine, but will Romans bite?, Europe News & Top Stories

June 8, 2021

June 8, 2021

ROME (NYTIMES) – Romans eat pizza all the time. They have pizza a taglio, cut with scissors to the desired...

‘Disgusting’: UK’s chief medical adviser harassed, Europe News & Top Stories

June 29, 2021

June 29, 2021

LONDON (REUTERS) – Britain on Tuesday (June 29) condemned the “disgusting” harassment of the government’s top medical adviser, Dr Chris...