The Fort Worth Press - Fossil fuel pledges divide G7 in 'critical decade' for climate

USD -
AED 3.672499
AFN 64.999694
ALL 81.642835
AMD 377.219685
ANG 1.79008
AOA 916.999786
ARS 1444.993899
AUD 1.422789
AWG 1.8025
AZN 1.702618
BAM 1.653821
BBD 2.007458
BDT 121.808396
BGN 1.67937
BHD 0.377
BIF 2953.360646
BMD 1
BND 1.26696
BOB 6.887396
BRL 5.239202
BSD 0.996711
BTN 90.052427
BWP 13.76724
BYN 2.855766
BYR 19600
BZD 2.004583
CAD 1.363485
CDF 2199.999823
CHF 0.77501
CLF 0.02178
CLP 860.00012
CNY 6.938198
CNH 6.932785
COP 3652
CRC 495.031923
CUC 1
CUP 26.5
CVE 93.239472
CZK 20.567995
DJF 177.491777
DKK 6.31131
DOP 62.762674
DZD 129.809035
EGP 47.028301
ERN 15
ETB 154.611983
EUR 0.84503
FJD 2.19785
FKP 0.732491
GBP 0.728965
GEL 2.694962
GGP 0.732491
GHS 10.919207
GIP 0.732491
GMD 72.999979
GNF 8744.661959
GTQ 7.645019
GYD 208.524474
HKD 7.815215
HNL 26.334616
HRK 6.3668
HTG 130.737911
HUF 321.873967
IDR 16773
ILS 3.090495
IMP 0.732491
INR 90.462699
IQD 1305.693436
IRR 42125.000158
ISK 122.529935
JEP 0.732491
JMD 156.204812
JOD 0.708953
JPY 156.310501
KES 128.530273
KGS 87.449745
KHR 4021.613211
KMF 417.999941
KPW 899.987247
KRW 1450.801658
KWD 0.30737
KYD 0.830631
KZT 499.708267
LAK 21439.292404
LBP 89256.37795
LKR 308.507985
LRD 185.387344
LSL 15.964383
LTL 2.95274
LVL 0.60489
LYD 6.301423
MAD 9.14286
MDL 16.878982
MGA 4417.422775
MKD 52.086943
MMK 2100.119929
MNT 3568.429082
MOP 8.020954
MRU 39.790284
MUR 45.880297
MVR 15.449965
MWK 1728.325117
MXN 17.21895
MYR 3.92694
MZN 63.749624
NAD 15.964451
NGN 1388.149904
NIO 36.682353
NOK 9.626245
NPR 144.090313
NZD 1.655395
OMR 0.384498
PAB 0.996706
PEN 3.355418
PGK 4.270433
PHP 58.955987
PKR 278.75798
PLN 3.569715
PYG 6612.604537
QAR 3.624302
RON 4.3058
RSD 99.190187
RUB 76.999649
RWF 1454.737643
SAR 3.750137
SBD 8.058101
SCR 14.239717
SDG 601.499892
SEK 8.886903
SGD 1.27032
SHP 0.750259
SLE 24.47504
SLL 20969.499267
SOS 568.686313
SRD 38.114498
STD 20697.981008
STN 20.71794
SVC 8.721498
SYP 11059.574895
SZL 15.970032
THB 31.579829
TJS 9.314268
TMT 3.51
TND 2.882209
TOP 2.40776
TRY 43.511602
TTD 6.751283
TWD 31.5423
TZS 2581.539917
UAH 43.134476
UGX 3553.202914
UYU 38.389826
UZS 12201.979545
VES 371.640565
VND 25997.5
VUV 119.537583
WST 2.726316
XAF 554.697053
XAG 0.011442
XAU 0.000197
XCD 2.70255
XCG 1.796311
XDR 0.689842
XOF 554.678291
XPF 100.846021
YER 238.374989
ZAR 15.92825
ZMK 9001.198907
ZMW 19.560456
ZWL 321.999592
  • SCS

    0.0200

    16.14

    +0.12%

  • RBGPF

    -2.1000

    82.1

    -2.56%

  • RYCEF

    0.2600

    16.93

    +1.54%

  • NGG

    1.6200

    86.23

    +1.88%

  • BCC

    3.1800

    84.93

    +3.74%

  • CMSD

    -0.1400

    23.94

    -0.58%

  • RIO

    3.8500

    96.37

    +4%

  • GSK

    0.8700

    53.34

    +1.63%

  • CMSC

    -0.0900

    23.66

    -0.38%

  • JRI

    -0.0300

    13.12

    -0.23%

  • BCE

    0.2700

    26.1

    +1.03%

  • RELX

    -5.0200

    30.51

    -16.45%

  • AZN

    -4.0900

    184.32

    -2.22%

  • VOD

    0.3400

    15.25

    +2.23%

  • BTI

    0.8800

    61.87

    +1.42%

  • BP

    1.1200

    38.82

    +2.89%

Fossil fuel pledges divide G7 in 'critical decade' for climate
Fossil fuel pledges divide G7 in 'critical decade' for climate / Photo: © AFP/File

Fossil fuel pledges divide G7 in 'critical decade' for climate

G7 allies meet this week for climate talks that are likely to urge more action in a "critical decade", but could also lay bare divisions on ambitious fossil fuel commitments.

Text size:

The world's leading developed economies are all targeting net-zero emissions by 2050 or sooner after signing the Paris Agreement to cap global warming at well under two degrees Celsius.

But they differ on how to respond to the energy squeeze caused by Russia's war in Ukraine, with host Japan among those arguing for more leeway on fossil fuels to protect energy security.

Britain, backed by France, has proposed new targets on the phase-out of domestic coal power in a draft statement seen by AFP ahead of the minister-level talks, which kick off in Sapporo on Saturday.

Pushback from Japan -- which remains heavily dependent on imported fossil fuels after the 2011 Fukushima nuclear plant disaster -- could sink those efforts.

There are also divisions over natural gas, with Japan leading those pushing the group to recognise overseas investments in the fuel as a "necessary" step in the global transition to clean energy.

Campaigners say Japan's reluctance to embrace ambitious fossil fuel targets sends the wrong message.

Japan is "actively working to increase reliance on liquid natural gas and other kinds of gas-based fuels" in Asia, Susanne Wong, Asia Program Manager at Oil Change International, told AFP.

"While there's an urgent need to shift from fossil fuels, and the war has shown how risky the strategy is of relying so heavily on imported fossil fuels, they're encouraging governments to import LNG across the region."

- 'Exceptional circumstances' -

At last year's meeting in Germany, the G7 climate ministers pledged to largely decarbonise their electricity sectors by 2035.

They also agreed to end new direct public support in 2022 for overseas fossil fuel projects that take no steps to offset carbon dioxide emissions.

But this commitment was watered down the following month, when G7 leaders said the "exceptional circumstances" of the Ukraine war made gas investments "appropriate as a temporary response".

The language now sought by Japan -- with backing from G7 partners that include the United States, Canada, Germany and Italy -- would solidify that exception.

The meeting comes after a major UN climate report last month warned the world will see 1.5C of warming in about a decade, calling for "rapid and far-reaching" efforts to keep temperature increases within relatively safe limits.

And the draft final statement by the G7 environment ministers calls for all major economies to take action "in this critical decade".

It also urges a peak in global greenhouse gas emissions by 2025 at the latest -- language that experts say is aimed at China, the world's largest carbon emitter.

China is targeting a peak of its carbon emissions by 2030.

Other phrasing will be more contentious, including Japan's push for recognition of nuclear power and endorsement of its plan to start releasing treated water from the Fukushima plant into the sea this year.

It also wants G7 recognition for its controversial strategy of burning hydrogen and ammonia alongside fossil fuels to reduce carbon emissions, which climate activists say only serves to extend the lifespan of polluting plants.

- Japan 'biggest obstacle' -

Coal may prove the largest stumbling block, with Britain seeking a 2030 deadline to complete an "accelerated phase-out of domestic unabated coal power generation" to keep the 1.5C goal within reach.

But Japan's preferred language would be a more general pledge to prioritise "concrete and timely steps" towards the phase-out.

Friederike Roder, vice president of the NGO Global Citizen, warned the meeting's language would be critical ahead of the G20 summit in India and COP28 in Dubai.

"We're trying to avoid going backwards" on pledges, she told AFP.

"Japan is certainly the biggest obstacle -- and this year it is G7 president."

Governments around the world will also be looking for action on resilience funding for the developing nations most affected by climate change.

Multi-billion-dollar investment plans have been announced for countries such as South Africa and Indonesia to transition to clean energy from fossil fuels.

But these remain "very ad hoc", said Alex Scott from the climate think-tank E3G.

The G7 needs to "offer some credibility and clarity on what they're going to do to help countries adapt to climate change", she said.

S.Rocha--TFWP