'Accelerate the phase out': How the G7 cooled on fossil fuels as the answer to the energy crisis

Cecilia Keating
clock • 9 min read
'Accelerate the phase out': How the G7 cooled on fossil fuels as the answer to the energy crisis

G7 Energy and Environment Ministers acknowledge energy crisis requires reduction in global gas demand and reiterate support for clean tech, but stop short of setting out roadmap for phasing out fossil fuel power

G7 countries over the weekend conceded the global energy crisis requires a reduction in fossil gas demand, just 10 months after the group announced its support for liquified natural gas (LNG) investment...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Policy

How policy support could help most UK fossil fuel workers shift to greener careers

How policy support could help most UK fossil fuel workers shift to greener careers

New report from IPPR slams government over 'piecemeal at best' approach to supporting workers in fossil fuel industries affected by the accelerating net zero transition

James Murray
clock 17 May 2024 • 7 min read
Biodiversity Net Gain: Flagship scheme faces long-term risks, warns UK spending watchdog

Biodiversity Net Gain: Flagship scheme faces long-term risks, warns UK spending watchdog

Rules requiring developers to achieve a 10 per cent improvement in biodiversity from new building projects face threats to their long-term effectiveness, the National Audit Office has warned

Michael Holder
clock 17 May 2024 • 4 min read
Survey: Nine in 10 UK business leaders want more net zero support from government

Survey: Nine in 10 UK business leaders want more net zero support from government

BSI's annual net zero barometer survey of UK business leaders shows significant support for net zero - but warns of uncertainty around policy direction and concerns over short term costs

Michael Holder
clock 17 May 2024 • 7 min read