'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

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Policy

Breast Cancer UK calls for ban on cancer-linked EDCs in everyday items

Breast Cancer UK calls for ban on cancer-linked EDCs in everyday items

EXCLUSIVE: Campaign highlights link between Endocrine Disrupting Chemicals in items such as plastic spatulas, whisks, and spoons and cancer risks

Stuart Stone
clock 02 July 2026 • 4 min read
'People are fed up': New Prime Minister urged to deliver 'concrete plan' to tackle energy bills

'People are fed up': New Prime Minister urged to deliver 'concrete plan' to tackle energy bills

Next PM must move quickly to provide a 'sense of security and stability', as polling finds 59 per cent of Brits do not think energy bills will ever become more affordable

Stuart Stone
clock 30 June 2026 • 6 min read
Government eyes stronger consumer safeguards for green home retrofits

Government eyes stronger consumer safeguards for green home retrofits

Insulation installers could face bans or fines for failing to meet minimum performance standards, under plans released for consultation today

Michael Holder
clock 17 June 2026 • 4 min read