'We stand ready': Global businesses urge G7 to phase out fossil fuelled power and vehicles by 2035

Michael Holder
clock • 6 min read
Credit: iStock
Image:

Credit: iStock

We Mean Business and raft of corporate groups urge G7 leaders to end trillions of dollars of fossil fuel subsidies by 2025

Leading business groups have urged G7 leaders to set clear targets to phase out fossil fuels from power generation and road transport by 2035, while emphasising the private sector's readiness to deploy...

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 Politics

Good COP or bad COP? Weighing up the Belém Summit's successes and failures

Good COP or bad COP? Weighing up the Belém Summit's successes and failures

COP30 may not have delivered the outcome climate science shows the world needs, but it demonstrated that the multilateral UN Paris Agreement process is alive, writes Corporate Leaders Group UK director Bev Cornaby

Bev Cornaby, Corporate Leaders Group UK.
clock 27 November 2025 • 6 min read
Here's how Britain's new energy flexibility market facilitator can force order and cut bills

Here's how Britain's new energy flexibility market facilitator can force order and cut bills

The flexibility Market Facilitator has the potential to become a cornerstone of our modern energy system - but potential is not enough, writes Labour MP and ADE vice president James Naish MP

James Naish MP
clock 27 November 2025 • 3 min read
Budget: There was good news for climate action, but it was hidden among the chaos

Budget: There was good news for climate action, but it was hidden among the chaos

Rachel Reeves sent a series of mixed signals to the green economy, which could have been avoided if only there had been a clearer narrative

James Murray
clock 26 November 2025 • 7 min read