'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

Labour holds Holborn and St Pancras in blow to Greens

Labour holds Holborn and St Pancras in blow to Greens

Labour's Sagal Abdi-Wali secures comfortable victory in byelection, as Greens' Zack Polanski says he intends to remain as leader

James Murray
clock 09 October 2026 • 4 min read
'We have set the stage': Pre-COP31 talks promise fresh push on electrification, resilience, and finance

'We have set the stage': Pre-COP31 talks promise fresh push on electrification, resilience, and finance

Pacific island nations call on governments to place limiting global warming to 1.5C, accelerating pace of electrification, conserving oceans, and boosting climate finance at heart of COP31 talks

Michael Holder
clock 09 October 2026 • 9 min read
'Energy is growth': Kemi Badenoch touts plans for all-of-the-above energy strategy

'Energy is growth': Kemi Badenoch touts plans for all-of-the-above energy strategy

Conservative Party leader vows to back renewables, nuclear, and fossil fuel drilling, as she sets out vision for wave of tax cuts and bonfire of planning and environmental regulations

Michael Holder
clock 07 October 2026 • 7 min read