After its last #coal power plant shut in 2021 Portugal has shown real leadership in the #energytransition with 91% of its energy coming from renewables and having the lowest power prices in Europe. https://buff.ly/3Uui8n3
World's largest economies agree to phase out coal power before 2035, but miss the opportunity to reject fossil fuels at the scale and speed necessary to meet climate targets
G7 ministers gather in Italy for 'strategic' talks on #ClimateChange
"Together the #G7 [Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States] makes up around 38 percent of the global economy and was responsible for 21 percent of total greenhouse gas emissions in 2021.
Not one member of the group is on track to meet existing emission reduction targets for 2030."
"Energy ministers from the Group of Seven wealthy countries meeting in Italy are discussing setting a common target date of 2035 to shut down their #coal-powered power plants.
As well as seeking a deal on ending coal in electricity generation, Rome also aims to spur efforts to develop battery storage capacity and boost investment in power grids, two sources said, as the #G7 increases its renewable energy output."
"Energy ministers from the Group of Seven (G7) major democracies reached a deal to shut down their #coal-fired power plants in the first half of the 2030s, in a significant step towards the transition away from fossil fuels."
"From a few lines two decades ago to multiple full pages, Lok Sabha #election manifestos of two primary national parties in #India - the #BJP and the #Congress - reflect rising concerns over #ClimateChange and environmental degradation.
Experts, however, have expressed concerns regarding the lack of specific steps in their manifesto to address environmental challenges.
"#India is on track to meet its pledge to reach 50% clean power capacity by 2030, but for the foreseeable future, most of its total electricity will come from burning #coal. A more rapid transition away from coal would help India meet its climate goals and also vastly improve public health.
India needs $10 trillion to reach net-zero by 2070."
(That's over $200bn a year, or 7% of India's current GDP: $3.4 tn.)