The Prague Post - Fossil fuel pledges divide G7 in 'critical decade' for climate

EUR -
AED 4.302284
AFN 73.79152
ALL 95.519449
AMD 435.016244
ANG 2.096485
AOA 1075.24958
ARS 1645.097597
AUD 1.631275
AWG 2.109797
AZN 1.981892
BAM 1.958678
BBD 2.358646
BDT 144.010393
BGN 1.953842
BHD 0.441885
BIF 3484.606239
BMD 1.171296
BND 1.495285
BOB 8.091856
BRL 5.851328
BSD 1.171011
BTN 110.654662
BWP 15.838139
BYN 3.304027
BYR 22957.405813
BZD 2.355251
CAD 1.602275
CDF 2720.332915
CHF 0.924557
CLF 0.026533
CLP 1044.257244
CNY 8.008679
CNH 8.011319
COP 4228.484753
CRC 532.678221
CUC 1.171296
CUP 31.03935
CVE 110.573169
CZK 24.35898
DJF 208.162768
DKK 7.472794
DOP 69.39913
DZD 155.197898
EGP 61.862878
ERN 17.569443
ETB 184.332752
FJD 2.573804
FKP 0.864375
GBP 0.866536
GEL 3.156613
GGP 0.864375
GHS 13.048374
GIP 0.864375
GMD 86.090628
GNF 10281.049662
GTQ 8.947071
GYD 245.000027
HKD 9.178453
HNL 31.179575
HRK 7.534009
HTG 153.404117
HUF 363.828077
IDR 20206.148134
ILS 3.462301
IMP 0.864375
INR 110.85774
IQD 1534.398042
IRR 1541425.818283
ISK 143.202224
JEP 0.864375
JMD 184.511138
JOD 0.830463
JPY 186.888564
KES 151.212171
KGS 102.405963
KHR 4696.898074
KMF 493.115923
KPW 1054.161689
KRW 1725.788327
KWD 0.360267
KYD 0.975926
KZT 536.774205
LAK 25704.095103
LBP 104948.141179
LKR 373.27534
LRD 215.225644
LSL 19.367393
LTL 3.458533
LVL 0.708505
LYD 7.431886
MAD 10.84181
MDL 20.25359
MGA 4859.707991
MKD 61.630591
MMK 2459.768137
MNT 4212.39697
MOP 9.45265
MRU 46.852263
MUR 54.793673
MVR 18.096215
MWK 2039.226662
MXN 20.366035
MYR 4.629553
MZN 74.8578
NAD 19.385473
NGN 1610.051947
NIO 43.004161
NOK 10.924685
NPR 177.047659
NZD 1.99224
OMR 0.450368
PAB 1.171016
PEN 4.118327
PGK 5.088989
PHP 71.536886
PKR 326.469566
PLN 4.248467
PYG 7340.724493
QAR 4.267324
RON 5.095253
RSD 117.349849
RUB 88.216818
RWF 1710.678122
SAR 4.393361
SBD 9.400748
SCR 16.337831
SDG 703.366245
SEK 10.85663
SGD 1.495983
SHP 0.874491
SLE 28.843226
SLL 24561.491489
SOS 669.395643
SRD 43.882586
STD 24243.466812
STN 24.890045
SVC 10.24697
SYP 129.485942
SZL 19.385253
THB 38.068064
TJS 10.984542
TMT 4.105393
TND 3.377726
TOP 2.8202
TRY 52.783411
TTD 7.962633
TWD 36.927473
TZS 3054.298954
UAH 51.608197
UGX 4356.364467
USD 1.171296
UYU 46.217522
UZS 14137.545157
VES 567.631891
VND 30861.312672
VUV 138.477201
WST 3.195077
XAF 656.916728
XAG 0.016026
XAU 0.000255
XCD 3.165486
XCG 2.110483
XDR 0.817235
XOF 655.342887
XPF 119.331742
YER 279.530362
ZAR 19.373273
ZMK 10543.070433
ZMW 22.218555
ZWL 377.156903
  • RBGPF

    0.0000

    64

    0%

  • JRI

    -0.0200

    12.81

    -0.16%

  • CMSC

    -0.0300

    22.83

    -0.13%

  • RYCEF

    -0.2000

    15.2

    -1.32%

  • BCC

    -1.2500

    82.61

    -1.51%

  • RIO

    -1.4600

    98.49

    -1.48%

  • GSK

    0.2500

    54.47

    +0.46%

  • AZN

    -0.8300

    186.68

    -0.44%

  • NGG

    0.2200

    87.45

    +0.25%

  • BCE

    -0.0600

    23.5

    -0.26%

  • RELX

    -0.3800

    36.01

    -1.06%

  • CMSD

    -0.0600

    23.2

    -0.26%

  • VOD

    -0.0200

    15.49

    -0.13%

  • BTI

    1.1500

    58.47

    +1.97%

  • BP

    0.3800

    46.35

    +0.82%

Fossil fuel pledges divide G7 in 'critical decade' for climate
Fossil fuel pledges divide G7 in 'critical decade' for climate / Photo: Philip FONG - AFP/File

Fossil fuel pledges divide G7 in 'critical decade' for climate

G7 allies meet this week for climate talks that are likely to urge more action in a "critical decade", but could also lay bare divisions on ambitious fossil fuel commitments.

Text size:

The world's leading developed economies are all targeting net-zero emissions by 2050 or sooner after signing the Paris Agreement to cap global warming at well under two degrees Celsius.

But they differ on how to respond to the energy squeeze caused by Russia's war in Ukraine, with host Japan among those arguing for more leeway on fossil fuels to protect energy security.

Britain, backed by France, has proposed new targets on the phase-out of domestic coal power in a draft statement seen by AFP ahead of the minister-level talks, which kick off in Sapporo on Saturday.

Pushback from Japan -- which remains heavily dependent on imported fossil fuels after the 2011 Fukushima nuclear plant disaster -- could sink those efforts.

There are also divisions over natural gas, with Japan leading those pushing the group to recognise overseas investments in the fuel as a "necessary" step in the global transition to clean energy.

Campaigners say Japan's reluctance to embrace ambitious fossil fuel targets sends the wrong message.

Japan is "actively working to increase reliance on liquid natural gas and other kinds of gas-based fuels" in Asia, Susanne Wong, Asia Program Manager at Oil Change International, told AFP.

"While there's an urgent need to shift from fossil fuels, and the war has shown how risky the strategy is of relying so heavily on imported fossil fuels, they're encouraging governments to import LNG across the region."

- 'Exceptional circumstances' -

At last year's meeting in Germany, the G7 climate ministers pledged to largely decarbonise their electricity sectors by 2035.

They also agreed to end new direct public support in 2022 for overseas fossil fuel projects that take no steps to offset carbon dioxide emissions.

But this commitment was watered down the following month, when G7 leaders said the "exceptional circumstances" of the Ukraine war made gas investments "appropriate as a temporary response".

The language now sought by Japan -- with backing from G7 partners that include the United States, Canada, Germany and Italy -- would solidify that exception.

The meeting comes after a major UN climate report last month warned the world will see 1.5C of warming in about a decade, calling for "rapid and far-reaching" efforts to keep temperature increases within relatively safe limits.

And the draft final statement by the G7 environment ministers calls for all major economies to take action "in this critical decade".

It also urges a peak in global greenhouse gas emissions by 2025 at the latest -- language that experts say is aimed at China, the world's largest carbon emitter.

China is targeting a peak of its carbon emissions by 2030.

Other phrasing will be more contentious, including Japan's push for recognition of nuclear power and endorsement of its plan to start releasing treated water from the Fukushima plant into the sea this year.

It also wants G7 recognition for its controversial strategy of burning hydrogen and ammonia alongside fossil fuels to reduce carbon emissions, which climate activists say only serves to extend the lifespan of polluting plants.

- Japan 'biggest obstacle' -

Coal may prove the largest stumbling block, with Britain seeking a 2030 deadline to complete an "accelerated phase-out of domestic unabated coal power generation" to keep the 1.5C goal within reach.

But Japan's preferred language would be a more general pledge to prioritise "concrete and timely steps" towards the phase-out.

Friederike Roder, vice president of the NGO Global Citizen, warned the meeting's language would be critical ahead of the G20 summit in India and COP28 in Dubai.

"We're trying to avoid going backwards" on pledges, she told AFP.

"Japan is certainly the biggest obstacle -- and this year it is G7 president."

Governments around the world will also be looking for action on resilience funding for the developing nations most affected by climate change.

Multi-billion-dollar investment plans have been announced for countries such as South Africa and Indonesia to transition to clean energy from fossil fuels.

But these remain "very ad hoc", said Alex Scott from the climate think-tank E3G.

The G7 needs to "offer some credibility and clarity on what they're going to do to help countries adapt to climate change", she said.

E.Soukup--TPP