Good Luck G7 Leaders – We Won’t Be Off Fossil Fuels By 2100

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The most powerful leaders in the West used the G7 summit in Germany to make a big statement on the environment. Their stated goal is to cut carbon emissions by 40% to 70% by 2050 and then end all fossil-fuel use by 2100. They announced a US$100bn (£65bn) fund by 2020 comprising public and private money to help smooth the transition. My response to David Cameron, Angela Merkel and the rest is pretty simple: good luck with that. When people talk about decarbonisation, they tend to make the mistake of thinking about energy only in terms of electricity. If you ask how to wean us from fossil fuels, they will say build more solar power, more wind farms and so forth. There are several problems with…

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LONDON MARKET CLOSE: Stocks Up Amid Broad Rally In Europe, US - London South East


LONDON MARKET CLOSE: Stocks Up Amid Broad Rally In Europe, US
London South East
LONDON (Alliance News) - London's stock indices ended higher Wednesday as equity markets across Europe and the US took back some of their recent losses, with sentiment helped by growing hopes that Greece and its creditors might be closer to an ...

and more »

Good Luck G7 Leaders – We Won’t Be Off Fossil Fuels By 2100

admin

The most powerful leaders in the West used the G7 summit in Germany to make a big statement on the environment. Their stated goal is to cut carbon emissions by 40% to 70% by 2050 and then end all fossil-fuel use by 2100. They announced a US$100bn (£65bn) fund by 2020 comprising public and private money to help smooth the transition. My response to David Cameron, Angela Merkel and the rest is pretty simple: good luck with that. When people talk about decarbonisation, they tend to make the mistake of thinking about energy only in terms of electricity. If you ask how to wean us from fossil fuels, they will say build more solar power, more wind farms and so forth. There are several problems with…

Next Post

LONDON MARKET CLOSE: Stocks Up Amid Broad Rally In Europe, US - London South East


LONDON MARKET CLOSE: Stocks Up Amid Broad Rally In Europe, US
London South East
LONDON (Alliance News) - London's stock indices ended higher Wednesday as equity markets across Europe and the US took back some of their recent losses, with sentiment helped by growing hopes that Greece and its creditors might be closer to an ...

and more »