In a groundbreaking move, leaders from the G7 nations have committed to a complete phase-out of coal-fired power plants by 2035. This initiative, spearheaded by influential economies including Canada, France, Germany, Italy, Japan, the United Kingdom, the United States, and the European Union, marks a significant stride towards combating climate change.
The commitment was announced by Andrew Bowie, UK’s Minister at the Department for Energy Security and Net Zero, during a recent summit in Turin, Italy. “We do have an agreement to phase out coal in the first half of the 2030s,” Bowie stated. He emphasized the historic nature of this accord, noting that such an agreement was unattainable at last year’s COP28 in Dubai. “So, to have the G7 nations come around the table to send that signal to the world—that we, the advanced economies of the world are committed to phasing out coal by the early 2030s—is quite incredible,” he added.
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As reported by Business Standard, diplomatic sources from Italy confirmed that the technical deal was reached just before the G7 energy ministers’ summit commenced. The agreement will be formally included in the final communique, marking a pivotal moment in the push for cleaner energy sources.
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