G7

G7 in historic accord to phase out fossil fuel emissions this century

The Group of Seven industrial powers has agreed that the world should phase out fossil fuel emissions this century, in a move hailed as a historic decision in the fight against climate change.

G7 leaders meeting in Bavaria, Germany, said that in line with scientific findings, “deep cuts in global greenhouse gas emissions are required with a decarbonisation of the global economy over the course of this century”.

The leaders of the US, Germany, France, the UK, Japan, Canada and Italy said they supported cutting greenhouse gases by 40 to 70 per cent by 2050 from 2010 levels — the first time they have backed such a precise long-term target.

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