Midweek Sector Update: G7 Plans To End Fossil Fuel Era This Century

The Group of 7 (G7) nations met in Bavaria on June 8, and pledged to rid the global economy of fossil fuels by the end of the 21st Century. “We are committed to the fact that during the course of the century we want to see the decarbonalization of the world economy,” German Chancellor and G7 Summit host Angela Merkel told reporters. The joint declaration has no teeth behind it, and amounts to just words on paper, but it is the first time that the industrialized world has officially called for an end of fossil fuels in their entirety.…

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Midweek Sector Update: G7 Plans To End Fossil Fuel Era This Century

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