The G20 fails to reach an agreement on cutting fossil fuels
Today, Saturday, the Group of Twenty meeting in India ended without reaching a consensus regarding phasing out the use of fossil fuels, after objections from some producing countries.
Scientists and activists have been angered by the delay in international organizations taking action to curb global warming, even as extreme weather conditions around the world highlight the climate crisis.
G20 energy officials were due to issue a joint statement at the end of their four-day meeting in Bambolim, a town in India’s coastal state of Goa.
But the joint statement was not issued due to disagreements on a number of issues, including the desire to triple renewable energy production capacity by 2030.
The meeting also failed to reach consensus on urging developed countries to achieve the goal of jointly mobilizing $100 billion annually for climate action in developing economies from 2020 to 2025, and to characterize the war in Ukraine.
Two sources familiar with the matter said that the use of fossil fuels was a focus of discussions that lasted throughout the day, but that officials did not reach a consensus on reducing its continuous use without interruption.
Indian Energy Minister Raj Kumar Singh said – in a press conference after the meetings ended – that some countries want to use carbon capture processes instead of phasing out fossil fuels, without mentioning the names of these countries.
The major fossil fuel producers, Saudi Arabia, Russia, China, South Africa and Indonesia, are known to oppose the goal of tripling renewable energy capacity in this decade.