G7 puts focus on push for global fossil fuel phaseout deal

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G7 puts focus on push for global fossil fuel phaseout deal
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A commitment from the G7 to phase out fossil fuels faster has been welcomed as a potential step towards a global deal for all countries to do the same, but is facing criticism for not matching the pledge with firm action

of the fossil fuel consumption causing climate change, although they did not set a firm date for doing this.

At last year's COP27 U.N. climate summit, countries failed to agree a deal on phasing down fossil fuel energy. A proposal by India to do this won support from more than 80 governments, but was opposed by Saudi Arabia and other oil- and gas-rich countries., are hoping to revive the idea ahead of this year's U.N. climate summit, which begins on Nov. 30 in Dubai.

But Meyer, who has attended U.N. climate negotiations since they began in 1991, warned of significant hurdles to clinching the pledge. It took more than two decades of U.N. climate negotiations before countries even mentioned fossil fuels in a summit statement - which was in 2021 - amid pushback from fossil fuel-producing countries and industries.

"That could go a long way to greasing the skids for a political deal on a managed transition away from fossil fuels," he said. "The most efficient way to ensure a smooth and just transition to a clean energy system is to redirect these subsidies now," she said.Stepping stones that could be used to build momentum for a fossil fuel commitment ahead of COP28 include a June summit hosted by France, aimed at scaling up finance for developing countries, and a September G20 leaders meeting hosted by India - author of the proposal at last year's climate summit to phase down fossil fuels.

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