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G7 to phase out coal by 2035, focus on renewables

Financial Times — April 30, 2024, 07:00 PM UTC

Summary: The G7 countries have agreed to phase out unabated coal power by the first half of the 2030s, aiming to limit global warming to 1.5C. This decision affects over a fifth of global emissions. The agreement allows continued gas investments due to Russia's war on Ukraine. The G7 aims to transition to renewable energy by 2050. Experts endorse the move but criticize the timelines. Global electricity storage capacity is set to increase sixfold by 2030.

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Timeline:

  1. [4.8]
    G7 to end unabated coal power by 2035 (The Guardian)
    19d
    Source
  2. [5.4]
    G7 to close coal plants by 2035 for climate (CNN)
    20d
    Source
  3. [3.3]
    G7 countries to phase out coal by early 2030s (Electrek)
    20d
    Source
  4. [5.8]
    G7 aims to boost electricity storage, phase out coal (Financial Times)
    23d

    ScoresSource
  5. [6.1]
    IEA reports 130% increase in battery capacity in 2023 (The Guardian)
    24d

    ScoresSource