Barbados Times

Barbados, Caribbean & World News
Friday, Jun 09, 2023

G7 energy, environment leaders haggle over climate strategy

G7 energy, environment leaders haggle over climate strategy

Energy and environment ministers from the Group of Seven wealthy nations met on Saturday in northern Japan, seeking to reconcile the world's heavy reliance on fossil fuels with the urgency of ending carbon emissions to stave off the worst consequences of climate change.
The meetings in the northern Japanese city of Sapporo are aimed at forging a consensus on the best way forward, ahead of the G-7 summit in Hiroshima in May.

“We are facing the challenge of promoting reforms to resolve climate change ... and achieving energy security at the same time,” economy minister Yasutoshi Nishimura told the ministers as the meetings began.

Speaking on the sidelines of the meetings, US Presidential Envoy for Climate John Kerry said the G-7 was “powerfully positioned to be able to lead” in the effort to stem global warming. “We appreciate Japan's leadership and its stewardship of G-7 this year.”

But differences persist over how and how quickly, carbon emissions can be erased, especially at a time when the war in Ukraine has deepened concerns over energy security, complicating that effort.

At the G-7 summit last year in Germany, the countries set a common goal of achieving a fully or predominantly decarbonised electricity supply by 2035.

US officials voiced support for Japan's strategy centring on so-called clean coal, hydrogen and nuclear energy to bridge the transition to renewable energy. Others are pushing for a faster transition to renewable energy.

The head of the United Nations recently called for an end to new fossil fuel exploration and for rich countries to quit coal, oil and gas by 2040. While emissions among the G-7 nations, especially in Europe, have begun falling, they are still rising globally, especially in big, increasingly affluent economies like India and China.

The G-7 nations hope to lead by example, US Energy Secretary Jennifer Granholm said: “We expect that those countries see that this can be done and the nations that have the wherewithal to make these investments to first out give hope to others to be able to do it as the technology lowers the cost.”

The US government's approval of fossil fuel initiatives such as the Willow project on Alaska’s petroleum-rich North Slope has drawn criticism for their environmental impact and for running counter to President Joe Biden’s pledges to cut carbon emissions and move to clean energy.

There's a strong business case for climate-friendly policies, Granholm said, given the estimated €20 trillion global market in clean energy by 2030.

“People see people getting jobs in this area. People who start to drive electric vehicles and don’t need to pay gasoline prices know that it’s much cheaper to drive EVs. It’s all becoming obvious to people," she said while touring the Suiso Frontier, the world's first and only liquid hydrogen carrier, a showcase of the latest technology for what Japan's leaders call a “hydrogen society.”

While Japanese farm fields increasingly are sown with solar panels rather than crops and its gusty coastlines are studded with wind turbines, the country still expects for about 60% of its energy to come from fossil fuels in 2030, with renewables accounting for up to 38%. New fuels and nuclear power would account for the rest.

Meanwhile, Japan is scrambling to protect communities from extreme weather and other impacts of global warming. Sweltering summers, torrential downpours that trigger flooding and landslides, and violent storms have become the norm.

In Sapporo, Japan is seeking an endorsement of its so-called “GX transformation” plan, which its leaders say is designed to foster energy sufficiency and phase out carbon emissions that contribute to global warming.

Legislation yet to be enacted would entail issuing 20 trillion yen (€135 billion) in bonds to help attract 150 trillion yen (€1 trillion) in combined public-private investment in decarbonisation. The law also calls for a carbon-pricing system to make businesses pay for their carbon emissions.

Environmental activists say the plan will keep the country's dwindling nuclear industry on life support while undermining the transition to renewable energy sources.

“As the world tries to overcome two crises of climate and energy, especially in Japan, we need to drastically increase renewables,” said Takejiro Sueyoshi, co-representative of the Japan Climate Initiative, a non-government organization of 768 member companies and organizations.

“Discussions in Japan have gone backwards as if we were in the 20th century. We must smash a wedge into the debate to push it forward rather than backwards,” he said.

The JCI urged the officials meeting in Sapporo to push for more ambitious targets, noting that Canada, Germany, the United Kingdom and Italy already get more of their electricity from renewable sources than Japan’s 2030 target and that despite its own faltering progress toward phasing out fossil fuels, the United States will get most of its electricity from renewable energy by 2035.

“There's no time left. The window for change is closing, but there is still hope. We need to use the sense of crisis as a turning point,” Sueyoshi said.

The G-7 includes Canada, France, Germany, Italy, Japan, the United States and the United Kingdom.
AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

Barbados Times
Close
0:00
0:00
US and European Intelligence Agencies Uncover Evidence of Ukrainian Role in Terror Attack on Nord Stream Pipeline
Nvidia Joins Tech Giants as First Chipmaker to Reach $1 Trillion Valuation
Drone Attack on Moscow's Wealthiest Neighborhoods Suspected to be Launched by Ukraine
AI ‘extinction’ should be same priority as nuclear war – experts
Prominent Hacker Forum RaidForums Suffers Substantial Data Breach
Nvidia CEO Huang says firms, individuals without AI expertise will be left behind
WPP Revolutionizes Advertising with NVIDIA's AI Powerhouse
Two US Employees Fired For Chasing Robbers Out Of Store As They Broke ''Company Policy''
If you donated to BLM, you got played
Pfizer, the EU, and disappearing ink - Smoke, Mirrors, and the Billion-Dose Pfizer Vaccine Deal: EU's 'Open Secret
Actor Tom Hanks told Harvard University graduates to be superheroes in their defense of truth and American ideals, and to resist those who twist the truth for their own gain
The Sussexes' Royal Rebound: Could Harry and Meghan Markle Return to the UK?
A provocative study suggests: Left-Wing Extremism and its Unsettling Connection to Psychopathy and Narcissism
France Arrests 10 on Suspicion of Failing to Respond in Time to Migrant Drowning
Neuralink Receives FDA Approval for First-in-Human Clinical Study
Is Saudi Arabia the holiest place in the world? Ancient Hebrew Inscriptions from "The Mount Sinai Stand" Discovered in Saudi Arabia
Ukrainian Intelligence Official Admits to Assassination Attempts on Putin
Bernard Arnault Loses $11.2 Billion in One Day as Investors Fear Slowdown in US Growth Will Reduce Demand for Luxury Products
Russian’s Wagner Group leader: “I am not a chef, I am a butcher. Russia is in danger of a revolution like in 1917.”
TikTok Sues Montana Over Law Banning the App
Ron DeSantis Jumps Into 2024 Presidential Race, Setting Up Showdown With Trump
Last Walmart in North Portland Closing Down
Florida's DeSantis seeks to disqualify judge in Disney case
Talks between US House Republicans and President Biden's Democratic administration on raising the federal government's $31.4tn debt ceiling have paused
Biden Administration Eyeing High-Profile Visits to China: The Biden Administration is heating things up by looking into setting up a series of top-level visits to Beijing by top officials in the coming months
New evidence in special counsel probe may undercut Trump’s claim documents he took were automatically declassified
A French court of appeals confirmed former President Nicolas Sarkozy's three-year jail term for corruption and influence peddling
Debt Ceiling Crises Have Unleashed Political Chaos
Weibao Wang, a former software engineer at Apple, was charged with stealing trade secrets related to autonomous systems, including self-driving cars
Mobile phone giant Vodafone to cut 11,000 jobs globally over three years as new boss says its performance not good enough
Elon Musk compares George Soros to Magneto, the supervillain from the Marvel Comics series.
Warren Buffett Sells TSMC Shares Over Concerns About Taiwan's Stability
New Study Finds That Secondary Bacterial Pneumonia Is a Major Cause of Death in COVID-19 Patients Who Require Ventilator Assistance
The Prime Minister of St. Vincent and the Grenadines calls the British monarchy "an absurdity" he wants to remove in his lifetime
King Charles III being crowned.
'Godfather Of AI' Geoffrey Hinton Quits Google To Warn Of The Tech's Dangers
A Real woman
Vermont Man Charged with Stalking After Secretly Tracking Woman with Apple AirTag
Elon Musk Statements About Tesla Autopilot Could Be 'Deepfakes,' Lawyers Claim. Judge Evette Pennypacker Does Not Understand How Far and Advanced This Technology Became
Ukraine More Prepared for Counterattack as Reinforcements Arrive
UK Prime Minister Rishi Sunak and Italian Prime Minister Giorgia Meloni Discuss Migration, Defence, and Ukraine
AT&T's Successful Test of Satellite-Based Phone Call Raises Possibility of Widespread Coverage
CNN: "Joe Biden is asking for four more years — when 74% of Americans think the country is heading the wrong way“
Turkish President Recep Tayyip Erdogan Cuts Short Live TV Interview Due to Health Issue
US Congresswoman threaten Twitter Files journalist with arrest
Pulitzer Prize-winning journalist Seymour Hersh slams New York Times' pro-government stance and treatment of sources
Enough is enough: it's time to end the war in Ukraine. While Russia may be to blame for starting it, Russia is not the one refusing to stop it
Fox News Settles their case with Dominion Voting Systems for a staggering $787.5 MILLION
AG decries scapegoating and rushed lawmaking by government
The land of the free violence
×