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G7 ministers reaffirm net zero targets, condemn Russia, and offer only qualified support for nuclear
Group of Seven (G7) energy and environment ministers, following a two-day meeting in the northern Japanese city of Sapporo, issued a 36-page communique laying out their commitments ahead of a G7 summit in Hiroshima in May. The detailed statement covered sections on environment, climate and energy. It reaffirmed a commitment to accelerating the clean energy transition to net-zero greenhouse gas emissions by 2050. “We call on and will work with other countries to end new unabated coal-fired power generation projects globally as soon as possible to accelerate the clean energy transition in a just manner,” the statement says, stipulating that countries should rely on “predominantly” clean energy by 2035.
- Source: NEI Magazine
- Date: Wednesday, 19 April 2023
- Original article: neimagazine.com/news/newsg7-ministers-reaffirm-net-zero-targets-condemn-russia-and-offer-only-qualified-support-for-nuclear-10770194
Given the EU's legally binding 2050 comprehensive decarbonisation policy with adequate CO2 pricing, the closure of many large nuclear power plants in Belgium and Germany, and an EU-wide coal power phase out by 2030-2050 and the inability of intermittent renewable energy to supply the scale and quality of energy needed for continent-scale decarbonisation, there is a strong business case to deploy small modular reactors (SMRs) in the EU by 2040, writes Kalev Kallemets, co-founder and CEO of Fermi Energia.
- Source: World Nuclear News
- Date: Friday, 08 October 2021
- Original article: world-nuclear-news.org/Articles/Viewpoint-Energy-crisis-demands-quickly-scalable-S