View full page at forexfactory.com

 

G7 ministers agree to cut gas consumption and speed-up renewable energy

From brecorder.com

The Group of Seven rich nations have agreed to call for reducing gas consumption and increasing electricity from renewable sources while phasing out fossil-fuels faster and building no new coal-fired plants, France’s energy transition minister said on Saturday. G7 environment and energy ministers, however, could not agree on a specific date to exit coal power, France’s Agnes Pannier-Runacher told reporters on the first of two days of climate and energy talks in Sapporo in northern Japan. “The G7 countries have agreed that the first response to the energy crisis must be to reduce energy and gas consumption… For the ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis