Comment on G7 communiqué

ECIU's Gareth Redmond-King on the closing day of the G7 Summit

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By George Smeeton

info@eciu.net

Information on this page correct as of:

Commenting on the closing communiqué from the G7 Summit in Germany [1], Gareth Redmond-King, International Lead at the Energy and Climate Intelligence Unit (ECIU) said:

“Some will see tension between G7 leaders’ putting action to tackle the climate crisis at the forefront of their statement while including other commitments reflecting their responsibility to feed people and keep the lights on.

“But short-term surges in fossil fuels can, as the EU is showing, be trumped by more ambitious emissions pledges in the medium-term. The simple truth is gas, oil and coal have got much more expensive while clean alternatives like wind and solar look an even better, and far cheaper bet. It will be critical not to risk fossil fuel stranded assets that, by the time they come online, find the world has moved on towards net zero.”


Notes to editors:

  1. G7 Leaders’ communiqué: https://www.politico.eu/wp-content/uploads/2022/06/28/220628-Final-Draft_Leaders-Communique.pdf

For more information:

George Smeeton, Head of Communications, ECIU, Tel: 07894 571 153, email: george.smeeton@eciu.net