Comment on G7 communiqué

“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.”