'The pandemic has shown that governments can rapidly mobilize massive sums of public money,' says priceofoil's Nic_Rodel. 'This is the moment to do it, and accelerate the transition to a clean and fair future without fossil-fueled conflict.'
"The pandemic has shown that governments can rapidly mobilize massive sums of public money," says one campaigner."This is the moment to do it, and accelerate the transition."More than 120 civil society groups from around the world on Thursday warned that nations have only six months left to meet a collective commitment made at last year's United Nations Climate Conference to end public financing of fossil fuels.
The 39 nations and financial institutions that signed the statement promised to end"direct public support" for the fossil fuel sector by the end of 2022,"except in limited and clearly defined circumstances that are consistent with a 1.5°C warming limit and the goals of the Paris Agreement." The letter addressed to U.S. President Joe Biden urges him to"seize this moment to end our dependence on fossil fuels by building an equitable, just, and renewable energy system for all."
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
UN Chief says the global energy system is 'broken' and warns of 'climate catastrophe'UN Secretary-General António Guterres warned that four key climate change indicators reached record highs in 2021.
Les mer »
Morgan Stanley names 5 cheap global stocks — and gives all at least 20% upsideMorgan Stanley analysts have shared their top global stock picks in a choppy market.
Les mer »
Global Insurer Admits Multibillion Dollar Fraud Affecting MTA EmployeesA U.S. unit of one of the world’s biggest insurers will plead guilty to a years-long fraud in its investment funds, worth billions of dollars, that affected New York City bus drivers and subway conductors among others. The blockbuster plea from Allianz Global Investors U.S. LLC (AGI US), a wholly owned subsidiary of the German insurer Allianz SE, includes $6…
Les mer »
Stocks Making the Biggest Moves Premarket: Target, Walmart, Carrier Global and OthersThese are the stocks posting the largest moves before the bell.
Les mer »
Global economic tremors complicate Western leaders’ Russia sanctionsGrowing fears of a global economic slowdown are complicating Western allies’ economic campaign against Russia, as world leaders struggle to craft new punishments for Moscow without compounding inflation and other domestic financial challenges.
Les mer »
Gravel Road Grabs Global Rights for Oscar Nominee Darrell Roodt’s ‘Greytown Girl’ (EXCLUSIVE)Gravel Road Distribution Group has acquired world sales rights with producer Rani Sitaram to “Greytown Girl,” a romantic drama set in Apartheid-era South Africa from Oscar-nominated director Darrel…
Les mer »