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No More Fossil Fuels By 2100, Emissions Set For 30 Percent Cut In EU

June marks two significant events for environmental groups pushing for a reduction in CO2 emissions. Countries represented at this week’s G7 summit, of which Australia is not a member, have declared they will work towards abandoning the use of fo


June marks two significant events for environmental groups pushing for a reduction in CO2 emissions.

Countries represented at this week’s G7 summit, of which Australia is not a member, have declared they will work towards abandoning the use of fossil fuels by the end of the century.

Assuming the G7 can achieve this target, the rest of the global economy will, in part, be forced to follow suit, as carmakers adapt their models to suit the sizable G7 markets.

Those markets include the US, the UK, Germany, Canada, France, Italy and Japan.

The summit also concluded that a cut in greenhouse gas emissions of between 40 and 70 percent was necessary by 2050, when compare to 2010 levels.

However, a path to achieve these goals was not settled upon for either the emissions reduction or the cut in fossil fuel usage, leaving green groups both elated and frustrated.

The G7 committed to December’s climate change conference in Paris, concluding that specific rules and CO2 targets should be established at the conference with a view to limiting temperature rises to less than two degrees Celsius. 

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