Germany Pushes for G-7 Reversal on Fossil Fuels in Climate Blow

[rebewranger]

Germany Pushes for G-7 Reversal on Fossil Fuels in Climate Blow
 
ByAlberto Nardelli, Chiara Albanese, and Jess Shankleman
June 25, 2022, 4:20 AM EDTUpdated onJune 25, 2022, 12:12 PM EDT
 
Germany is pushing for Group of Seven nations to walk back a commitment that would halt the financing of overseas fossil fuel projects by the end of the year, according to people familiar with the matter. That would be a major reversal on tackling climate change as Russia’s war in Ukraine upends access to energy supplies.


A draft text shared with Bloomberg would see the G-7 “acknowledge that publicly supported investment in the gas sector is necessary as a temporary response to the current energy crisis.”

The caveat in the proposal is that such funding is done “in a manner consistent with our climate objectives and without creating lock-in effects.”

https://www.bloomberg.com/news/articles/2022-06-25/germany-pushes-for-g-7-reversal-on-fossil-fuels-in-climate-blow

[Hoodat]

The caveat in the proposal is that such funding is done “in a manner consistent with our climate objectives and without creating lock-in effects.”

In realizing your climate objectives, wouldn't it be prudent to first establish a causal link between CO₂ and rising global temperatures?