Ecologists urge to no longer finance fossil fuel
LONDON (EFE) .— The network of organizations against climate change CAN yesterday urged governments and the financial sector to “quadruple” investment in renewable energies and stop financing fossil fuel in order to limit global warming to 1.5 degrees. planet.
In a statement, the associations, including “Greenpeace” and “Amnesty International” (AI), responded positively to the report published yesterday by the International Energy Agency (IEA), which says that an increase in investment of about $ 4 trillion annually through 2030 in clean energy projects and infrastructure to achieve the goal of carbon neutrality by 2050.
The Climate Action Network (CAN) welcomed the IEA’s recognition that the key to solving the climate crisis is “a complete and just transformation” of the global energy system.
Oil, gas and coal
The activists also support the conclusions of another report that the Agency published last May, which said that, to reach net zero by mid-century, all oil and gas production and extraction projects must be stopped now and no more built. coal-fired power plants.
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CAN Advisor Stephan Singer notes that while the IEA’s recommendations are “a significant step forward,” concerns remain about some of the “risky” technologies suggested to reduce carbon pollution, such as “doubling the global production of carbon dioxide. nuclear energy”.