The Latest: G20 compromise on coal, carbon neutrality
ABC News
Leaders of the world’s biggest economies have agreed to end public financing for coal-fired power generation abroad, but set no target for phasing out coal domestically as they wrapped up a two-day summit in Rome
The Latest on the Group of 20 summit taking place in Rome:
ROME — Leaders of the world’s biggest economies have agreed to end public financing for coal-fired power generation abroad, but set no target for phasing out coal domestically as they wrapped up a two-day summit that laid the groundwork for the U.N. climate conference in Glasgow, Scotland.
According to their final meeting communique, Group of 20 leaders also made a compromise commitment Sunday to reach carbon neutrality “by or around mid-century.”
The Group of 20 countries represent more than three-quarters of the world’s greenhouse gas emissions. Summit host Italy had been looking for solid targets on how to reduce emissions while helping poor countries deal with the impact of rising temperatures.
