China and the United States, the world’s largest consumers of coal, were among the countries that agreed on the need to make heavily polluting coal-fired power plants more efficient and environmentally acceptable, according to a statement from the Group of Eight and Group of Five nations.
The statement called for efforts to improve energy efficiency and invest in renewables to help reduce emissions of gases causing global warming. Existing coal power plants, which spew more carbon dioxide into the air than other fossil fuels, can be partly remedied by retrofitting, the statement said.
China, which consumes more than 40 percent of the world’s coal, is part of the G5 developing nations, along with Brazil, India, Mexico and South Africa.
The officials also agreed on the value of sharing best-practice information on energy efficiency in buildings, and that greater use of renewables is the best path toward a low-carbon economy.
Investment in renewable energy is “slowing down” because of the economic contraction and the countries “welcome the inclusion of renewable energy in economic stimulus plans.”
A Message from The Moscow Times:
Dear readers,
We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent."
These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia.
We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help.
Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact.
By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us.
Remind me later.
