G7 ministers to offer cautious backing of Japan's climate strategy - draft

Kitco Media
By Reuters
Published:
Updated:
Reuters
TOKYO/BRUSSELS, April 14 (Reuters) - Climate ministers from Group of Seven countries are set to agree that ammonia could be used to cut emissions from fossil fuel-based power plants, but only under certain conditions - offering a cautious endorsement of G7 host Japan's climate plans. The latest draft statement for the meeting of G7 ministers on April 15-16 in Sapporo, Japan, said: "some countries are exploring the use of low-carbon and renewable hydrogen and its derivatives in the power sector to work towards zero-emission thermal power generation." The draft, seen by Reuters, said this strategy must comply with numerous conditions - including that it is aligned with having a mostly-decarbonised power sector by 2035. (Reporting by Kate Abnett, Makiko Yamazaki)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.