Business
Australia accused of being ‘out-of-step’ on climate as G7 agrees to stop international funding for coal – SBS News
In a communique, the Group of Seven nations – the United States, Britain, Canada, France, Germany, Italy and Japan – plus the European Union said “international…
Former prime minister Malcolm Turnbull has warned that Australia is more “out-of-step” with its allies than ever on the issue of climate change after G7 countries agreed to stop international funding for coal-fired power.
The worlds seven largest advanced economies agreed on Friday to stop international financing of coal projects that emit carbon by the end of this year, and phase out such support for all fossil fuels, to meet globally agreed climate change targets.
Stopping fossil fuel funding…
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