G20 leaders look to triple global renewable energy by 2030

The Group of 20 (G20) nations over the weekend said they would aim to triple the amount of renewable energy in the world by 2030.

In a new declaration, the G20 leaders agreed to “pursue and encourage efforts to triple renewable energy capacity globally.”

In terms of fossil fuels, the main driver of climate change, the declaration agreed on “accelerating” a previous agreement to work toward the “phasedown of unabated coal power.”

Unabated coal plants are those whose emissions are not captured and prevented from entering the atmosphere. 

The G20 comprises major economies, including the United States, China, Russia, the European Union and India. 

The U.S. last year passed the Inflation Reduction Act (IRA), which includes sections aimed at bolstering renewables.

In a press Sunday conference, President Biden said other countries were following the “IRA playbook.”

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