A stark appeal by the world’s top energy body to stop investment in new fossil fuel projects by next year has met a mixed reception from the world’s top producers – from guarded praise and pledges to cut back on coal to outright defiance. The International Energy Agency said in its “Net Zero by 2050” .
Tuesday, 25 May 2021 07:55 PM MYT
Pope Francis decried “our predatory attitude, which makes us feel that we are masters of the planet and its resources . AFP pic
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VATICAN CITY, May 25 Pope Francis launched an initiative today to make Catholic institutions ranging from families to universities to businesses environmentally sustainable in seven years, saying a “predatory attitude” toward the planet must end.
The Laudato Si Action Platform takes its name from the pope’s landmark 2015 encyclical on the need to protect the environment, reduce wasteful lifestyles, stem global warming and protect the poor from the effects of climate change.
May 25 (Reuters) - A stark appeal by the world s top energy body to stop investment in new fossil fuel projects by next year has met a mixed reception from the world s top producers - from guarded praise and pledges to cut back on coal to outright defiance.
The International Energy Agency said in its Net Zero by 2050 report last week that investors should not fund new oil, gas and coal supply projects beyond this year if the world wants to reach net zero emissions by mid-century and meet the goals of the 2015 Paris Agreement on climate change.
Its findings aim to encourage ambitious climate targets from countries attending the United Nations Climate Change Conference (COP26) in November in Glasgow, Scotland but has yet to garner a full commitment from any country.
Cardinal Peter Turkson, head of the Vatican s development office, announced the initiative at a news conference, Reuters reported.
“Our predatory attitude, which makes us feel that we are masters of the planet and its resources, and authorizes us to make irresponsible use of the goods God has given us,” the pope says in a video for the launch.
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The initiative is a “seven-year journey that will see our communities committed in different ways to becoming totally sustainable, in the spirit of integral ecology,” according to Pope Francis.
The platform’s goals are to protect the environment and the poor from climate change.
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Steam and other emissions rise from a power station in Belgrade February 7, 2012. REUTERS/Marko Djurica
A stark appeal by the world s top energy body to stop investment in new fossil fuel projects by next year has met a mixed reception from the world s top producers - from guarded praise and pledges to cut back on coal to outright defiance.
The International Energy Agency said in its Net Zero by 2050 report last week that investors should not fund new oil, gas and coal supply projects beyond this year if the world wants to reach net zero emissions by mid-century and meet the goals of the 2015 Paris Agreement on climate change. read more