Live Breaking News & Updates on Oil and gas shouldn t
Stay updated with breaking news from Oil and gas shouldn t. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
well, i think the intergovernmental panel on climate change, the world's kind of scientific body, has different dates for sectors. i mean, germany, for example, the date for coal phase—out is 2030. that's what we're working towards in germany is to phase that out. it's a bit later in developing countries and emerging economies - like 2040. i think fossil fuels, you're looking at working into 2040, 2050, but it's pretty clear we already have too much fossil fuel infrastructure. the scientists have told us we can't build new fossil fuel infrastructure, so we really need a course correction right now, and that's why we have to build up the renewables component while we're phasing down fossil fuels, step by step. all right. you say the scientists tell us that we shouldn't build new fossil fuel infrastructure. a so, are you then of the firm view that countries in africa, for instance, that've discovered oil and gas shouldn't be given any investment?
well, i think the intergovernmental panel on climate change, the world's kind of scientific body, has different dates for sectors. i mean, germany, for example, the date for coal phase—out is 2030. that's what we're working towards in germany is to phase that out. it's a bit later in developing countries and emerging economies — like 2040. i think fossilfuels, you're looking at working into 2040, 2050, but it's pretty clear we already have too much fossil fuel infrastructure. the scientists have told us we can't build new fossil fuel infrastructure, so we really need a course correction right now, and that's why we have to build up the renewables component while we're phasing down fossil fuels, step by step. all right. you say the scientists tell us that we shouldn't build new fossil fuel infrastructure. so, are you then of the firm view that countries in africa, for instance, that've discovered oil and gas shouldn't be given any investment? because i tell you why — tanzania's energy minister january makamba said
component while we're phasing down fossil fuels, step by step. all right. you say the scientists tell us that we shouldn't build new fossil fuel infrastructure. so, are you then of the firm view that countries in africa, for instance, that've discovered oil and gas shouldn't be given any investment? because i tell you why — tanzania's energy minister january makamba said in february this year, "for a move away from hypocrisy by "wealthy nations refusing to finance gas projects." is he right or is he wrong? well, you know what? i guess the — what we're trying to make happen is an alternative way forward for tanzania. how do we actually invest — and that's what we're doing — in renewable energy that brings energy access, that doesn't lock countries into potential long—term assets that become stranded assets — so that, you know, they have to phase—out the gas? i think it's on us, developed countries, to actually providing those
already have too much fossil fuel infrastructure. the scientists have told us we cannot build new fossil fuel infrastructure so we really need a course correction right now, and that's why we have to build up the renewables component while we are facing down fossilfuel step by component while we are facing down fossil fuel step by step. all right, you say the scientist tell us we should not build new fossil fuel infrastructure so are you then of the firm view that countries in africa, for instance, that have discovered oil and gas shouldn't be given any investment, because i tell you why. tanzania's energy minister said in february this year for a move away from democracy by wealthy nations refusing to finance gas projects. is he right or is he wrong? i guess what we're _ right or is he wrong? i guess what we're trying _ right or is he wrong? i guess what we're trying to - right or is he wrong? i guess what we're trying to make i what we're trying to make happen is an alternative way forward for tanzania. how do we actually invest, and that's what we're doing, in renewable energy that brings energy access that does not lock countries into potential
what is your clear objective? have you got a date? i think the intergovernmental panel on climate change, the world's scientific body, has different dates for sectors. germany, for example, the date for coal phase out is 2030. that's what we're working towards in germany, is to phase that out. it's a bit later in developing countries, emerging economies, like 2040. i think fossilfuels, you're looking at moving into 2040, 2050, but it's pretty clear we already have too much fossil fuel infrastructure. the scientists have told us we can't build new fossil fuel infrastructure, so we really need a course correction right now. that's why we have to build up the renewables component while we're phasing down fossil fuels step by step. you say the scientists tell us that we shouldn't build new fossil fuel infrastructure. so are you, then, of the firm view that countries in africa, for instance, that have discovered oil and gas shouldn't be given any investment? because i tell you why — tanzania's energy minister, january makamba, said in february