Tag: fossil fuel

Conferences

Fossil fuel disagreements stall COP30 talks in Brazil

Negotiations at COP30 climate talks in Brazil ran into overtime on Saturday with no agreement struck and delegates still locked in a bitter fight over whether to mention fossil fuels in the final text. The conference in the Amazonian city of Belem was supposed to wrap up on Friday evening at 6:00 pm (2100 GMT) […]

G7 Nations to speed up renewable energy, phase out fossil fuel
featured

G7 Nations to speed up renewable energy, phase out fossil fuel

The G7 nations have agreed to hasten the deployment of renewable energy and curtail natural gas consumption in a bid to accelerate the phasing out of fossil fuels, according to a communique issued on Sunday. The G7 is an informal grouping of seven of the world’s advanced economies, including Canada, France, Germany, Italy, Japan, the […]

EU invests €3bn, generates 160,000 jobs in Nigeria yearly - Ambassador
Business

EU to increase renewable energy target by 2030

The European Union on Thursday made a provisional agreement on increasing renewable energy targets, a key component of the EU’s strategy to combat climate change and reduce reliance on fossil fuels from Russia. Reuters reported that negotiators from the European Parliament and the Council, who represent EU member states, agreed that by 2030, the EU […]

News

Lagos businesses spend N5.3tn on fossil fuel annually

Lagos State residents and businesses operating in the state spend about N5.3tn annually on fossil fuel as a result of the low supply of electricity from the national grid. The Commissioner for Environment and Water Resources, Mr Tunji Bello, while speaking at the first Lagos State climate change business meeting with members of the Organised […]