G20 leaders have agreed on boosting renewable energy, but didn’t agree on phasing out oil and gas. The deal emphasizes clean energy, and sees fossil fuels playing a role to complement it. Leaders have acknowledged hydrogen and carbon capture as technologies to develop.
Countries agreed on accelerating investment to hit emission targets. However, the agreement didn’t reach a consensus on timelines to phase out oil and gas.
Talks were held on renewing transmission infrastructure for renewables. Leaders also stressed the importance of global energy security. Despite disagreements, the meeting underlined the role of clean energy in addressing climate change.
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