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SAFETY4SEA

UN calls to put an end on fossil fuel subsidies

by The Editorial Team
January 13, 2021
in Fuels
UN fossil fuel

Above image used for illustration purposes only/ Credit: Port of Rotterdam

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In an effort to build a global coalition for carbon neutrality, UN Secretary-General António Guterres during a conference on climate action, called for ‘urgent transition’ from fossil fuels to renewable energy.

Namely, during the virtual UN Climate Change Conference in Glasgow known as “COP26 Roundtable on Clean Power Transition”, Mr. António Guterres noted that:

To achieve net zero emissions by 2050, we need an urgent transition from fossil fuels to renewable energy.

What is more, Mr. Guterres stated that all nations need to be able to provide access to clean and renewable energy that prevents the dangerous heating of the planet.

In fact, the UN Chief asked for a “strong commitment from all governments” to end fossil fuel subsidies, put a price on carbon, shift taxation from people to pollution, and end the construction of coal-fired power plants.

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As explained, there is an immediate need for an annual 6% decrease in energy production from fossil fuels through renewables, transition programmes, economic diversification plans, green bonds and other instruments in order to advance sustainability.

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