With bold leadership from business and government, we can move from fossil to clean
Summary
The We Mean Business Coalition has launched the 'Fossil to Clean' campaign to accelerate the global transition from fossil fuels to clean energy. The campaign introduces 'Fossil to Clean principles' that call for explicit end dates for fossil fuel use to provide market certainty and prevent unwise economic risks in new oil and gas projects. While over 13,000 businesses are committed to science-based emission reductions, the coalition emphasizes that government regulation is the most critical accelerator to overcome barriers such as permitting delays and lack of infrastructure. The campaign aims to mobilize business voices leading up to COP28 to push governments to include fossil fuel phase-out targets in their Nationally Determined Contributions (NDCs).
Key insights
- The 'Fossil to Clean' campaign introduces principles that establish a 'North Star' for fossil fuel phase-out, specifically emphasizing the necessity of setting an explicit end date for fossil fuels to signal the market to scale clean energy and prevent hedging on fossil fuel longevity.
- Business leaders identify government regulation as the primary accelerator for the energy transition, as policies and incentives are needed to address barriers including permitting delays, commercial viability, and a lack of infrastructure.
- More than 13,000 businesses with a combined value of $38 trillion USD have committed to reducing emissions according to climate science, which requires decarbonizing supply chains and operations through energy efficiency, electrification, and scaling renewables.
- The coalition calls for governments to update their Nationally Determined Contributions (NDCs) to incorporate specific targets and timelines for the phase-out of fossil fuels.
Cite the original document
- APA
- Mendiluce, M. (2023). With bold leadership from business and government, we can move from fossil to clean. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/with-bold-leadership-from-business-and-government-we-can-move-from-fossil-to-clean/
- Chicago
- Mendiluce, María. With bold leadership from business and government, we can move from fossil to clean. We Mean Business Coalition, 2023. https://www.wemeanbusinesscoalition.org/blog/with-bold-leadership-from-business-and-government-we-can-move-from-fossil-to-clean/.
- Wikipedia
- {{cite press release |last1=Mendiluce |first1=María |title=With bold leadership from business and government, we can move from fossil to clean |publisher=We Mean Business Coalition |date=19 September 2023 |url=https://www.wemeanbusinesscoalition.org/blog/with-bold-leadership-from-business-and-government-we-can-move-from-fossil-to-clean/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{mendiluce2023with, author = {Mendiluce, María}, title = {{With bold leadership from business and government, we can move from fossil to clean}}, publisher = {We Mean Business Coalition}, year = {2023}, month = sep, url = {https://www.wemeanbusinesscoalition.org/blog/with-bold-leadership-from-business-and-government-we-can-move-from-fossil-to-clean/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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