Business urges government: go fossil to clean

The We Mean Business Coalition has convened 131 companies, representing nearly $1 trillion in combined revenue, to call on governments to phase out unabated fossil fuels and triple global renewable electricity capacity. The coalition argues that policy certainty and coherence are essential for businesses to meet science-based targets and develop affordable alternatives to fossil fuels. The group specifically urges governments to set clear phase-out timelines, commit to 100% decarbonized power, reform fossil fuel subsidies, and support a just transition in the Global South.

• A group of 131 companies with a combined revenue of nearly $1 trillion is calling on governments to accelerate the ramp-up of clean energy and phase out the production and use of fossil fuels.
• Signatories to the open letter, including companies such as Unilever, Nestlé, and Volvo Cars, are urging COP28 parties to establish a framework for tripling global renewable electricity capacity and fully phasing out unabated fossil fuels.
• The coalition identifies four specific government actions required to achieve the energy transition: establishing clear fossil fuel phase-out targets and timelines, committing to 100% decarbonized power, reforming fossil fuel subsidies, and supporting the Global South in a just transition.
• The document argues that policy coherence and certainty are necessary for businesses to implement science-based targets and create reliable, affordable alternatives to fossil fuels within their supply chains and operations.

APA

Mendiluce, M. (2023). Business urges government: go fossil to clean. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/business-urges-government-go-fossil-to-clean/

Chicago

Mendiluce, María. Business urges government: go fossil to clean. We Mean Business Coalition, 2023. https://www.wemeanbusinesscoalition.org/blog/business-urges-government-go-fossil-to-clean/.

Wikipedia

{{cite press release |last1=Mendiluce |first1=María |title=Business urges government: go fossil to clean |publisher=We Mean Business Coalition |date=23 October 2023 |url=https://www.wemeanbusinesscoalition.org/blog/business-urges-government-go-fossil-to-clean/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{mendiluce2023business, author = {Mendiluce, María}, title = {{Business urges government: go fossil to clean}}, publisher = {We Mean Business Coalition}, year = {2023}, month = oct, url = {https://www.wemeanbusinesscoalition.org/blog/business-urges-government-go-fossil-to-clean/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }