Staying within 1.5°C means phasing out all fossil fuels

The We Mean Business Coalition asserts that current climate plans are insufficient to meet Paris Agreement goals and that staying within the 1.5°C limit requires a total phase-out of fossil fuels. The statement urges G7 governments to lead by redirecting subsidies, pricing carbon, and accelerating the uptake of clean energy technologies. It calls on businesses to develop science-aligned transition plans and invest in decarbonized solutions to ensure a secure and equitable global energy transition.

• Current global climate plans are insufficient to achieve the objectives set by the Paris Agreement, necessitating immediate and transformative action to avoid the risks of exceeding a 1.5°C temperature increase.
• A transition away from fossil fuels toward a clean energy system is described as economically sound and a matter of smart risk management, noting that costs for alternatives are falling as they reach mass adoption.
• The author calls on G7 governments to implement bold policies and timelines to phase out fossil fuels, specifically by removing fossil fuel subsidies, implementing carbon pricing, and increasing investment in electrification, energy efficiency, and renewables.
• Businesses are urged to align their emissions cuts with the 1.5°C pathway, create transparent climate transition action plans, and advocate for government policies that accelerate the shift to clean energy.

APA

Mendiluce, M. (2023). Staying within 1.5°C means phasing out all fossil fuels. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/staying-within-1-5c-means-phasing-out-all-fossil-fuels/

Chicago

Mendiluce, María. Staying within 1.5°C means phasing out all fossil fuels. We Mean Business Coalition, 2023. https://www.wemeanbusinesscoalition.org/blog/staying-within-1-5c-means-phasing-out-all-fossil-fuels/.

Wikipedia

{{cite press release |last1=Mendiluce |first1=María |title=Staying within 1.5°C means phasing out all fossil fuels |publisher=We Mean Business Coalition |date=20 March 2023 |url=https://www.wemeanbusinesscoalition.org/blog/staying-within-1-5c-means-phasing-out-all-fossil-fuels/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{mendiluce2023staying, author = {Mendiluce, María}, title = {{Staying within 1.5°C means phasing out all fossil fuels}}, publisher = {We Mean Business Coalition}, year = {2023}, month = mar, url = {https://www.wemeanbusinesscoalition.org/blog/staying-within-1-5c-means-phasing-out-all-fossil-fuels/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }