Fossil to Clean FAQs

The Fossil to Clean campaign, led by the We Mean Business Coalition, seeks to accelerate the transition to a net-zero future by mobilizing businesses to signal demand for fossil fuel phase-out and urging governments to implement supportive policies. The campaign focuses on ensuring the 2025 Nationally Determined Contributions (NDCs) include specific fossil fuel phase-out targets aligned with 1.5°C pathways. In 2023, the campaign mobilized over 200 companies with annual revenues exceeding US$1.5 trillion to advocate for the phase-out of unabated fossil fuels and the tripling of renewable energy capacity.

• In 2023, the Fossil to Clean campaign mobilized more than 200 companies with combined annual revenues exceeding US$1.5 trillion to call for the phase-out of unabated fossil fuels, a tripling of renewable energy capacity, and a doubling of the rate of energy efficiency deployment.
• The campaign identifies a critical window of influence in 2024 to ensure that the outcomes of the UAE Consensus are integrated into the updated Nationally Determined Contributions (NDCs) due in 2025, which is the final opportunity before 2030 to halve global emissions to maintain the 1.5°C target.
• The campaign's vision is for fossil fuel consumption to peak and decline by 2030, supported by an 'ambition loop' where bold government policies and private sector leadership reinforce each other.
• The Fossil to Clean Principles for Global Fossil Fuel Phase-Out aim to fill a gap in existing science-based targets, as few of the 13,000 organisations with science-based targets or Race to Zero commitments have explicitly set a target for fossil fuel phase-out.
• The campaign argues that an explicit demand signal for fossil fuel phase-out from businesses will counter arguments from producers that continued oil and gas production is necessary to prevent supply-demand volatility.
• Regarding developing countries, the campaign states that developed nations should be first movers in phasing out fossil fuels and provide financial support to developing countries to manage the risk of stranded assets and ensure a just transition.
• The campaign adopts the IPCC definition of abated fossil fuel use, requiring interventions that substantially reduce life cycle GHG emissions, such as CO2 capture rates over 90% for power plants or 50-80% for fugitive methane emissions, with storage on a geological timescale.

APA

We Mean Business Coalition (2024). Fossil to Clean FAQs. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2024/06/Fossil-to-Clean-Website-FAQs.pdf

Chicago

We Mean Business Coalition. Fossil to Clean FAQs. 2024. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2024/06/Fossil-to-Clean-Website-FAQs.pdf.

Wikipedia

{{cite report |author=We Mean Business Coalition |title=Fossil to Clean FAQs |date=30 May 2024 |url=https://www.wemeanbusinesscoalition.org/wp-content/uploads/2024/06/Fossil-to-Clean-Website-FAQs.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{wemeanbusinesscoalition2024fossil, author = {{We Mean Business Coalition}}, title = {{Fossil to Clean FAQs}}, institution = {We Mean Business Coalition}, year = {2024}, month = may, url = {https://www.wemeanbusinesscoalition.org/wp-content/uploads/2024/06/Fossil-to-Clean-Website-FAQs.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }