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Thursday, June 11, 2015

G7 leaders pledge to phase out fossil fuels this century

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In a monumental step forward against climate change, German chancellor Angela Merkel announced that the G7-leading industrial nations have agreed to phase out the use of fossil fuels by the year 2100. The agreement was reached after lengthy diplomatic negotiations during the G7 summit in Germany. Merkel has said that both public and private sources will be needed to raise the annual $100 billion in funding needed to implement such a change on a global scale.

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