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3 weeks ago
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Source: AFP
Europe indispensable prehend connected the "huge economical opportunities" offered by the greenish technology boom, Germany said Wednesday -- adding it was up to the United States if it decided to miss out.
Since returning to the White House, President Donald Trump's medication has withdrawn the United States from the landmark Paris Agreement for a 2nd clip and vowed to absorption heavy connected fossil substance extraction.
German Chancellor Olaf Scholz said astatine a clime league successful Berlin that helium "deeply regretted" the United States leaving the Paris clime accord and stressed the "enormous" economical opportunities it is missing retired on.
"The planetary marketplace for climate-friendly cardinal technologies continues to turn rapidly," Scholz told the Petersberg Climate Dialogue.
He said investments successful the planetary energy modulation had exceeded the $2 trillion mark, which "corresponds to the measurement of the full planetary lipid commercialized today".
The meeting's host, Foreign Minister Annalena Baerbock, said economical information contradicted the "old prejudice" that investing successful clime extortion was "unaffordable".
Source: AFP
"We each cognize that determination are spoilers successful the satellite close present who privation to prevent" greater clime investments, she told the archetypal large gathering of the twelvemonth related to the COP30 acme taking spot successful Brazil successful November.
Baerbock added that "today clime extortion and economical maturation nary longer contradict 1 another".
"Climate extortion opens up immense economical opportunities, and we arsenic Europeans privation to prehend them", she added.
Europe particularly wants to enactment with "companies and countries successful Latin America, Africa and different regions astir the world," Baerbock said.
"If others, specified arsenic the United States, determine to enactment retired of it, that is their decision."
'Renewing economies'
Source: AFP
United Nations Secretary-General Antonio Guterres echoed Baerbock's message, telling the Berlin gathering successful a virtual code that "renewables are renewing economies".
"They are powering growth, creating jobs, lowering vigor bills and cleaning our air. And each day, they go an adjacent smarter investment."
Baerbock besides hailed arsenic "historic" a caller statement struck successful Germany to transmission an other 100 cardinal euros ($107 billion) to clime measures.
Her Greens, who are acceptable to permission authorities aft faring poorly successful February elections, wrung the concession from different governmental parties successful speech for agreeing to enactment plans for greater defence and infrastructure spending.
EU clime commissioner Wopke Hoekstra meantime warned that the satellite was surviving successful "tremendously hard times".
Source: AFP
"We're facing problems virtually from each absorption -- and intelligibly besides successful the domain of clime action," helium told the meeting.
Beyond the United States withdrawing from clime cooperation, determination person besides been concerns that the contented is being pushed down the planetary docket by nationalist information and economical pressures.
"But there's nary alternative," Hoekstra stressed. "Humanity doesn't person an alternate and cannot wait.
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Source: AFP
