LONDON: The British government’s reliance on market mechanisms to achieve its net-zero targets won’t be enough to rid the country of fossil fuels by 2050, a parliamentary committee says. Global fossil fuel financing of US$ 742bil in 2021 still outpaced investment in renewables, underlining the risks of leaving decarbonisation to the private sector, the Environmental Audit Committee said in a report. Backsliding by the UK government is causing confusion, just as global policy makers redouble thei
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2023-11-30 00:00:00.0