As host of this G20, Australia reluctantly released a statement that had been agreed with other leaders at the summit. Interesting energy and climate related commitments were made, including:
- To improve energy efficiency emphasizing six sectors: buildings, transportation -especially heavy vehicles, industrial processes, electricity generation, the financing of energy efficiency, and efficiency of networked devices. The White House highlighted a focus on heavy trucks and large vehicles that represent half the vehicle emissions but only 10% of traffic. The USA is keen on promoting its leadership in this area.
- To phase out fossil-fuel subsidies that encourage wasteful consumption. The USA, China and Germany will conduct a study with the support of the European Union.
- Strong and effective actions to address climate change, including a successful outcome of the Paris climate conference in 2015. Domestic targets for emissions reductions should be announced as soon as possible, ideally by early 2015.
- The importance…
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