{"id":1195411,"date":"2023-10-23T16:00:00","date_gmt":"2023-10-23T20:00:00","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=1195411"},"modified":"2023-10-23T16:00:00","modified_gmt":"2023-10-23T20:00:00","slug":"nestle-volvo-among-130-companies-urging-cop28-agreement-to-ditch-fossil-fuels","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=1195411","title":{"rendered":"Nestle, Volvo Among 130 Companies Urging COP28 Agreement To Ditch Fossil Fuels"},"content":{"rendered":"<p>Companies including Nestle, Unilever, Mahindra Group and Volvo Cars are urging political leaders to agree a timeline at the upcoming U.N. climate summit to phase out fossil fuels. From a report: The 131 companies, which have nearly $1 trillion in global annual revenues, wrote in a letter published on Monday that attendees at the COP28 summit must commit to reach 100% decarbonised power systems by 2035 for richer economies, and help developing countries financially so they can ditch fossil fuels by 2040 at the latest. &#8220;Our businesses are feeling the impacts and cost of increasing extreme weather events resulting from climate change,&#8221; the companies wrote in the letter, which was coordinated by the non-profit We Mean Business Coalition, which is pushing for greater climate action globally. <\/p>\n<p>&#8220;To decarbonise the global energy system, we need to ramp up clean energy as fast as we phase out the use and production of fossil fuels,&#8221; they wrote. The letter&#8217;s 131 signatories, which include Bayer, Heineken, IKEA and Iberdrola, span a range of sectors and include multinationals and small and medium-sized businesses. Companies are increasingly committing to their own timelines for reducing their emissions, but many acknowledge that their ability to slow planet-warming CO2 emissions is contingent on faster action from governments.<\/p>\n<p \/>\n<div class=\"share_submission\" style=\"position:relative\">\n<a class=\"slashpop\" href=\"http:\/\/twitter.com\/home?status=Nestle%2C+Volvo+Among+130+Companies+Urging+COP28+Agreement+To+Ditch+Fossil+Fuels%3A+https%3A%2F%2Fnews.slashdot.org%2Fstory%2F23%2F10%2F23%2F191257%2F%3Futm_source%3Dtwitter%26utm_medium%3Dtwitter\"><img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/10\/twitter_icon_large-867.png\" \/><\/a><br \/>\n<a class=\"slashpop\" href=\"http:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fnews.slashdot.org%2Fstory%2F23%2F10%2F23%2F191257%2Fnestle-volvo-among-130-companies-urging-cop28-agreement-to-ditch-fossil-fuels%3Futm_source%3Dslashdot%26utm_medium%3Dfacebook\"><img decoding=\"async\" src=\"https:\/\/www.prime-wow.com\/wp-content\/uploads\/2023\/10\/facebook_icon_large-433.png\" \/><\/a><\/p>\n<\/div>\n<p><a href=\"https:\/\/news.slashdot.org\/story\/23\/10\/23\/191257\/nestle-volvo-among-130-companies-urging-cop28-agreement-to-ditch-fossil-fuels?utm_source=rss1.0moreanon&amp;utm_medium=feed\">Read more of this story<\/a> at Slashdot.<\/p>\n<p>&#013;<br \/>\n&#013;<br \/>\nSource: Slashdot &#8211; <a href=\"https:\/\/news.slashdot.org\/story\/23\/10\/23\/191257\/nestle-volvo-among-130-companies-urging-cop28-agreement-to-ditch-fossil-fuels?utm_source=rss1.0mainlinkanon&amp;utm_medium=feed\" target=\"_blank\" rel=\"noopener\">Nestle, Volvo Among 130 Companies Urging COP28 Agreement To Ditch Fossil Fuels<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Companies including Nestle, Unilever, Mahindra Group and Volvo Cars are urging political leaders to agree a timeline at the upcoming U.N. climate summit to phase out fossil fuels. From a report: The 131 companies, which have nearly $1 trillion in &hellip; <a href=\"https:\/\/www.prime-wow.com\/?p=1195411\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1195412,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,110],"tags":[100],"class_list":["post-1195411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-slashdot","category-unfiltered-rss","tag-slashdot"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1195411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1195411"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/1195411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/1195412"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1195411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1195411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1195411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}