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Wealthy nations are undercutting their climate pledges ahead of the G7 summit in Germany. They're worried about energy prices and energy security

7 days ago   |   By Business Insider

Rich nations gathering for the G7 summit are likely to delay action on climate change. peepo/Getty Images
Inflation and energy security are likely to dominate the G7 summit at the expense of climate action.
President Joe Biden called for a gas-tax holiday while some European countries revert to coal.
Climate advocates say now is the time to invest in renewable energy, not fossil fuels.
In 2007, then-German Chancellor Angela Merkel laid out the climate crisis this way : "It is not five minutes to midnight. It's five past midnight." It seems Germany will need a few more minutes. When...
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