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Fossil fuel phase-out pledges lag behind net zero commitments, report warns

Coal mining
Net Zero Tracker says that only 3% of coal-producing countries with net zero targets have committed to a full phase-out of exploration (Photo: George Frey/Getty Images)

Only 0.8% of global oil production is covered by a phase-out target, research from Net Zero Tracker shows

Despite increases in clean energy investment and ambitious net zero targets, few governments and private companies have put timescales in place for a fossil fuel phase-out, Net Zero Tracker says.

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