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Semafor net zero
🟡 Semafor Net Zero: COP29 deadlocked on finance talks
Brazil, China, and India are stepping into a leadership vacuum left by the US.
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COP29 struggles to crack climate finance puzzle
Brazil, China, and India are stepping into a leadership vacuum left by the US.
Aziz Karimov/Reuters
CEO of major US power utility urges Trump to remain in Paris Agreement
Pedro Pizarro, who leads Edison International, is the latest business leader to warn of the consequences of the US withdrawing from climate diplomacy.
Flickr
Race for lithium to fuel green transition encounters new challenges
Lithium is vital for green technologies like electric vehicle batteries, but efforts to ramp up global production are flagging.
Enrique Marcarian/File Photo/Reuters
Republican lawmakers at COP29 propose more US gas exports as a climate solution
One GOP lawmaker said the push toward renewables has weakened global energy security, while gas and nuclear are “clean” and “reliable.”
Maxim Shemetov/Reuters
Trump chooses climate skeptic Chris Wright as energy secretary
Wright, CEO of the oilfield services firm Liberty Energy and a major Republican donor, said last year that “there is no climate crisis.”
Wikimedia Commons
G20 summit opens in Brazil, as global diplomatic tensions run high
The summit has been overshadowed by international wars and US President-elect Donald Trump’s impending return to office.
Ricardo Moraes/Reuters
To resist China and Russia, Biden official urges Trump to back clean energy in Ukraine
“If Ukraine can do it, nobody has any excuses.”
UN pushes G20 on climate agreement as COP29 talks stall
With negotiations on climate finance in Baku at a standstill, leaders are turning to the G20 meeting in Brazil for a breakthrough .
Homeowners and insurance companies could suffer if Trump ignores climate risk
A climate executive at a global reinsurance broker said homeowners and insurance companies will pay the price if the Trump administration rolls back disaster planning policies.
Gaza conflict emissions equal to the annual carbon footprint of 16 coal plants, study finds
The number includes direct emissions from military hardware and emissions associated with construction materials to rebuild urban areas in Gaza.
Calls grow for Trump administration to keep methane curbs in place
US gas companies risk losing access to export markets if Donald Trump walks back methane regulations, said the CEO of a climate philanthropic group.
Countries’ climate policies fall vastly short of meeting global warming goals, report finds
The report found the growth of renewable energy over the past several years has been effectively canceled out — emissions-wise — by the parallel growth of fossil fuels.
US manufacturing is at risk from Trump, climate official warns
Domestic manufacturing, in particular, is at “a fragile inflection point,” and the changes to climate policy could cut new investments short.
Challenges with global climate financing overshadow COP29
COP29 is focused on getting the money needed to tackle climate change on the table, but disagreements over who pays loom large.
New Delhi shuts down primary schools as smog worsens
The Indian capital overtook Lahore as the world’s most polluted city, with the smog triggering flight diversions.
China’s Belt and Road is back — but smaller, and greener
The country is slowly ramping up energy-related lending to developing nations, albeit with two major shifts.
Exxon CEO: Trump shouldn’t scrap methane regulations
Oil companies should play a bigger role in global climate action, Darren Woods told Semafor.
COP29 opens with low expectations for major agreements
Many climate advocates fear that the reelection of Donald Trump as US president will derail climate funding talks.