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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 19/Nov 09:40

Climate can kicked down the road

COP30 is underway at Belem in Brazil, but with low expectations. Not only has the US, under President Trump, pulled out of the Paris Agreement – starting January – but his administration is actively undermining the conference. Also, global developments during the past year to a certain extent have taken some of the steam out of energy transition. There is a growing realisation that even though energy transition is progressing, it is doing so at a lower rate than originally envisaged, making it less and less likely that it will achieve its 2050 goals. Muted global business turnout at COP30

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