US EditionThe Global Axis of Climate Leadership Has Shifted
4 Articles
4 Articles
Time Magazine
DNyuzThe Global Axis of Climate Leadership Has Shifted
Just hours after President Trump signed his budget reconciliation bill on July 4 gutting U.S. climate policy, leaders of emerging market countries were gathering in Rio de Janeiro for the BRICS summit. Advancing climate efforts ranked high among their priorities. Days earlier, the European Union’s executive body had announced a new 2040 emissions reduction target with greater ambition than earlier goals. [time-brightcove not-tgx=”true”] This tr…
Although President Lula da Silva insisted that the energy transition is “imposterable” and recalled the commitment made at COP28 to phase out fossil fuels, the final declaration of the Brics summit in Brazil omitted that point. Instead, the text recognizes that “fossil fuels still play an important role in the global energy matrix, particularly for emerging markets and developing economies,” contradicting the message Lula attempted to position, …
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