What happened at COP29?
Energy Gang27 Nov 2024

What happened at COP29?

The climate talks agreed a $300 billion finance deal. Not everyone is happy about it.

The COP29 climate talks in Baku, Azerbaijan, finally ended around 5.30am on Sunday morning, almost 36 hours after they had been originally scheduled to close. The good news was that the negotiators representing about 200 countries agreed a deal on climate finance: flows of capital from developed countries to low and middle-income countries, to help them cut emissions and adapt to a warming world. The bad news was that many countries felt the amount agreed – $300 billion a year by 2035 – was much too low. India and other developing countries had suggested a sum of $1 trillion or more a year was needed.

Ed Crooks, now back home after attending the talks, is joined by Energy Gang regulars Melissa Lott, the partner general manager for energy technologies at Microsoft, and Amy Harder, the executive editor of the energy and climate news service Cipher. They discuss the outcomes from the negotiations: what was agreed and what it means. We also hear from Amy’s colleague Anca Gurzu, who was following all the action at the talks in Baku.

This conference was billed as “the finance COP”. If it had failed to agree a deal on finance, that would have been disastrous for the international effort to tackle climate change through the UNFCCC. But with a deal offering so much less than the amounts that developing countries had been hoping for, where does COP29 mean for the global energy transition? And as we look ahead to the crucial COP30 in Brazil a year from now, can we expect the countries of the world to commit to more ambitious goals for cutting emissions?

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Episoder(566)

Real Talk: Has the Geothermal Industry Failed in Its Messaging?

Real Talk: Has the Geothermal Industry Failed in Its Messaging?

No one denies the immense potential of geothermal. Despite that potential, the industry has grown incrementally over the years and failed to attract strong investment flow, particularly in the U.S. So...

11 Okt 201341min

To Hell With the Gov't Shutdown, Let's Create Some Cleantech Wealth

To Hell With the Gov't Shutdown, Let's Create Some Cleantech Wealth

This week, we'll forget the political train wreck in Washington (for a little while) and instead turn our attention to the business leaders helping build new wealth opportunities in clean energy. Ener...

3 Okt 201334min

How To Save the Power Companies From Themselves

How To Save the Power Companies From Themselves

Almost everyone admits it: utilities are going to be in for some serious trouble if they don't start thinking about how to properly manage the coming surge in distributed energy. But we can't entirely...

21 Sep 201334min

Will the Emerging Climate Movement Help Cleantech?

Will the Emerging Climate Movement Help Cleantech?

After failing to pass a climate bill in 2010, the environmental movement has seen a new surge of activism mobilized by the fight against Keystone XL. So what are the implications for the clean energy ...

13 Sep 201343min

Is Solar About to Get Screwed or Saved in California?

Is Solar About to Get Screwed or Saved in California?

California is a bellwether for the solar industry, which is why a new bill being considered in the state could have wide-ranging impacts around the country. The state is currently considering a bill t...

6 Sep 201346min

Why Have Venture Capitalists Flopped in Cleantech?

Why Have Venture Capitalists Flopped in Cleantech?

Venture investments in cleantech have taken a nosedive after bringing in poor returns. But the problem isn't in cleantech -- it's in the investment strategy. On this week's podcast, The Gang will talk...

30 Aug 201334min

Are Utilities Ready for the Coming Death Spiral?

Are Utilities Ready for the Coming Death Spiral?

Utilities are on the verge of a "death spiral" as more customers leave the grid and implement distributed energy technologies like solar. The same thing happened in Telecom as the rise of mobile phone...

15 Aug 201341min

Reviewing Gasland 2: What the Frack Is Happening With Natural Gas?

Reviewing Gasland 2: What the Frack Is Happening With Natural Gas?

Filmmaker and activist Josh Fox has just released his new film on the U.S. natural gas fracking industry, Gasland 2. As expected, environmental activists are holding it up as gospel and the natural ga...

25 Jul 201342min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
tid-er-penger-en-podcast-med-peter-warren
finansredaksjonen
pengepodden-2
utbytte
liberal-halvtime
rss-markedspuls-2
pengesnakk
livet-pa-veien-med-jan-erik-larssen
rss-pa-konto
morgenkaffen-med-finansavisen
lederpodden
rss-politisk-preik
stormkast-med-valebrokk-stordalen
rss-investering-gjort-enkelt