Sign In or Create an Account.

By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy

Climate

AM Briefing: Hope and Panic at COP28

On Saudi Arabia's red line, Tesla's Cybertruck, and 2023 Google Trends

AM Briefing: Hope and Panic at COP28
Heatmap Illustration/Getty Images

Current conditions: At least six were killed in tornadoes that ripped through Tennessee over the weekend • Severe Tropical Cyclone Jasper is intensifying off of Australia’s Queensland coast • Dubai’s air quality is “moderate” today.

THE TOP FIVE

1. Saudi Arabia opposes any mention of fossil fuels in COP28 deal

It’s crunch time at COP28. The United Nations climate summit is officially scheduled to end tomorrow morning, but is likely to run over, as much work remains even after a weekend of intense talks and pleas for compromise. There is still no consensus on the language in the global stocktake on the future of fossil fuels – phase out, phase down, or otherwise. Any agreement to come out of COP must be unanimous, meaning opposition from just one of the nearly 200 countries participating can sink a deal. Oil giant Saudi Arabia has “flatly opposed any language in a deal that would even mention fossil fuels,” reportsThe New York Times, adding that Saudi diplomats have intentionally slowed and obstructed the negotiation process. The United States, India, Russia, China, and Iraq have all called for caveats or provisions to a phase out. This morning U.N. Secretary-General Antonio Guterres returned to the conference and called for an end to the fossil fuel age. “Now is the time for maximum ambition and maximum flexibility,” Guterres said.

Activists at COP28.Activists at COP28 call for negotiators to "hold the line" on ending fossil fuels. Sean Gallup/Getty Images

2. Some see signs of ‘panic’ from fossil fuel industry at COP

The “full-scale resistance” from oil producing nations and fossil fuel lobbyists at COP28 is a sign of panic, Germany’s climate envoy Jennifer Morgan tellsPolitico. Others echo her assessment:

  • “Perverse though it may seem, in one sense the strenuous efforts of fossil fuel interests to hijack the U.N. climate process could be seen as a sign of hope. The industry understands that it is under threat.” –The Guardianeditorial board
  • “I think they’re panicking.” –Alden Meyer, an analyst with climate think tank E3G
  • “They’re scared. I think they’re worried.” –Former Ireland President Mary Robinson

COP negotiators are considering a historic call for phasing out fossil fuels in the summit's global stocktake. The Organization of the Petroleum Exporting Countries (OPEC) is working hard to convince its members – and the world – that this would be a mistake. Last week OPEC’s leader urged members to reject any text that “targets energy i.e. fossil fuels.” Over the weekend the group hosted a youth event at the conference “aimed at convincing young people to support fossil fuels,” Reuters reports. About a dozen people attended.

3. The Cybertruck is eligible for the EV tax credit, but ...

Tesla’s Cybertruck is eligible for the $7,500 federal tax credit for 2023, according toInside EVs. The all-wheel-drive (AWD) variant and the tri-motor Cyberbeast are both eligible for the incentive. But there’s a catch: The tax credit is only available for pickups that cost less than $80,000, which would disqualify the $99,990 Cyberbeast. And the AWD version just barely qualifies at $79,990, but deliveries won’t start until next year. Taken together, this means “there might be no tax credit for Cybertrucks right now, period,” Inside EVs says. And this is compounded by the fact that the EV tax credit system is changing on January 1, and “nobody knows which — if any — EVs will qualify,” writes Heatmap’s Emily Pontecorvo. “All signs indicate that the list of qualifying vehicles is set to shrink.”

4. Argentina will remain committed to Paris Agreement

Argentina’s top climate diplomat Marcia Levaggi insists that the country will remain part of the Paris Agreement, Reutersreports. The news follows the shock election of the right-wing candidate Javier Milei as the nation’s next president. Milei has a history of climate skepticism. He has called climate change a “socialist lie” and promised to withdraw the country from the landmark climate agreement. “Yet, since his victory three weeks ago, the self-described ‘anarcho-capitalist’ has begun backpedalling on some of his more contentious policies,” saysThe Telegraph. Milei is a former TV star with “striking” similarities to former President Donald Trump, from his wild hair to his affinity for conspiracy theories, writesThe Washington Post. Trump infamously withdrew the U.S. from the Paris Agreement, only for the decision to be reversed by President Biden.

5. Extreme weather news dominated Google Trends in 2023

Three of the top 10 most-Googled news events in 2023 were hurricanes, according to Google’s annual Year in Search report. Other dominant topics on the list included war (between Israel and Gaza, and in Sudan), mass shootings (in Maine and Nashville), and the ill-fated Titan submersible. But extreme weather took the largest slice of the pie, with Hurricanes Hilary, Idalia, and Lee falling into slots 4, 5, and 6, respectively, on the global top 10 news list. When the list was narrowed to U.S.-based searches only, the hurricanes accounted for 3 of the top 5 searches. The Last Of Us, a TV show about a deadly fungus enabled by climate change, was the world’s most-Googled show of the year.

Screenshot of trending news events for 2023 in the U.S.Trending news events for 2023 in the U.S. Screenshot: Google Trends

THE KICKER

The vast majority of the 4,813 wildfires that have occurred this year in North Carolina were caused by humans.

Yellow

You’re out of free articles.

Subscribe today to experience Heatmap’s expert analysis 
of climate change, clean energy, and sustainability.
To continue reading
Create a free account or sign in to unlock more free articles.
or
Please enter an email address
By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy
Economy

How to Make a Ghost Town

The raw material of America’s energy transition is poised for another boom.

Superior, Arizona.
Heatmap Illustration/Jeva Lange, Library of Congress

In the town of Superior, Arizona, there is a hotel. In the hotel, there is a room. And in the room, there is a ghost.

Henry Muñoz’s father owned the building in the early 1980s, back when it was still a boarding house and the “Magma” in its name, Hotel Magma, referred to the copper mine up the hill. One night, a boarder from Nogales, Mexico, awoke to a phantom trying to pin her to the wall with the mattress; naturally, she demanded a new room. When Muñoz, then in his fearless early 20s, heard this story from his father, he became curious. Following his swing shift at the mine, Muñoz posted himself to the room with a case of beer and passed the hours until dawn drinking and waiting for the spirit to make itself known.

Keep reading...Show less
Green
Technology

What If We Get Fusion — But Don’t Need It?

Even if the technology works, the economics might not.

An atom.
Heatmap Illustration/Getty Images

Nuclear fusion, sometimes breathlessly referred to as the “holy grail” of clean energy, capable of providing “near limitless” energy, might actually, finally be on the verge of working. And when that first prototype reactor turns on, the feverish headlines about harnessing the power of the sun and the stars here on Earth will at least be somewhat justified. Fusion is going to be a massive scientific achievement, but in a practical sense, it might not matter.

“We can make it work,” Egemen Kolemen, fusion expert and associate professor of mechanical and aerospace engineering at Princeton University, told me. “But at what price?”

Keep reading...Show less
Green
Electric Vehicles

AM Briefing: Volvo Reverses

On EV sales, rural clean energy, and a union vote

Volvo Is Watering Down Its 2030 All-Electric Pledge
Heatmap Illustration/Getty Images

Current conditions: Thunderstorms brought widespread flooding to Tampa Bay, Florida • The famous Constantine Arch in Rome was damaged by lightning • Super Typhoon Yagi is now the second-most powerful storm of 2024 and is expected to hit China on Friday.

THE TOP FIVE

1. Biden to announce $7.3 billion in rural clean energy grants

The Biden administration today is expected to announce $7.3 billion in grants for rural electric cooperatives to finance clean energy projects aimed at bringing reliable, affordable energy to rural Americans. The infusion, which comes from the Empowering Rural America (New ERA) program of the Inflation Reduction Act, is “the largest investment in rural electrification since FDR’s administration,” said White House Deputy Chief of Staff Natalie Quillian. The 16 cooperatives will have projects dotted across 23 states. The projects are expected to create 4,500 permanent jobs and prevent more than 43 million tons of greenhouse gas pollution each year. Biden will announce the news at the Dairyland Power Cooperative in Wisconsin. Dairyland will receive $573 million for solar and wind installations across Wisconsin, Iowa, Minnesota, and Illinois. “One in five rural Americans will benefit from these clean energy investments, thanks to partnerships with rural electric cooperatives like Dairyland,” said Agriculture Secretary Tom Vilsack in a statement. “Put simply, this is rural power, for rural America.”

Keep reading...Show less
Yellow