Sign In or Create an Account.

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

Climate

COP28 So Far: A Cheat Sheet

Halfway through the year’s marquee climate conference, here’s where things stand.

COP28 elements.
Heatmap Illustration/Getty Images

It’s a “rest day” at COP28, which means there probably won’t be a ton of news coming out of Dubai as delegates take a breather before the climate talks shift into high gear tomorrow. That makes now a good time to reflect on what’s happened so far and what to expect as the conference enters its second half.

Some key accomplishments:

  • The loss and damage fund: On day one of the conference, world leaders reached a landmark deal to help vulnerable nations deal with the costly effects of climate change. The early accomplishment set an optimistic tone for the summit — although The Guardian notes that wealthy countries have so far pledged $700 million to the fund, “far short of what is needed.” In total, countries have announced $57 billion of various funding pledges at the conference.
  • Methane cuts: About 50 oil and gas companies pledged to slash their methane leaks by 2030. Critics cry greenwashing, but as Heatmap’s Emily Pontecorvo points out, recent technological advances in methane monitoring – including satellites, drones, and handheld detectors – could help in the international effort to hold these companies accountable. A planned $40 million infusion from billionaire philanthropist Michael Bloomberg will bolster the cause, too.
  • A renewables pledge: At least 120 countries backed a pledge to triple global renewable energy capacity by 2030. That goal made it into an early draft of the global stocktake report, the summit’s final deliverable, but that’s no guarantee it will be formally adopted.
  • A nuclear energy declaration: More than 20 countries including the U.S., Canada, the UK, and the United Arab Emirates, pledged to triple global nuclear energy capacity by 2050.
  • Growing support for a fossil phase-out: The number of countries pledging to voluntarily end oil and gas extraction and exploration grew to 24 when Spain, Kenya, and Samoa joined the Beyond Oil & Gas Alliance
  • A global cooling pledge: More than 60 countries pledged to reduce their cooling-related emissions by at least 68% by 2050.

Still to come:

  • Phase out or phase down?: The global stocktake will be the main focus heading into the second week of COP28. This key document will set out the world’s climate goals for the coming years, and help determine how they’ll be accomplished. The most contentious issue is whether to include a call for a phase out of fossil fuels. A new draft of the global stocktake is expected tomorrow.
  • What comes after $100 billion?: Ministers will also need to lay the groundwork for new climate financing targets for poorer countries. Rich nations recently (and belatedly) hit their goal of providing $100 billion annually for poorer countries, a pledge set out in 2009. But finance efforts don’t end there, explains the World Resources Institute. Next year’s COP will call for setting a new “collective quantified goal” that uses the existing $100 billion target as a jumping off point but will likely balloon to be much bigger. Delegates in Dubai will try to come to some consensus on what to prioritize when negotiations start at COP29.

“We had a pretty damn good week here in Dubai already,” U.S. Special Envoy John Kerry told the AP. But underlying it all is the reality that the event is being held in one of the world’s biggest petrostates, fossil fuel lobbyists are out in force, and the summit’s president, Sultan Al-Jaber, has been openly skeptical about the science connecting fossil fuel caps to taming global temperatures.

“I’m not telling you that everybody’s going to come kumbaya to the table,” Kerry added, “but I am telling you we’re going to make our best effort to get the best agreement we can to move as far as we can as fast as we can. That’s what people in the world want us to do. It’s time for adults to behave like adults and get the job done.”

The summit is set to end on December 12, but previous COPs have run into overtime.

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
Climate Tech

Lunar Energy Raises $232 Million to Scale Virtual Power Plants

The startup — founded by the former head of Tesla Energy — is trying to solve a fundamental coordination problem on the grid.

A Lunar Energy module.
Heatmap Illustration/Lunar Energy

The concept of virtual power plants has been kicking around for decades. Coordinating a network of distributed energy resources — think solar panels, batteries, and smart appliances — to operate like a single power plant upends our notion of what grid-scale electricity generation can look like, not to mention the role individual consumers can play. But the idea only began taking slow, stuttering steps from theory to practice once homeowners started pairing rooftop solar with home batteries in the past decade.

Now, enthusiasm is accelerating as extreme weather, electricity load growth, and increased renewables penetration are straining the grid and interconnection queue. And the money is starting to pour in. Today, home battery manufacturer and VPP software company Lunar Energy announced $232 million in new funding — a $102 million Series D round, plus a previously unannounced $130 million Series C — to help deploy its integrated hardware and software systems across the U.S.

Keep reading...Show less
Blue
Adaptation

Why Driverless Cars Still Can’t Handle Snow

Black ice is dangerous, even for the robots.

A robotaxi in the snow.
Heatmap Illustration/Getty Images

If all the snow and ice over the past week has you fed up, you might consider moving to San Francisco, Los Angeles, Phoenix, Austin, or Atlanta. These five cities receive little to no measurable snow in a given year; subtropical Atlanta technically gets the most — maybe a couple of inches per winter, though often none. Even this weekend’s bomb cyclone, which dumped 7 inches across parts of northeastern Georgia, left the Atlanta suburbs with too little accumulation even to make a snowman.

San Francisco and the aforementioned Sun Belt cities are also the five pilot locations of the all-electric autonomous-vehicle company Waymo. That’s no coincidence. “There is no commercial [automated driving] service operating in winter conditions or freezing rain,” Steven Waslander, a University of Toronto robotics professor who leads WinTOR, a research program aimed at extending the seasonality of self-driving cars, told me. “We don’t have it completely solved.”

Keep reading...Show less
Yellow
AM Briefing

Courting a Win

On the FREEDOM Act, Siemens’ bet, and space data centers

Doug Burgum.
Heatmap Illustration/Getty Images

Current conditions: After a brief reprieve of temperatures hovering around freezing, the Northeast is bracing for a return to Arctic air and potential snow squalls at the end of the week • Cyclone Fytia’s death toll more than doubled to seven people in Madagascar as flooding continues • Temperatures in Mongolia are plunging below 0 degrees Fahrenheit for the rest of the workweek.

THE TOP FIVE

1. Interior Secretary suggests Supreme Court could step in to kill offshore wind

Secretary of the Interior Doug Burgum suggested the Supreme Court could step in to overturn the Trump administration’s unbroken string of losses in all five cases where offshore wind developers challenged its attempts to halt construction on turbines. “I believe President Trump wants to kill the wind industry in America,” Fox Business News host Stuart Varney asked during Burgum’s appearance on Tuesday morning. “How are you going to do that when the courts are blocking it?” Burgum dismissed the rulings by what he called “court judges” who “were all at the district level,” and said “there’s always the possibility to keep moving that up through the chain.” Burgum — who, as my colleague Robinson Meyer noted last month, has been thrust into an ideological crisis over Trump’s actions toward Greenland — went on to reiterate the claims made in a Department of Defense report in December that sought to justify the halt to all construction on offshore turbines on the grounds that their operation could “create radar interference that could represent a tremendous threat off our highly populated northeast coast.” The issue isn’t new. The Obama administration put together a task force in 2011 to examine the problem of “radar clutter” from wind turbines. The Department of Energy found that there were ways to mitigate the issue, and promoted the development of next-generation radar that could see past turbines.

Keep reading...Show less
Red