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The United Nations climate conference wants you to think it’s getting real. It’s not total B.S.

How to transition away from fossil fuels. How to measure adaptation. How to confront the gap between national climate plans and the Paris Agreement goals. How to mine critical minerals sustainably and fairly.
How to get things done — not just whether they should get done — was front and center at this year’s United Nations climate conference, a marked shift from the annual event’s proclivity for making broad promises to wrestling with some of the tougher realities of keeping global warming in check.
Friday is the last official day of the two-week gathering known as COP30, taking place on the edge of the Amazon rainforest in Belém, Brazil, although probably not the actual end of it. Despite early assurances from the Brazilian government that this year’s conference would finish on time, delegates are still hashing out a final decision text and are likely to keep at it until at least Saturday.
The Brazilian leadership and other COP veterans have framed this as an “implementation COP,” where parties to the Paris Agreement “move from pledges to action” and similar clichès. It’s certainly not the first time these words have been used at COP. The Paris Agreement itself was billed as “enhancing the implementation” of the UN Framework Convention on Climate Change, the foundational treaty underlying these annual negotiations.
“Action” may be a stretch to describe what ultimately happened this year. As is the case at every COP, the provision of finance, or lack thereof, from developed to developing countries dominated the discussion, preventing progress on other agenda items. “Climate finance just remains this ongoing obstacle,” Rachel Cleetus, a senior policy director for the Union of Concerned Scientists, told me. Global south countries and small island states argue they simply cannot increase their ambition, or work on adaptation, without finance. The conference’s repeated failure to come to terms with that is probably the biggest counterpoint to the idea that these meetings have become more grounded in reality.
It remains to be seen which, if any, of the efforts to work out the details of the transition will make it into the final agreement, but the success of these annual gatherings should not only be measured by what’s in the text.
Here are three key ways Belém has already pushed the conversation forward.
During a speech at the start of the conference, Brazil’s President Luiz Inácio Lula da Silva proclaimed that it is “impossible to discuss the energy transition without talking about critical minerals, essential to make batteries, solar panels, and energy systems.”
Never before had the negotiations broached the subject of all of the industrial earth-moving implicit in the fight against climate change. By the end of the first week, however, one of the working groups had released a draft text that acknowledged “the social and environmental risks associated with” extracting and processing critical minerals.
A later revision of the document added a note about “enabling fair access to opportunities and fair distribution of benefits of value addition,” a reference to breaking the pattern of rich countries extracting minerals cheaply from the Global South while keeping the more profitable processing and manufacturing of those minerals at home. (As of Friday morning, however, references to “critical minerals” were erased from the text.)
The text was released by the Just Transition Work Program, a newer workstream at the conference that was established at COP27 in Egypt. Outside of the critical minerals note, there was a larger push to get Just Transition program as a whole more grounded in reality. This area of the negotiations focuses on ensuring the goals of the Paris Agreement are achieved fairly and equitably, with recognition that the transition will happen at a different pace in different countries, with different implications for each one’s economy. It was primarily established as a forum for countries to exchange ideas and information, with biannual meetings.
At COP30, however, the G77, China, and many global south countries began pushing to turn it into more of an action-oriented group that guides the global transition and tracks progress using agreed-upon metrics.
The Just Transition mechanism is not to be confused with the much-talked-about roadmap to transition away from fossil fuels, although the two are closely tied.
Two years ago, the final agreement at COP28 in Dubai made history with the first-ever call for “transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner.” Last year, however, that edict was dropped, as negotiations over a new climate finance target took precedence. Now it’s been revived, with robust support from countries to build on the statement with a more fleshed-out plan. Phasing out fossil fuels has vastly different implications for different countries, some of whose economies are deeply dependent on revenue from their fossil resources. The roadmap would start to work through what it would really mean to coordinate the effort.
Once again, the message came from the top. “We need roadmaps that will enable humankind, in a fair and planned manner, to overcome its dependence on fossil fuels, halt and reverse deforestation, and mobilize resources to achieve these goals,” Brazil’s Silva said in a speech at the opening of the conference.
This past Tuesday, a coalition of a whopping 82 countries came out in support of this planning effort, pressing for it to be included in the final decision text. “This is a global coalition, with global north and global south countries coming together and saying with one voice: this is an issue which cannot be swept under the carpet,” Ed Miliband, the UK’s energy secretary, said during a press conference that day.
Several more countries have joined since, bringing the count to 88 — nearly half of the 195 parties to the Paris Agreement. The biggest fossil fuel emitters, such as China, India, and Saudi Arabia, are not on board, however. As of Friday morning, all mentions of fossil fuels, let alone a roadmap, have been scrubbed from the draft decision text. Still, the huge coalition backing the roadmap is a sign of a growing and potentially powerful consensus.
One of the big questions looming over this year’s conference was whether and how countries would address their utter failure to live up to the Paris Agreement’s goal to keep warming “well below 2°C above pre-industrial levels,” let alone the more ambitious target of 1.5 degrees.
A report issued by the United Nations Environment Program just before the talks began concluded that countries’ latest climate pledges, known as their “nationally determined contributions,” or NDCs, would put the planet on a path to warm at least 2.3 degrees by the end of the century. It also stated definitively that global average temperatures would exceed 1.5 degrees of warming.
This wasn’t news — scientists have previously concluded that exceeding 1.5 degrees is basically guaranteed. “But this is the first time we saw it so bluntly in the UN report,” Cleetus told me. “So that was a pretty sobering backdrop coming into this COP.”
All countries were supposed to submit updated NDCs this year that contained targets for 2035, but more than 70 have failed to do so, including India, one of the world’s biggest emitters.
Island states, backed by Latin American nations and the EU, wanted the conference to make some kind of declaration that countries’ current pledges are not sufficient and should be revised. The draft text issued this morning, while acknowledging the insufficiencies of NDCs, does not spell out the implications or required response as bluntly as many want to see.
It does, however, introduce an important new concept that could become a key part of the negotiations in the future. For the first time, the text references a resolve to “limit both the magnitude and duration of any temperature overshoot.” This not only acknowledges that it’s possible to bring temperatures back down after warming surpasses 1.5 degrees, but that the level at which temperatures peak, and the length of time we remain at that peak before the world begins to cool, are just as important. The statement implies the need for a much larger conversation about carbon removal that has been nearly absent from the annual COPs, but which scientists say that countries must have if they are serious about the Paris Agreement goals.
"If countries (or the UNFCCC) want to keep talking about reaching 1.5C, they need to embrace net-negative emissions, moving even beyond net-zero,” Oliver Geden, a senior fellow at the German Institute for International and Security Affairs, and an IPCC report author, told me. “If they don't want to do this, then talking about reaching 1.5°C is not credible anymore.”
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We need a ratepayer protection pledge for natural gas, too, argue two energy systems experts.
Everyone is talking about high energy prices, which were a major factor in the midterm elections. And it’s not just electricity: Families are paying 16% more for natural gas now than they were just two years ago. Within a few more years, the boom in electricity demand from data centers could add enough natural gas power plants to expand America’s gas power generation capacity by a third. Some back of the envelope math shows that the additional costs to regular customers from this expansion could total more than $23 billion across all retail gas and electricity prices by 2030.
Large users choosing gas will raise costs for the more than 70 million households in America paying a gas bill every month. It’s simple supply and demand. Some data center developers are working with utilities to connect to the grid, but many others are building their own off-grid power plants that would burn natural gas to power their operations. That would require a massive gas infrastructure build-out on top of the supply pressure, raising costs still further.
Earlier this year, hyperscalers and AI companies signed the Ratepayer Protection Pledge, committing to pay the full costs of their energy and infrastructure, “no matter what,” to avoid increasing energy costs for other customers. Agreeing to limit cost increases for energy is a good start, but the details of that pledge focused only on electricity customers, and it’s not enough to solve the problem. Almost nothing has been said on what that means for natural gas customers, or how data centers should help contain gas costs for families. As the 120th Congress, newly elected governors, and state legislators across the country consider the fastest ways to tackle volatile energy prices, they should consider a Gas Customer Protection Pledge to protect consumers from data centers contributing to surging natural gas bills.
All this new gas demand from data centers could increase costs for the rest of us in at least three ways. First, if history is any indication, the sheer volume of increased gas use will both raise gas prices and make them more volatile. Price volatility hurts poorer consumers more, with surprisingly high bills derived from market dynamics over which they have little control. Second, the pipelines, compressor stations, and other infrastructure needed to bring gas to these new facilities will cost money. Because the vast majority of utilities in America pass through both the cost of the fuel itself and the investments required to build and maintain infrastructure, these additional costs will be borne by all customers, not just the data centers.
And third — perhaps most importantly — during periods of peak system stress like winter storms or summer heat waves, all this additional gas going to data centers will make price shocks more severe. In the case of Winter Storm Fern last January, for example, natural gas prices from Chicago to Boston were 19 to 42 times higher than the national average price from the prior year.
So, how can government officials prevent all this from happening? A Gas Customer Protection Pledge would fill the gaps in the already agreed upon objective not to raise energy cost for average customers. Mirroring the points from the Ratepayer Protection Pledge, here’s how that might work.
To address energy affordability in the long run, finite resources are best spent moving energy systems off fossil fuels to improve public health and reduce greenhouse gas emissions. In the meantime, we must make efforts today to control natural gas costs. America’s energy affordability crisis needs answers today, not down the road.
Now is the time for a Gas Customer Protection Pledge that builds out the other half of the commitment already made by hyperscalers and AI companies not to increase energy bills for other customers.
X-energy is vying against CNNC and Canada’s AtkinsRéalis.
For years now, the United States has watched anxiously as its nuclear industry stagnated while those of its biggest geopolitical adversaries boomed. Russia, America’s top 20th century rival, dominated exports, securing deals to build virtually every nuclear newcomer nation’s first reactors. China, meanwhile, took the lead in domestic construction, with three dozen large-scale reactors under construction right now; Beijing even dabbled briefly in exporting its technology with a deal to build half a dozen reactors in Pakistan. It’s already made an offer to build Serbia’s first nuclear plant, and it’s expected to bid on more deals soon.
Now, for the first time, an American company is going head to head with a Chinese state-owned champion for one of Asia’s most sought-after nuclear deals.
X-energy, the Amazon-backed reactor startup based in Maryland, is one of three companies to take part in a program with Singapore to the country’s regulators in its licensing department so they can see how an atomic power project goes from planning to approval. The goal is to help train the “nuclear manpower” needed to design a reactor buildout that matches Singapore’s unique needs, according to the name of the program. By observing the process to license reactors, the regulators from Singapore’s Ministry of Energy, Trade, and Industry and its Energy Market Authority hope to lay the groundwork for the city-state to import reactor technology and build its first nuclear plant.
Singapore spans less land area than the city of Memphis, Tennessee, yet the Southeast Asian city-state has plans to expand its electricity generating capacity by more than a quarter in the coming years to around 15 gigawatts — more than four times the U.S. city’s all-time high power demand. The country’s Ministry of Energy, Trade, and Industry and its Energy Market Authority will pay the salaries of its embedded workers for the full length of the program, anywhere from six months to two years. Aside from the free labor, the host companies receive an inside track to sell reactors to Singapore if the country moves forward with a nuclear project.
“They need to pick a technology that suits their very, very specific needs and constraints,” Miriam D'Onofrio, X-energy’s senior director of international markets, told me. (While the company announced the partnership at the Singapore International Energy Week summit late last month, X-energy spoke exclusively with Heatmap about the agreement.)
“We’re proud to be the only American entity — and one that wasn’t facilitated by the U.S. government at all,” she added. “That was something that Singapore evaluated for itself and made a central decision to pursue. That’s a testament to the strength of our technology and the trust that they have in us as a company.”
Another company vying for Singapore’s business is AtkinsRéalis, the Montreal-based nuclear company behind Canada’s homegrown CANDU reactor technology. But a source with direct knowledge of the Singaporean government’s thinking told me the country is already sold on the benefits of building a high-temperature gas-cooled reactor, an expensive option that promises a relatively small footprint on land and minimal risk of a meltdown. The CANDU, by contrast, is a pressurized heavy water reactor, which uses a special kind of water as a coolant to use raw uranium as a fuel and avoid enrichment altogether.
That means the real competition is between X-energy and the China National Nuclear Corporation. CNNC, the second of China’s two state nuclear companies, which currently operates the world’s only commercial high-temperature gas-cooled reactor. Located at Shidao Bay Nuclear Power Plant on the tip of the Shandong Peninsula that juts from northern China into the Yellow Sea, the demonstration reactor came online in December 2023. The completion of the 210-megawatt reactor, which runs on a specialized and fuel known as TRISO that’s specifically engineered for safety, vaulted China to the front of the global race for what are called fourth-generation technologies that use coolants other than water.
While the U.S., Britain, Germany, and Japan all built experimental high-temperature gas-cooled reactors (America also briefly operated a commercial plant in Colorado before shutting it down in the early 1990s due to high costs), China is the first in decades to actually pump its electricity onto the grid. Construction began earlier this month on a second such unit.
That could afford CNNC some advantages. “China has an HTGR that’s been operating,” D'Onofrio told me. “But it is demonstrably more difficult to get information out of China and on that program.”
The trouble is, countries that “are embarking on new nuclear programs want to learn and absorb themselves,” she said. “They don’t just want to buy something off the shelf,” she said. “That’s unfortunately not how nuclear works.” With the Xe-100, an 80-megawatt small modular reactor cooled with helium, D'Onofrio said, “we tried our best to optimize constructability, to optimize manufacturability, to optimize efficiencies in the core.”
X-energy is making progress. On Monday, the U.S. Nuclear Regulatory Commission granted the company a permit to begin construction on its first plant, a small facility on Texas’ Gulf coast to funnel electricity and heat to Dow’s second-largest chemical plant. X-energy has also inked at least two deals with American utilities for full-scale plants in Washington State, with Energy Northwest, and in Indiana with American Electric Power.
Though the company has yet to fully build one of its reactors, she said, “I am confident that once we do, there will be a wave that we’re excited to see of interest from industry, from data centers, and from customers all over the world.”
If China’s edge is having an actual operating reactor, the strongest argument for X-energy may be its plans to manufacture its own fuel.
Both the Chinese and the American reactors run on TRISO. Rather than slotting pellets of enriched uranium into PEZ dispenser-like fuel assemblies that go into conventional reactors, TRISO producers ball the enriched uranium into poppyseed-sized spheres coated in ceramic material. That coating absorbs the dangerous materials produced during fission and makes a meltdown physically impossible, eliminating the need for the massive steel and concrete domes that serve as containment in traditional nuclear plants.
While China fills its TRISO kernels with conventional low-enriched uranium, X-energy is manufacturing its own fuel out of a more potent type of fuel. That fuel, known as high-assay low-enriched uranium or HALEU, burns through more of the energy in the uranium, but it’s also more expensive, and the only major commercial vendor in the world today is Russia’s Rosatom.
“We have the [intellectual property] on some of the most reliable TRISO fabrication that’s ever been invented,” D'Onofrio said.
Some experts doubt that Singapore will actually commission a nuclear plant anytime soon. “The Singaporeans are treating nuclear energy as a long-term risk-monitoring exercise rather than an active engineering [project],” François Morin, the World Nuclear Association’s director in Beijing, told me in a text message. “For now, the state’s priority is maintaining a superficial, multi-directional radar so they aren’t blindsided if regional neighbors like Indonesia or Malaysia move forward with their own nuclear plans.”
While the appeal of a TRISO-fueled high-temperature gas-reactor is the absence of a multi-mile emergency planning zone like those that surround water-cooled plants, Morin said the Singaporean government is “ignoring the reality that no international regulator has universally codified a ‘zero-EPZ’ standard for a hyper-dense metropolitan area.”
X-energy said it doesn’t need to ultimately build a reactor in Singapore for the effort to be worthwhile.
“Even if Singapore doesn’t pursue an HTGR program — we’d love them to — they’re going to play a role in regional development,” D'Onofrio said. “We want to play a role in regional development, and the strength of Singaporean institutions — the ease of doing business here — makes it a really, really interesting option for us for a future footprint.”
On Guterres naming a villain, how Masayoshi Son ‘overdid it,’ and Vance’s Venezuela trader
Current conditions: A major Atlantic storm called Storm Charles is bearing down on Portugal, which closed schools, canceled all non-essential services, and called off the second day of the WebSummit in Lisbon • A potential nor’easter is threatening New York City with heavy rain and flooding • Jackson, Mississippi — where Democrat Scott Colom declared victory last night to become the state’s first Black senator in nearly 150 years — is set to reach a warm, sunny, 71 degrees Fahrenheit today before dropping off by nearly 20 degrees overnight.
When the Intergovernmental Panel on Climate Change released its landmark report on the closing window to keep global warming within the range set by the Paris Agreement in 2018, António Guterres was just a year into the job as the United Nations’ secretary-general. The left-wing former Portuguese prime minister quickly developed a knack for delivering speeches that contained exactly the kind of rousing soundbites that blared in headlines across the world. That year, he proclaimed climate change “the defining issue of our time – and we are at a defining moment.” As emissions continued to grow, he ratcheted up his language. In 2022, he warned of a world in “great peril.” In 2023, he lamented that “humanity has opened the gates of Hell.” In his likely final speech before the annual global climate summit as the UN chief, Guterres raged against a world still on “the path to mutually assured destruction.”As “heat records keep shattering,” he said, “fossil fuel interests keep making a killing — while killing our planet.”
Meanwhile, at the summit formally known as the 31st Conference of the Parties to the UN Framework Convention on Climate Change, advocates are pushing for nuclear power to be explicitly acknowledged as clean in any official communiques that emerge from the negotiations. The key theme of this year’s event is Turkey’s goal of getting the world to increase the share of end-use energy that comes from electricity from 21% to 35% by 2035. Groups such as the Clean Air Task Force are pushing for the COP31 to name nuclear power as a resource to reach that goal, NucNet reported.
Exxon Mobil filed a confidential legal challenge to the European Union’s carbon capture rules in what the Financial Times called “the latest attempt by the U.S. energy group to row back Brussels’ flagship green regulations.” In a memo, the European Commission told its trade authorities it was preparing a response to the Texas giant’s argument that requiring the company to build out infrastructure to capture and store carbon dioxide emissions violates its rights against discrimination and expropriation under a 1994 investor protection treaty. The EU left the treaty last year, but is still bound by it.
Europe operates just 5.2% of the world’s operational carbon capture capacity as of this year, according to data from the International Energy Agency, putting the continent in a distant third place behind North America and South America. But that figure is on track to top 30% by 2035, easily leapfrogging into the No. 2 spot.

Last year, Japanese billionaire Masayoshi Son reserved a big portion of the U.S. market for gas turbines in hopes of making his SoftBank Group a top power equipment supplier for the data center boom. But reserving 13 gigawatts of turbines — equivalent to more than six Hoover Dams — drove a $3.7 billion loss in the company’s earnings.
“Like an overeager miner who tries to corner the market for picks and shovels in a gold rush,” The Wall Street Journal wrote in a scoop on the earnings hit, “Son’s SoftBank Group ordered so many turbines that even after fully supplying the world’s largest gas power plant, it was left with reservations for far more than it could possibly use.” It’s a sign, my colleague Robinson Meyer wrote last night, that “data centers may have already peaked as an economic and energy trend.”
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Add this to Democrats’ list of potential investigations into conflicts of interests in the Trump administration’s energy deals. A week before the U.S. invaded Venezuela, a plane linked to John Addison, a gasoline trader at the commodities giant Vitol and a friend and early financier of JD Vance’s political career, spent time on the tarmac of Bozeman Yellowstone International Airport alongside the vice president’s jet. Just two days after the capture of Nicolás Maduro, Addison received a call from Secretary of Energy Chris Wright with what Reuters described as “an irresistible offer.” In a blockbuster investigation, the newswire reported that Vance told Wright to trust Addison despite the fact that he “wasn’t the obvious choice to receive such a call from” the Department of Energy chief. Typically such outreach would go to the company’s regional chief executive, not a senior trader. “And his specialty was buying and selling U.S. gasoline, not Latin American crude oil,” Reuters wrote.
Offshore wind may be out to sea in the U.S. But Britain and Japan just signed a new Offshore Wind Industrial Compact in a bid to increase cooperation on supply chains for all kinds of seaward turbines. The pact encourages joint investments between British developers such as the state-backed Great British Energy and Japanese financiers, offshoreWIND.biz reported.
Mr. Wonderful isn’t the only male celebrity getting into the data center craze. New England Patriots owner Robert Kraft’s Kraft Group is now seeking to build a 900-megawatt data center campus in Sutton, Massachusetts, an historic, rural enclave roughly an hour southwest of Boston. If completed, The Boston Globe reported, it would be the fourth-largest data center in the U.S.