You’re out of free articles.
Log in
To continue reading, log in to your account.
Create a Free Account
To unlock more free articles, please create a free account.
Sign In or Create an Account.
By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy
Welcome to Heatmap
Thank you for registering with Heatmap. Climate change is one of the greatest challenges of our lives, a force reshaping our economy, our politics, and our culture. We hope to be your trusted, friendly, and insightful guide to that transformation. Please enjoy your free articles. You can check your profile here .
subscribe to get Unlimited access
Offer for a Heatmap News Unlimited Access subscription; please note that your subscription will renew automatically unless you cancel prior to renewal. Cancellation takes effect at the end of your current billing period. We will let you know in advance of any price changes. Taxes may apply. Offer terms are subject to change.
Subscribe to get unlimited Access
Hey, you are out of free articles but you are only a few clicks away from full access. Subscribe below and take advantage of our introductory offer.
subscribe to get Unlimited access
Offer for a Heatmap News Unlimited Access subscription; please note that your subscription will renew automatically unless you cancel prior to renewal. Cancellation takes effect at the end of your current billing period. We will let you know in advance of any price changes. Taxes may apply. Offer terms are subject to change.
Create Your Account
Please Enter Your Password
Forgot your password?
Please enter the email address you use for your account so we can send you a link to reset your password:
A new climate report says we must phase out fossil fuels — and ramp up CDR.
COP is always awash in new policy reports and scientific studies. It can be hard to figure out which are the most important. So I want to draw your attention to a particularly interesting report that came out in Dubai over the weekend. On Sunday, a consortium of climate science groups released this year’s "10 New Insights in Climate Science," a synopsis of the most recent climate research.
The report was written at the invitation of the UN Framework Convention on Climate Change, and it’s meant to keep negotiators up to date on climate science in between major reports from the larger Intergovernmental Panel on Climate Change. (Some IPCC authors also work on the "10 New Insights" report.) But it does something interesting that I want to highlight. Here were its top three insights:
A. Overshooting 1.5 degrees Celsius [of global temperature rise] is fast becoming inevitable. Minimizing the magnitude and duration of overshoot is essential.
B. A rapid and managed fossil fuel phase-out is required to stay within the Paris Agreement target range.
C. Robust policies are critical to attain the scale needed for effective carbon dioxide removal (CDR).
The big news here, of course, is the continued message that we are on track to rapidly exceed 1.5 degrees Celsius of temperature rise, the level at which climate change will become especially disastrous. And probably the second biggest news is how the report — which was written before this week — appears to directly contradict recently surfaced remarks from Sultan Al-Jaber, the president of this COP and the head of the U.A.E.’s national oil company. In a video from November 21 first reported by The Guardian, Al-Jaber said that there was “no science out there, or no scenario out there” to support the idea that fossil fuels must be phased out to stay within the 1.5 degree Celsius limit.
While Al-Jaber denied saying those remarks this morning, the remarks have been a huge deal at COP for the past few days, as they drive at the tension of an oil executive leading an international climate conference.
But I wanted to focus on one more aspect of the report: its endorsement of carbon dioxide removal. The report says steadfastly that carbon dioxide removal is essential to meeting our climate goals, and that we need to invest more in CDR technologies to scale them up fast enough. But it pairs that insight with the idea that we also need to phase out fossil fuels.
Instead of treating carbon dioxide removal as a tissue to cover up emissions — which is the role it can sometimes play in public discussions — it pairs it with the need to phase out fossil fuels.
I asked Oliver Geden, an author of the new report and the head of climate research at the German Institute for International and Security Affairs, about that pairing — and about whether mentioning CDR at all would seem to apologize for future fossil-fuel emissions. Here’s what he told me:
“The report directly says that CDR can only be seen as a complement to emissions reductions, not as a substitute to emissions reductions. Of course in the general climate debate, it often appears that proponents of some continued fossil fuel use then evoke CDR. But if you look at the IPCC scenarios, and then you look at national net-zero emissions scenarios, it usually comes only on top — counterbalancing a net-zero pathway, often on hard-to-abate residual emissions from industrialized sectors.”
I think this pairing — a phaseout of fossil fuels and a get-serious moment about CDR — is promising.
In non-COP news, it’s now official: More than 1 million electric cars and light-duty trucks were sold this year in the United States, the largest number ever.
This is Robinson Meyer’s fourth dispatch from Dubai, where he is attending COP28. Read the first here, the second here, and the third here. You can also sign up to receive the next one in your inbox with Heatmap Daily:
Log in
To continue reading, log in to your account.
Create a Free Account
To unlock more free articles, please create a free account.
“I believe the tariff on copper — we’re going to make it 50%.”
President Trump announced Tuesday during a cabinet meeting that he plans to impose a hefty tax on U.S. copper imports.
“I believe the tariff on copper — we’re going to make it 50%,” he told reporters.
Copper traders and producers have anticipated tariffs on copper since Trump announced in February that his administration would investigate the national security implications of copper imports, calling the metal an “essential material for national security, economic strength, and industrial resilience.”
Trump has already imposed tariffs for similarly strategically and economically important metals such as steel and aluminum. The process for imposing these tariffs under section 232 of the Trade Expansion Act of 1962 involves a finding by the Secretary of Commerce that the product being tariffed is essential to national security, and thus that the United States should be able to supply it on its own.
Copper has been referred to as the “metal of electrification” because of its centrality to a broad array of electrical technologies, including transmission lines, batteries, and electric motors. Electric vehicles contain around 180 pounds of copper on average. “Copper, scrap copper, and copper’s derivative products play a vital role in defense applications, infrastructure, and emerging technologies, including clean energy, electric vehicles, and advanced electronics,” the White House said in February.
Copper prices had risen around 25% this year through Monday. Prices for copper futures jumped by as much as 17% after the tariff announcement and are currently trading at around $5.50 a pound.
The tariffs, when implemented, could provide renewed impetus to expand copper mining in the United States. But tariffs can happen in a matter of months. A copper mine takes years to open — and that’s if investors decide to put the money toward the project in the first place. Congress took a swipe at the electric vehicle market in the U.S. last week, extinguishing subsidies for both consumers and manufacturers as part of the One Big Beautiful Bill Act. That will undoubtedly shrink domestic demand for EV inputs like copper, which could make investors nervous about sinking years and dollars into new or expanded copper mines.
Even if the Trump administration succeeds in its efforts to accelerate permitting for and construction of new copper mines, the copper will need to be smelted and refined before it can be used, and China dominates the copper smelting and refining industry.
The U.S. produced just over 1.1 million tons of copper in 2023, with 850,000 tons being mined from ore and the balance recycled from scrap, according to United States Geological Survey data. It imported almost 900,000 tons.
With the prospect of tariffs driving up prices for domestically mined ore, the immediate beneficiaries are those who already have mines. Shares in Freeport-McMoRan, which operates seven copper mines in Arizona and New Mexico, were up over 4.5% in afternoon trading Tuesday.
“We had enough assurance that the president was going to deal with them.”
A member of the House Freedom Caucus said Wednesday that he voted to advance President Trump’s “big, beautiful bill” after receiving assurances that Trump would “deal” with the Inflation Reduction Act’s clean energy tax credits – raising the specter that Trump could try to go further than the megabill to stop usage of the credits.
Representative Ralph Norman, a Republican of North Carolina, said that while IRA tax credits were once a sticking point for him, after meeting with Trump “we had enough assurance that the president was going to deal with them in his own way,” he told Eric Garcia, the Washington bureau chief of The Independent. Norman specifically cited tax credits for wind and solar energy projects, which the Senate version would phase out more slowly than House Republicans had wanted.
It’s not entirely clear what the president could do to unilaterally “deal with” tax credits already codified into law. Norman declined to answer direct questions from reporters about whether GOP holdouts like himself were seeking an executive order on the matter. But another Republican holdout on the bill, Representative Chip Roy of Texas, told reporters Wednesday that his vote was also conditional on blocking IRA “subsidies.”
“If the subsidies will flow, we’re not gonna be able to get there. If the subsidies are not gonna flow, then there might be a path," he said, according to Jake Sherman of Punchbowl News.
As of publication, Roy has still not voted on the rule that would allow the bill to proceed to the floor — one of only eight Republicans yet to formally weigh in. House Speaker Mike Johnson says he’ll, “keep the vote open for as long as it takes,” as President Trump aims to sign the giant tax package by the July 4th holiday. Norman voted to let the bill proceed to debate, and will reportedly now vote yes on it too.
Earlier Wednesday, Norman said he was “getting a handle on” whether his various misgivings could be handled by Trump via executive orders or through promises of future legislation. According to CNN, the congressman later said, “We got clarification on what’s going to be enforced. We got clarification on how the IRAs were going to be dealt with. We got clarification on the tax cuts — and still we’ll be meeting tomorrow on the specifics of it.”
Neither Norman nor Roy’s press offices responded to a request for comment.
The state’s senior senator, Thom Tillis, has been vocal about the need to maintain clean energy tax credits.
The majority of voters in North Carolina want Congress to leave the Inflation Reduction Act well enough alone, a new poll from Data for Progress finds.
The survey, which asked North Carolina voters specifically about the clean energy and climate provisions in the bill, presented respondents with a choice between two statements: “The IRA should be repealed by Congress” and “The IRA should be kept in place by Congress.” (“Don’t know” was also an option.)
The responses from voters broke down predictably along party lines, with 71% of Democrats preferring to keep the IRA in place compared to just 31% of Republicans, with half of independent voters in favor of keeping the climate law. Overall, half of North Carolina voters surveyed wanted the IRA to stick around, compared to 37% who’d rather see it go — a significant spread for a state that, prior to the passage of the climate law, was home to little in the way of clean energy development.
But North Carolina now has a lot to lose with the potential repeal of the Inflation Reduction Act, as my colleague Emily Pontecorvo has pointed out. The IRA brought more than 17,000 jobs to the state, per Climate Power, along with $20 billion in investment spread out over 34 clean energy projects. Electric vehicle and charging manufacturers in particular have flocked to the state, with Toyota investing $13.9 billion in its Liberty EV battery manufacturing facility, which opened this past April.
North Carolina Senator Thom Tillis was one of the four co-authors of a letter sent to Majority Leader John Thune in April advocating for the preservation of the law. Together, they wrote that gutting the IRA’s tax credits “would create uncertainty, jeopardizing capital allocation, long-term project planning, and job creation in the energy sector and across our broader economy.” It seems that the majority of North Carolina voters are aligned with their senator — which is lucky for him, as he’s up for reelection in 2026.