कोशिश गोल्ड - मुक्त
Trump victory leaves China calling the shots at COP29 climate negotiations
Mint Mumbai
|November 12, 2024
With Donald Trump's election victory, the U.S. is headed again for the exits of the Paris accord, the international climate agreement signed nearly a decade ago, and toward an energy policy inspired by Trump's campaign mantra "drill, baby, drill."
China, on the other hand, appears more committed to the agreement than ever. It has vaulted to global leadership in renewable-energy deployment and is spending billions on green-energy projects across the developing world. Poorer nations increasingly look to Beijing for help shifting away from fossil fuels.
The sharp divergence between the two leading superpowers is expected to loom over the annual United Nations climate conference, known as COP29, kicking off in Baku, Azerbaijan, on Monday. Chinese leaders have thrown the country's titanic economic power behind the shift to clean energy for economic, environmental and geostrategic reasons.
"China stands ready to work with other parties to uphold the goal, principles and system of the U.N. Framework Convention on Climate Change and the Paris Agreement," Chinese Foreign Ministry spokeswoman Mao Ning said on Friday.
Trump's victory has underscored what many countries already believed: that America's internal political divisions mean it can't reliably lead global climate diplomacy. If Trump follows through on withdrawal, it would be the third time this century that a Republican president has pulled the U.S. out of a major international climate agreement.
"Everyone looks to China now," said Jonathan Pershing, a senior U.S. climate negotiator under the Obama and Biden administrations. "I think with the U.S. out, China will step up, but in a very different way."
Trump's victory has left U.S. negotiators in Baku with a short-lived mandate. They are led by John Podesta, the climate envoy of the lame duck Biden administration, who will have no influence on policy once Trump takes office on Jan. 20.
यह कहानी Mint Mumbai के November 12, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
Mint Mumbai से और कहानियाँ
Mint Mumbai
Europe bets on $25 bn space budget amid defence hike
Europe’s equivalent of NASA is seeking €22 billion ($25.
1 min
November 27, 2025
Mint Mumbai
China’s ‘McNuggetization’: It’s beneficial for the environment
A wide-scope dietary shift in China is doing the planet a good turn
3 mins
November 27, 2025
Mint Mumbai
Flexi-cap funds in focus as smids falter
A silent pivot
3 mins
November 27, 2025
Mint Mumbai
Labour codes: Focus on empathy and not just efficiency
The consolidation of 29 archaic labour laws into four comprehensive new codes—on wages, social security, industrial relations and occupational safety—is among the most significant structural reforms undertaken by India in the post-liberalization era.
3 mins
November 27, 2025
Mint Mumbai
These firms will sell shovels during semaglutide gold rush
Weight-loss drug semaglutide, also used to treat type-2 diabetes, will face its next big turning point in early 2026, when patents held by Novo Nordisk expire in India.
2 mins
November 27, 2025
Mint Mumbai
HC to hear Apple's plea on fine in Dec
Apple is challenging the new penalty math formula in India's competition law.
1 min
November 27, 2025
Mint Mumbai
Climate crisis: Innovation works, compression doesn't
After weeks of hot air, the UN’s CoP summit limped to an end in Brazil's Amazonian hub of Belém over the weekend, with a ‘deal’ that delivers nothing measurable for the climate, while wasting political capital and much effort on pledges.
3 mins
November 27, 2025
Mint Mumbai
MO Alternates launches its maiden private credit fund
The %3,000 crore fund has drawn capital from family offices, ultra-HNIs and institutions
3 mins
November 27, 2025
Mint Mumbai
Kharif grain production likely to rise to 173 mt
India's kharif foodgrain output is expected to rise to 173.
1 min
November 27, 2025
Mint Mumbai
IL&FS group repays ₹48,463 cr loan
Debt-ridden IL&FS group has repaid ₹48,463 crore to its creditors as of September 2025, out of the total ₹61,000 crore debt resolution target, as per the latest status report filed before insolvency appellate tribunal NCLAT.
1 min
November 27, 2025
Listen
Translate
Change font size

