Trending Now
We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates, including GZERO Media, to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence, and our use of cookies described in our Cookie Policy.
{{ subpage.title }}
Trump's climate "scam" talk at the UN was just that–talk
At the UN, President Trump called climate change a "con job" and a "scam." But here's the thing, says Eurasia Group's Franck Gbaguidi, it doesn't matter what you call it, it matters what you do about it. And so far, Trump has changed how we talk about climate change, but not what's being done about it.
President Trump has made it a mission to roll back the clock on climate policy, like withdrawing again from the Paris Climate Agreement, doubling down on fossil fuels or demonizing offshore wind. But really, when it comes to action, that's pretty much about it.
What he has done is changed the way sustainability advocates, world leaders, or even large corporations, are talking about climate change. So now they no longer talk about energy transition, but they talk about energy security. Before you couldn't talk about nuclear power here in New York during climate week because Fukushima and many other incidents, now there's an excitement that we've never seen before.
France, Egypt, South Korea, all these countries are ramping up efforts and they're doing so under the framework of energy security. Take climate change. We no longer talk about climate change per se, but we focus on water security. That's because people can deny that climate change exists, but they won't deny droughts, they won't deny floods. Take the US and Mexico and all of the water access issues at the border. Take China and India when it comes to dam constructions and all of the controversies that come with it. Same thing with Greece and Bulgaria and their water agreement. Water stress has become a major issue, and work is being done both on the policy side and on the investment side to ensure that we have the right technology to address the problem.
Final example, emission reductions. We no longer talk about it now we focus on adaptation. So you're not hearing as much about those big, shiny targets to reduce emissions. That era is pretty much over and done with. Most countries are no longer announcing ambitious targets, they're focusing on adaptation. Take India, for instance, where outdoor workers now, for a big part of the year, can only work until 10:00 a.m before it gets too hot. So it's about addressing the world that we live in today rather than preventing one we don't want to live in tomorrow.
So why does it matter? If you watch the news, you may think that we are in a "stop the clock" moment. Big countries are pulling out of climate accords. They're no longer prioritizing the topic. I mean, here in New York at the UN, artificial intelligence and many other hot button issues have basically pushed climate to the back burner. But that is in fact hot topic. There is still plenty being done. So yes, Trump will keep calling climate change scam. But that won't stop what companies, investors, and world leaders are doing to address it.
Brazil's President Luiz Inacio Lula da Silva greets UN General-Secretary Antonio Guterres ahead of the G20 summit, in Rio de Janeiro, Brazil, on Nov. 16, 2024.
Trump looms large over G20 Summit
What’s on the menu? Outgoing US President Joe Biden, together with UK PM Keir Starmer, are pushing for additional aid to Ukraine amid Russia’s latest missile barrage and North Korea’s troop deployment in Russia. As for Russian President Vladimir Putin, he made a point of skipping the gathering, sending Foreign Minister Sergey Lavrov instead.
On climate change, with COP29 climate talks deadlocked in Azerbaijan, UN Chief Antonio Guterres called on the G20, responsible for 80% of global emissions, to step up. But the fly in the ointment may be Trump ally and climate skeptic, Argentinian President Javier Milei. French President Emmanuel Macron met with Milei ahead of the summit in an effort to get Argentina to uphold the Paris Agreement, which the US is expected to exit again under Trump.
A spicy start. Brazil’s first lady, “Janja” Lula da Silva, sparked headlines at a G20 social event Saturday when she quipped, “I’m not afraid of you, f**k you, Elon Musk,” while giving a talk on social media regulation. Brazil suspended Musk’s X platform earlier this year for ignoring court orders to block accounts accused of spreading fake news and hate messages. Musk responded online by predicting that her husband, President Luiz Inacio Lula da Silva, would lose the upcoming Brazilian election.
For more on what’s expected from the G20 summit, check out our Q&A with Eurasia Group expert Julia Thomson here.