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#cop29

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Just a reminder. The mere *announcement* of a Chinese bullshit generator (#AI) was enough to convince investors to withdraw $1T from NASDAQ index stocks.

That is 3 years of full funding of the entire paris climate accord (post #COP29 tripling of the goal). Or about 100 years of Biden's maximal pledge.

Invested in a speculation about US AI dominance tentative enough to be shaken by a single news event.

#paris #climate #ai

theguardian.com/business/2025/

The Guardian · ‘Sputnik moment’: $1tn wiped off US stocks after Chinese firm unveils AI chatbotBy Dan Milmo

The shadow of consulting firms (and #TonyBlair) on climate negotiations

by Emanuele Bompan, 04 APR 2024

"Tony Blair has a long history of support for #FossilFuel projects, especially in Central Asia (in 2014 he became an advisor to the consortium for the #TransAdriaticPipeline - #TAP, to bring Azeri gas to Italy), and a green-wash with wind turbines on TBI website is not enough to clarify where he currently stands for. The same can be said for all the consultancy firms that made billions of euros through contracts with the oil and gas sector, deals that are perfectly legal but can raise concerns when the same consultancy firms become agents and advisers to governments should serve the interests of citizens, not private companies."

renewablematter.eu/en/the-shad
#COP29 #BigOilAndGas #Oiligarchy

www.renewablematter.euThe shadow of consulting firms (and Tony Blair) on climate negotiationsThe expertise offered by consultancy firms’ professionals can certainly offer support to but it can be at times at least controversial

"it wasn’t easy. It took 17 years, three provincial governments and a massive community and industry effort. But it was a true #energy transition — worth considering today as we weigh the need to stop burning #fossilfuels to limit the release of #greenhousegases that warm the planet, resulting in extreme and costly weather events." thenarwhal.ca/ontario-coal-10-

The Narwhal · Sick of smog, this Canadian province killed coal. A decade later, it weighs its next big energy moveBy Fatima Syed

Cop29 gave us a Putin-friendly deal – and a glimpse of the dark future of climate talks

The Baku Cop29 talks were marked by division and self-interest, with rancorous meddling right until the end

theguardian.com/commentisfree/

The Guardian · Cop29 gave us a Putin-friendly deal – and a glimpse of the dark future of climate talksBy Fiona Harvey
Continued thread

"It may sound utopian to seek supply-side international agreements, but the truth is that it is impossible to reduce global #emissions and move towards decarbonisation without a rapid decrease in the extraction of fossil fuels.

Given the magnitude of the #climate challenge, it is not a question of deciding between demand or supply-side policies, but of using both, promoting them in each country, and reaching robust agreements at an international level."

theconversation.com/fossil-fue
#COP29 #COP30

The ConversationFossil fuel supply: the elephant in the room at climate change conferencesClimate agreements are only looking at half of the problem – we need to leave fossil fuels in the ground.
Continued thread

“Meetings of the United Nations’ Conference of the Parties (COP) have become little more than talk shops where world leaders and climate activists fiddle while the globe burns,” writes Patrick Gathara. For @thecontinent, he looks back at COP15 in Copenhagen in 2009, where expectations for a political deal that would protect the Global South were sky high, yet the outcome was what Sudanese delegate Lumumba Di-Aping described as an “incineration pact.”

continent.substack.com/p/anoth

The Continent · Another COP, another ‘incineration pact’By The Continent