Zero: The Climate Race Big Take: A Warming Planet vs. Trump
8 snips
Mar 10, 2025 Akshat Rathi, a Senior climate reporter for Bloomberg News and host of the Zero podcast, dives into how recent shifts in U.S. climate policy under President Trump jeopardize global environmental efforts. He discusses the withdrawal from the Paris Agreement and its implications for investment in green energy. Rathi also highlights the competitive landscape of energy transitions, particularly China's advancements, and points out the urgent need for the U.S. to align economic growth with meaningful climate action amid rising natural disasters.
AI Snips
Chapters
Transcript
Episode notes
Trump's Paris Exit: A Different Context
- Trump pulling out of the Paris Agreement isn't a surprise, but the context is different this time.
- Clean energy investments have increased, and climate impacts are more severe, increasing the urgency to act.
Muted Responses to Trump's Moves
- World leaders and businesses have shown a muted response to Trump's recent climate actions compared to his first term.
- Economic concerns may be hindering stronger pushback, unlike the previous reactions from figures like Angela Merkel and Justin Trudeau.
Impact on Climate Finance
- The US pulling out of the Paris Agreement significantly impacts climate finance goals.
- It may hinder the acceleration of climate finance from $100 billion to $300 billion by 2035, despite other countries stepping in.