End of fossil fuel era inches closer as Cop30 deal agreed after bitter standoff Wealthy countries should triple funds for countries to tackle climate impacts, but deforestation and critical minerals blocked from final deal

No surprise that #COP30 was a dud. Fossil fuel countries always try to stymie progress. Perhaps it would be better to have a genuine compact of the willing than hollow consensus. Trading bloc #CBAMs could then bridge the contribution gap.
www.theguardian.com/environment/...

📢 New report!

If done right, Border Carbon Adjustments #BCAs, like the EU & UK #CBAMs, can support just transitions, but getting their design right is key. ✅

After2️⃣ years of expert insight, @economies.iisd.org presents this landmark set of recommendations.

🔗: www.iisd.org/publications...

I sometimes wonder if the only hope for North American #climpol is for the EU and China to go full bananas on it and apply #CBAMs to us.

25% #tariffs on all #steel and #aluminium imports into USA could make EU/UK #CBAMs relatively less controversial

25% #tariffs on all #steel and #aluminium imports into USA could make EU/UK #CBAMs relatively less controversial