What will the COP30 climate talks mean for energy?
Energy Gang
Wood Mackenzie
4.6 • 1.3K Ratings
🗓️ 1 September 2025
⏱️ 50 minutes
🧾️ Download transcript
Summary
The COP21 climate talks in Paris in 2015 were hailed as a historic success. They resulted in a global agreement to curb climate change, and set a framework for every country in the world to contribute to achieving that goal.
Ten years on, the conference no longer looks such a triumph. Greenhouse gas emissions are still rising, and so are global temperatures. The Paris agreement’s goals for keeping global warming in check seem to be slipping out of reach.
So what is the world really getting out of the UN’s annual COPs? (The name stands for the Conference of the Parties to the UN Framework Convention on Climate Change.) Every year, pledges are made and commitments agreed, but real-world changes have not been nearly fast enough to achieve those international goals. COP30 is coming up fast: it will be held in Belém in northern Brazil, a little over two months from now. What can we expect from this latest attempt to drive forward global action on climate?
To look ahead to the meeting, host Ed Crooks is joined by climate and energy journalist Simon Evans, deputy editor at the climate science publication Carbon Brief. Simon and Ed were on the ground in Azerbaijan last year at COP29. They reflect on the outcomes from that meeting, and the progress that has been made – and not made – in the months since then. Regular guest Amy Myers-Jaffe – director of NYU’s Energy, Climate Justice and Sustainability Lab – is also back on the show, asking about the broader context of international efforts on climate change. She raises the question of whether China and the EU have stuck to their commitments under that historic Paris Agreement.
They ask: is COP30 is likely to be a success or a failure? And is it time for a completely new approach to global cooperation on climate?
With the UN strategy for curbing global warming in crisis, Ed, Simon and Amy discuss the effectiveness of COPs, the potential for carbon pricing, and new ideas for strengthening international climate efforts.
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Transcript
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| 0:00.0 | Something like 85% of the world's emissions are covered by net zero goals. |
| 0:05.1 | A lot of those are pretty wishy-washy. |
| 0:07.5 | A lot of them aren't really backed up by policies or even kind of official targets. |
| 0:13.0 | So the real question in my mind is, is that the next frontier, which is moving carbon pricing |
| 0:20.1 | forward and will that be done through the so-called |
| 0:22.7 | carbon club mechanism where countries that have carbon pricing join a network so that you |
| 0:28.3 | could be trading carbon credits across different markets. |
| 0:37.3 | Hello and welcome to The Energy Gang, a discussion show from Wood Mackenzie about the fast-changing world of energy. |
| 0:43.8 | I'm at Crooks. And on today's show, we're going to be talking about climate policy and what that means for energy. |
| 0:50.8 | And we're going to be looking ahead to the COP 30 climate talks in Brazil in November. |
| 0:56.2 | Certainly talks, I think, they're going to be held in pretty difficult circumstances. |
| 1:01.0 | And we're going to be getting into the reasons for that during this show. |
| 1:05.2 | To do that, I'm joined again by Amy Myers-Jaffey. |
| 1:08.0 | Amy is the director of the Energy, Climate Justice and Sustainability Lab at New York |
| 1:11.6 | University. Hi, Amy. How are you? I'm great, Ed. Great to see you. And it's also a great pleasure |
| 1:16.4 | to welcome for the first time another new guest on the energy gang, Simon Evans. Simon is the deputy |
| 1:20.9 | editor and senior policy editor at Carbon Brief, which is a UK-based climate and energy news service. |
| 1:28.6 | Hi, Simon. Welcome to the Energy Gang. Great to be here. Ed, thanks for the invitation. Yeah, great to have you on. Now, |
| 1:32.9 | tell us about Carbon Brief. What is the remit of that organisation? Yeah, so Carbon Brief, |
| 1:37.8 | I mean, I've been there about 11 years now. So I went there from the Energy Report. Effectively, it's grant-funded journalism. We do |
| 1:46.5 | lots of in-depth journalism on climate change and energy. And because we're grant-funded, we have this |
| 1:52.2 | great privilege of being able to spend lots of time, you know, reading, talking, digging into things, |
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