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Trump’s new energy secretary would like you to believe that “Zero Energy Poverty” and Net Zero emissions by 2050 are incompatible goals, but this could not be further from the truth.
Chris Wright, who was recently confirmed as the new secretary of energy, has been famous for years as one of the more unapologetic proponents of fossil fuels. In 1992, Wright founded Pinnacle Technologies, an early leader in the hydraulic fracking business, and later made his fortune as the CEO of Liberty Energy, one of the largest oilfield service firms in North America. In 2023, he made headlines for a series of inflammatory statements disputing the science of climate change.
Now Wright has taken a different tack on climate—less outrageous, but no less dangerous. At his Senate confirmation hearing last week, Wright claimed that he didn’t deny the existence of anthropogenic climate change; he only denied that climate change warranted any reductions in fossil fuel production. To make his case, Wright spoke in abstractions about “tradeoffs” and “complicated dialogue.”
Then came the doozy: Poor countries like Kenya suffered from sparse access to propane fuel, Wright said, and only fracking could deliver the low prices to make up for those shortfalls.
Wright claims to be working on behalf of the global poor, but if he were, he might heed their repeated calls for emission reductions in the United States and other wealthy countries.
Wright has been quietly developing this specious argument for years: that addressing energy poverty, especially in the Global South, requires untrammeled fossil fuel production, no matter the damage to the planet. In Liberty Energy’s 2024 annual report, Bettering Human Lives, Wright laid out his case for hydrocarbon extraction. “Only a billion people today enjoy the full benefits of a highly energized lifestyle,” Wright wrote, while “7 billion striv[e] to achieve the lifestyles of the more fortunate 1 billion.” Without access to reliable natural gas, “over 2 billion people still cook their daily meals and heat their homes with traditional fuels, [including] wood, dung, agricultural waste, or charcoal,” putting them at risk of acute respiratory disease from air pollution. The only remedy, according to Wright, is more fossil fuels like gas.
This weaponization of global energy poverty is so insidious because it takes a legitimate issue—inadequate access to reliable energy for billions of people around the world—and turns it into a neat talking point for the destruction of the planet. Energy insecurity is a real challenge for the Global South, with over 3 billion people estimated to suffer from energy poverty of some kind. But so is climate change, which the World Bank projects will push up to 135 million people into poverty by 2030, and which is already fueling extreme weather, conflict, and migration, from Micronesia to the Sahel.
Wright would like you to believe that “Zero Energy Poverty” and Net Zero emissions by 2050 are incompatible goals. According to Wright, “solar, wind, and batteries… will not, and cannot replace most of the energy services and raw materials provided by hydrocarbons.”
But this could not be further from the truth.
In a 2021 report, the Rockefeller Foundation report found that renewable energy could end energy poverty worldwide at a cost of just $130 billion a year, less than a sixth of what the United States currently spends on defense each year. Moreover, the report found that such a transformation would create 25 million jobs across Africa and Asia, more than 30 times the number of jobs created by a comparable investment in fossil fuels.
Wright’s case for hydrocarbons is based on a bad faith conflation of existing realities with possible futures. In Bettering Human Lives, Wright claims that electricity currently “delivers only 20% of total primary energy consumption” in order to challenge clean energy’s viability as a substitute for hydrocarbons. But as Wright himself knows, a central feature of the green transition will be the electrification of everything, from transportation to home heating to heavy industry. Present shares of energy usage for electricity do not provide an accurate picture of future consumption patterns .
In the case of the Global South, where energy poverty is most acute, the key will be the implementation and scaling of distributed renewable energy (DRE) systems. Unlike traditional grids, which often carry power over vast distances, DREs generate electricity from clean energy sources close to home. With the cost of batteries and solar PV both falling over 90% in the past decade, these systems are more affordable than ever. The Roosevelt Foundation sees DREs driving the clean energy transition across Sub-Saharan Africa and South Asia, with mini-grids providing power for a dizzying array of technologies: “solar lanterns, ice-making factories used by fishing communities, milk chillers and irrigation pumps for farmers, refrigerators and life-saving medical equipment in clinics and hospitals, and more.”
Some elements of the climate movement have pushed a degrowth agenda that fails to reckon with the energy needs of many countries in the Global South. Calls for developing nations to abruptly cut off coal consumption, for example, ring hollow if they are not accompanied by meaningful assistance to pay for more expensive alternatives. But for the most part, the climate movement has recognized the inequities in historical development and emissions patterns, and placed the burden squarely on the Global North to drive the decarbonization process.
Wright claims to be working on behalf of the global poor, but if he were, he might heed their repeated calls for emission reductions in the United States and other wealthy countries. For years now, developing countries have been asking the nations most responsible for the climate crisis to decarbonize fastest, in order to buy time for poorer countries to catch up. They have also called for additional climate finance to assist with mitigation and adaptation efforts. At COP29 in November, rich countries pledged $300 billion a year in climate finance by 2035, but research suggests developing nations need closer to $1 trillion a year to protect their most vulnerable populations. If Wright were sincere in his concern for the plight of the global energy poor, he would support these initiatives.
Of course, he will do no such thing. Wright’s patron in the White House has already made the new administration’s policy clear. On his first day back in office, President Donald Trump pulled out of the Paris climate accords—and froze all foreign aid for 100 days. Now Trump appears to have shuttered USAID entirely. To those observing from abroad, Wright’s bad faith appeals to global poverty must appear as one more indignity from an administration inclined to offer little else.
COP30 must be the summit that moves beyond the transactional nature of past negotiations to embrace ideas that recognize the intrinsic value of nature and the need for global solidarity in protecting it.
COP29 in Baku, Azerbaijan has come and gone, leaving behind a sense of cautious reflection rather than the transformative shift many had hoped for. While the summit certainly brought some progress, it has left us with the bittersweet feeling that the climate crisis, with its urgent and pervasive impacts, still seems to be an issue addressed by small steps rather than bold, immediate action. In this sense, COP29 could be seen as both a missed opportunity and a call to rethink our approach to climate change.
A key discussion centered on mobilizing $300 billion annually by 2035 for climate mitigation efforts in vulnerable countries. While this figure might seem substantial, experts argue that at least $1.3 trillion is needed to address the crisis effectively. Even more concerning, however, is the lack of clarity about the sources of this funding; whether public or private, and how it will be allocated. While the commitments made are modest, they underscore a greater issue: the need for a radical shift in how climate finance is understood and structured.
Despite reservations, COP29 provided space for relevant debates about how to create a more inclusive and just financial system. The mobilisation of resources for the Global South is undoubtedly pressing, and the conversation is really just getting started. What is increasingly clear is that we must rethink the economic structures we have inherited, which often fail to address the systemic inequalities that underpin the climate crisis. Financial solutions must be holistic, incorporating the needs of vulnerable populations and the environment in ways that go beyond traditional market-driven approaches.
The environmental crisis cannot be solved by perpetuating existing power dynamics but requires finding solutions rooted in equity, justice, and a deep respect for the interconnectedness of all life.
Meanwhile, at the G20 summit, which ran in parallel to COP29, discussions on Universal Basic Income (UBI) for countries most affected by climate change gained traction. Countries in Latin America, including Brazil and Colombia, championed this idea, seeing it as a preventive measure against the growing polycrisis. UBI could offer a crucial safety net for populations already feeling the severe impacts of climate disruption. Despite its growing relevance and the goals set for COP30, UBI was sidelined at COP29, with market-based solutions taking center stage—solutions that largely overlook the root causes of the climate emergency.
The insistence on market-driven solutions, such as carbon credits, remains a central feature of international climate discussions. These mechanisms, which allow wealthy countries and corporations to offset emissions by purchasing credits from poorer nations, have yet to deliver the necessary reductions in global emissions. What is more concerning is that these market-based solutions reinforce a narrative of economic growth over environmental sustainability. Until the global conversation shifts away from this paradigm, meaningful progress will remain elusive.
The focus on market mechanisms at COP29 underscores the persistent power imbalances that shape climate action. Current international decision-making continues to rely on "realpolitik"—power dynamics that have failed to address both environmental and peace crises. This approach reinforces the dominance of wealthier nations and multinational corporations, while the voices of the Global South remain marginalized.
Although COP29 did not embrace the bold ideas needed to tackle the climate crisis, it has made one thing clear: The future of climate action lies in transforming how we relate to the planet and to each other. Climate change is a social justice issue that disproportionately affects vulnerable populations, yet their voices continue to be overlooked in global decision-making. The environmental crisis cannot be solved by perpetuating existing power dynamics but requires finding solutions rooted in equity, justice, and a deep respect for the interconnectedness of all life.
One potential avenue for transformative action underrepresented at COP29 is the Cap and Share model. This proposal advocates for a carbon tax on the largest polluters, with the revenue redistributed to support vulnerable populations. By holding major emitters accountable and ensuring the most affected communities are supported, Cap and Share challenges the economic systems that have exacerbated both environmental degradation and social inequality. Such an approach would lay the foundations for a fairer and more sustainable global response to the climate crisis.
Looking ahead to COP30, there is an opportunity to break the cycle and center discussions on a more profound philosophical reimagining of our relationship with nature. It is time to ask ourselves: What does a "good life" mean in the context of the climate crisis, and how can we redefine it in a way that prioritizes ecological harmony over economic interests? COP30 could be the moment to rediscover the wisdom that reminds us that humanity is not separate from nature, but an integral part of the web of life that sustains the planet.
To make this shift a reality, we must draw inspiration from initiatives that can empower local communities, particularly in regions most affected by climate change. The principles of Cap and Share can materialise not just through international policy but by supporting initiatives in local territories that engage communities who have suffered the consequences of climate change while also playing a critical role in preserving biodiversity. These initiatives could provide the foundation for overcoming the structural inequalities that perpetuate social and environmental harm, giving rise to a more just and sustainable world.
COP30 must, therefore, be the summit that moves beyond the transactional nature of past negotiations. It should be the moment when we embrace ideas that recognize the intrinsic value of nature and the need for global solidarity in protecting it. But for that to happen, we must first ask: Are we prepared to rethink the way we relate to the planet and each other in order to build a more just and sustainable future?
Rich countries must pay up for the climate action needed to halt the climate crisis they have created and remedy the climate harms that they have inflicted.
The recent COP29 climate finance deal is a stark example of how wealthy historical emitters continue to evade their responsibilities to pay for climate action and remedy climate harm. But they cannot escape rising demands for accountability. In the historic hearings on states' climate obligations at the International Court of Justice, which are drawing to a close, developing nations are forcing them to face the law.
The timing of these ICJ hearings, on the heels of yet another failure of the United Nations climate talks, underscores what's at stake.
The headlines have called COP29's climate finance deal a triumph of diplomacy, but this could not be farther from the truth. Wealthy nations responsible for the majority of cumulative greenhouse gas (GHG) emissions have carefully engineered an escape from their climate obligations through a deal the terms of which are too loose, and that offers too little, too late.
We know rich countries can deliver the grants they owe to the Global South. They can raise well over $5 trillion a year by ending fossil fuel handouts, taxing the rich, and changing unfair global financial rules.
It's too loose: Despite the deal's reference to two finance figures, $1.3 trillion and $300 billion, both constitute a hollow promise. The text fails to hold developed countries to their legal duty to provide climate finance to the Global South. Actors are merely "called upon" to work toward scaling funding to $1.3 trillion per year by 2035, without any binding commitments. Even the $300 billion annual goal has been carefully worded to avoid any concrete obligations. Developed countries are only required to "take the lead" in "mobilizing" these funds, which can come from private finance, multilateral development banks, and other "alternative" sources.
As multiple states including Colombia, Sierra Leone, and Seychelles emphasized during the ICJ hearings, this vagueness disproportionately impacts debt-stressed nations already struggling to fund climate action. If rich countries can pass the buck to the private sector and Global South, the most climate-vulnerable nations may be forced to take on more loans and private investment schemes rather than grants, deepening the historic debt crisis already affecting 93% of them.
Private finance cannot cover the costs of climate action in the Global South. That approach has been tested and failed. Nor can carbon markets fill the gap. Yet, the deal leaves the door open to carbon finance being wrongly counted as climate finance, allowing polluters to claim other countries' climate action as their own through carbon offsets rather than requiring them to pay up and phase out fossil fuels at home. With under 16% of carbon credits currently achieving actual emission reductions, this doesn't underwrite climate ambition, it undermines it.
It's too little: Contrary to what UNFCCC lead Simon Stiell has suggested, what was agreed at COP29 is not a tripling of climate finance. When adjusted for inflation, the $300 billion target is no meaningful increase compared to the $100 billion annually promised by 2020—which rich countries failed to meet. As the decision's own preamble acknowledges, the scale of need in developing countries is on the order of trillions, not billions, annually for climate action between now and 2030. And that figure is neither unreasonable nor out of reach. For context, rich nations currently spend $378 billion yearly on fossil fuel subsidies alone, and fossil fuel companies raked in an average of over $1 trillion in annual profits over the last 10 years. The money exists—it's just being invested in climate destruction rather than climate action.
It's too late: Waiting until 2035 for full implementation of climate finance goals essentially writes off this critical decade for climate action.
The inadequacy of this climate finance deal means planning for failure when it comes to fossil fuel phaseout, and therefore locking in climate catastrophe. The necessary global transition away from fossil fuels can't happen at the speed and scale required unless the biggest polluters pay. The ink has barely dried on the agreement, and wealthy nations are already on the offense. E.U. Climate Commissioner Woebke Hoekstra suggested in De Telegraaf that the E.U. could reduce its share of climate finance contributions since "other country contributions count too." Meanwhile, U.K. Energy Secretary Ed Miliband reframed the entire deal as an "investment opportunity," suggesting that private sector funding could cover the bill—precisely the kind of responsibility-shifting the agreement's language enables. Hoekstra celebrates the deal as 'the start of a new era for climate finance'. Sadly, this is true. A new era where the E.U., U.K., and other rich nations dodge their responsibility to pay—one where everyone is responsible and thus no one is.
But we know rich countries can deliver the grants they owe to the Global South. They can raise well over $5 trillion a year by ending fossil fuel handouts, taxing the rich, and changing unfair global financial rules.
We also know failing to provide needed climate finance doesn't just condemn Global South countries suffering most acutely from a crisis they didn't create. It undermines our collective future.
As the International Court of Justice deliberates on states' climate obligations, this inadequate finance deal illustrates exactly why judicial scrutiny and legal clarity is needed. The world cannot afford another decade of wealthy nations dodging their responsibilities while climate disasters mount.
We reject this deal for what it is—a carefully constructed escape hatch for wealthy nations. It's high time for the biggest polluters to stop hiding behind voluntary pledges and using the climate regime to protect themselves from climate accountability, rather than to protect people and the planet from climate destruction. Rich countries must pay up for the climate action needed to halt the climate crisis they have created and remedy the climate harms that they have inflicted. Doing so is not just a moral imperative, it's a legal obligation.