War with Iran pushes renewable energy development.
The UN climate summit began in Turkey. The chairman invites the participants to commit to the goal of electrifying at least a third of the global economy by 2035. But the chaos in the energy market prevents the achievement of the climate goals.
An October report by the United Nations Environment Program noted that the world is on track to exceed the temperature threshold of 1.5 degrees Celsius relative to pre-industrial levels. And not to exceed this level, NIK notes, is the main goal of the Paris climate agreement.
Turkey's COP31 presidency emphasized the goal of electrifying more than a third of the global economy by 2035 - compared to about a fifth today. In theory, this should reduce greenhouse gas emissions. Turkey calls on other countries to support this goal.
Conference participants noted that the US war with Iran, as well as the Trump administration's policy to increase oil, gas and coal production, are complicating the negotiations. The position of hydrocarbon energy is also strengthened by the rapid implementation of AI, which sharply increases the global demand for electricity from fossil sources.
Oil and capital.