It is already suffocating us with warming. And yet, we care less
Executive summary: Global temperatures continue to rise, making heat extremes more common, yet societal concern about climate change is weakening. Diminishing climate momentum could slow policy action and investment in mitigation, while reduced crude dependence lessens geopolitical oil risks and renewables lower power costs. Governments, energy markets, renewable investors, China as a transition beneficiary, and the general public experiencing heat extremes. If climate concern stays low, policy momentum may stall; however, ongoing cost advantages of renewables and China's push for clean tech could sustain the transition independently of public sentiment.
The article notes that despite worsening heat extremes, public and political attention to climate change is declining, even as the world becomes less dependent on crude oil and renewable electricity becomes cheaper. It observes that China is capturing the greatest benefits from the global energy transition, while the climate cause loses momentum. This juxtaposition highlights a potential misalignment between the physical realities of warming and the socio-political will to act.
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INTELLIGENCE
Social Pulse
AI estimate · not scraped