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How Trump's 'drill, baby, drill' pledge is affecting other countries

BBC
Summary
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81% Informative

UN climate summit in 2023 ended with a call to "transition away from fossil fuels" There are fears that the global transition to clean energy may be losing momentum.

Trump 's "drill, baby, drill" slogan aimed at ramping up fossil fuel extraction is affecting other countries.

Indonesia has hinted that it may follow suit after the US announced it will withdraw from the Paris climate agreement.

Global energy transition investment has surpassed $ 2tn for the first time last year .

Growth of clean energy transition has markedly slowed in recent years .

Many major banks continue to finance fossil fuels while many major banks still finance fossil fuel.

China , India , and those in Southeast Asia have a dramatic economic incentive to decarbonise sources of energy.

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