At COP30, China’s investment in green tech offers glimmer of hope

More than 40,000 delegates from nearly 200 countries begin work this week in the Brazilian city of Belém, on the edge of the Amazon rainforest, on a task that looks increasingly hopeless: slowing and mitigating the overheating of our planet.

But while their work at the 2025 United Nations Climate Change Conference, commonly known as COP30, certainly matters, this latest meeting comes amid a dramatic shift—along with an incredible glimmer of hope—in the politics of climate change.

Whether and how the world will embrace clean energy technologies—replacing carbon-intensive oil, gas and coal—now depends less on these annual meetings and more on the domestic political agendas of each individual country.

Why did we write this

As the COP30 climate conference gathers in Brazil, Beijing and Washington have taken opposing positions on climate change. Donald Trump calls it a “scam.” Xi Jinping has invested billions in green technology this year. Whose point of view will be more prophetic?

And no country matters more than two energy superpowers with divergent interests and increasingly divergent approaches to climate change: the United States and China.

US President Donald Trump recently called climate change “the biggest scam ever.” He cuts former President Joe Biden's green energy subsidies, doubles America's world-leading oil and gas production and ignores the Belem conference.

Chinese leader Xi Jinping is making a very different economic bet.

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