The World’s Mineral Powers Seize Their Moment
Resource-rich countries haven’t always benefited from extraction. Can this time be different?
In the next week, with the Paris climate conference underway, millions of Americans will hear and read news stories about global warming. They’ll hear that allowing global average temperatures to increase by more than 2°C would be dangerous, that nations of the world have pledged to keep warming below 2°C and that, in the absence of policies, global average temperatures are likely to increase by a shocking 4°C by the end of the century. There’s only one problem: Americans think in degrees Fahrenheit.
The UNFCCC process is marred by gridlock in the COP multilateral framework, threatening joint efforts by countries to mitigate the climate crisis.
On March 20, Governor Kathy Hochul proposed significant changes to New York’s Climate Leadership and Community Protection Act (CLCPA), the landmark climate law passed in 2019.