Zack Colman

The oil giant takes a stance before the Trump administration enters office and sets its sights on gutting Biden's climate

The oil giant takes a stance before the Trump administration sets its sights on gutting Biden's climate agenda.

Donald Trump isn't at COP29, but his rapid-fire personnel moves to dismantle Joe Biden's climate legacy are being felt there.

Exxon CEO Darren Woods advised the incoming Trump administration to maintain stable climate policies and cautioned against carbon border tariffs, which he described as ineffective and burdensome.Zack Colman reports for POLITICO.In short:Darren Woods, Exxon CEO, discouraged the incoming administratio...

Privately, however, some conceded they may have to settle for the lower figures for now as COP29 talks amble toward the finish line.

Career negotiators at the climate talks face working for a president who says global warming is a hoax, being reassigned or finding new jobs.

Developing nations are pressing for trillions in climate aid, while wealthy countries offer significantly less, sparking tensions at COP29 negotiations.

The draft agreement comes with many uncertainties about which nations will provide how much financing to poorer countries, especially with a new Trump era looming in the U.S.

Dominance of clean energy technology has allowed China to cement its influence with developing nations, overwhelming more meager efforts by the U.S. and Europe.

Rich nations including the US, China, UK and Australia worked overnight to try to break the stalemate at the COP29 climate summit, diplomats told POLITICO. There was ‘lots of shouting,' one diplomat said.