Right-wing media are suggesting that the energy transition has permanently fallen out of favor as a global priority, evidenced by business leaders’ and governments’ rapid shift in focus toward artificial intelligence. But other recent milestones and ambitious projects signal that long-term interest in climate action is still very much alive.
At the World Economic Forum’s annual convening of elites in Davos, for instance, which has championed corporate climate ambitions for the past several years, right-wing media claimed the message this year was that renewable energy “literally cannot be used.”
Although it’s true that U.S. financial companies such as BlackRock — whose CEO, Larry Fink, headed this year’s conference — have largely abandoned net zero goals, and the Trump administration, which has encouraged fossil fuel expansion abroad, brought that attitude to the conference, conversations about the clean energy transition continued to take place at Davos.
And reporting from The Wall Street Journal and CNBC demonstrate that business leaders are still talking about renewables, and the European Union just hit “‘a major tipping point’ of the clean energy era” according to The Guardian, with renewables generating “30% of the EU’s electricity in 2025” compared to just 29% from coal, oil, and gas.