Australia has suffered a major climate setback, losing its bid to host next year’s COP summit in Adelaide. At the same time, the Coalition has reignited Australia’s climate wars by abandoning its commitment to net zero emissions by 2050 – a reversal that resets the political debate just as the world pushes for faster decarbonisation.

In this episode, Rebecca Jones asks Bloomberg’s David Stringer to unpack what the failed COP bid means for Australia’s international standing, how the Coalition’s shift could shape the next election and what renewed climate volatility means for investment, energy transition plans and ultimately your power bill.

Find more from the Bloomberg Australia Podcast here: https://www.bloomberg.com/podcasts/series/bloomberg-australia

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Over the last two weeks, tens of thousands of people took to the city of Belem, at the mouth of the Amazon river, for the annual United Nations climate summit: COP30.

Alongside tense negotiations, there were indigenous protests, daily rainstorms and even a fire at the COP venue. But at the end of it all, what did COP30 achieve? Bloomberg Green’s Jennifer Dlouhy joins Akshat Rathi on Zero, to share her takeaways.

Explore further:

• COP30 in Brazil: A Decade After Paris, Climate Diplomacy Is About Saving Itself - Bloomberg
• COP30 Climate Deal: What to Know About the Agreement in Brazil - Bloomberg

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Our theme music is composed by Wonderly. Special thanks to the COP30 team Amanda Hurley, Simon Casey, John Ainger, Jen Dlouhy, Fabiano Maisonnave, Daniel Carvalho, Vanessa Dezem and Dayanne Sousa. Thanks also to Anna Mazarakis, Sommer Saadi, Mohsis Andam, Laura Millan and Sharon Chen.

Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

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Climate solutions are here, they’re just not evenly distributed. So says former US Vice President Al Gore, who remains staunchly optimistic that we can move faster to tackle climate change, even at a time of increasing political resistance in some parts of the world.

This week on Zero, Gore joins Akshat Rathi to discuss what it means to be a climate realist, the ways to move more finance to the countries that need it and how to tackle the tragedy of the horizon. This is Part 2 of a two-part conversation between Gore and Rathi. Find Part 1 linked below.

Explore further:

• Listen to Part 1 of the conversation
• Al Gore Tells COP30 That the US May Have Reached ‘Peak Trump’

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to TED Countdown House, Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

See omnystudio.com/listener for privacy information.