Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Internewscast Journal
  • Home
  • US News
  • Local News
  • Health
  • People
  • Guest Post
  • Support Our Cause
Home Local news UN Chief Looks to Market Forces for Climate Change Solutions
  • Local news

UN Chief Looks to Market Forces for Climate Change Solutions

    For hope on climate change, UN chief is putting his faith in market forces
    Up next
    Olympic officials bar transgender women from competing in women's sports
    Olympic Committee Excludes Transgender Women from Women’s Sporting Events
    Published on 23 July 2025
    Author
    Internewscast
    Tags
    • Antonio Guterres,
    • Change,
    • chief,
    • Climate,
    • Donald Trump,
    • Environment,
    • Faith,
    • for,
    • Forces,
    • health,
    • his,
    • HOPE,
    • Market,
    • putting,
    • science,
    • world news
    Share this @internewscast.com
    FacebookXRedditPinterest

    NEW YORK – For almost ten years, United Nations Secretary-General Antonio Guterres has relied on scientific evidence to alert the public to increasingly perilous climate change with growing urgency. Now, he is turning to something that seems more crucial to global leaders: Money.

    In an exclusive conversation with The Associated Press, Guterres praised the influence of market dynamics in what he repeatedly described as “a battle” to protect the planet. He referred to two recent UN reports highlighting the dramatic decrease in the cost of solar and wind energy and the rising production and capacity of these renewable energy sources. He cautioned those who continue to rely on fossil fuels that they risk financial ruin.

    “Science and the economy show the way,” stated Guterres in a 20-minute discussion in his conference room on the 38th floor, offering a view of the New York skyline. “What we require is the political will to make the necessary decisions regarding regulatory frameworks, financial matters, and other policy dimensions. Governments must act decisively, rather than obstructing the natural progress towards a more rapid transition to renewables.”

    That means by the end of the fall governments need to come up with new plans to fight climate change that are compatible with the global goal of limiting warming and ones that apply to the their entire economy and include all greenhouse gases, Guterres said.

    But don’t expect one from the United States. President Donald Trump has pulled out of the landmark Paris climate agreement, slashed efforts to boost renewable energy and made fossil fuels a priority, including the dirtiest one in terms of climate and health, coal.

    “Obviously, the (Trump) administration in itself is an obstacle, but there are others. The government in the U.S. doesn’t control everything,” Guterres said. Sure, Trump pulled out of the Paris accord, but many states and cities are trying to live up to the Biden administration’s climate-saving goals by reducing the burning of coal, oil and natural gas that release heat-trapping gases, Guterres said.

    Invest in fossil fuels, risk stranded assets?

    “People do not want to lose money. People do not want to make investments in what will become stranded assets,” Guterres said. “And I believe that even in the United States, we will go on seeing a reduction of emissions, I have no doubt about it.”

    He said any new investments in exploring for new fossil fuel deposits “will be totally lost” and called them “just a waste of money.”

    “I’m perfectly convinced that we will never be able, in the history of humankind, to spend all the oil and gas that was already discovered,” Guterres said.

    But amid the hope of the renewable reports, Guterres said the world is still losing its battle on climate change, in danger of permanently passing 1.5 degree Celsius (2.7 degree Fahrenheit) warming since preindustrial times. That threshold is what the Paris agreement set up as a hoped-for global limit to warming 10 years ago.

    Many scientists have already pronounced the 1.5 threshold dead. Indeed, 2024 passed that mark, though scientists say it requires a 20-year average, not a single year, to consider the threshold breached.

    A scientific study from researchers who often work with the U.N. last month said the world is spewing so much carbon dioxide that sometime in early 2028, a couple years earlier than once predicted, passing the 1.5 mark will become scientifically inevitable.

    Guterres: ‘We need to go on fighting’ even as it looks bleak

    Guterres hasn’t given up on the 1.5 degree goal yet, though he said it looks bad.

    “We see the acceleration of different aspects of climate change., rising seas, glaciers melting, heat waves, storms of different kinds,” he said.

    “We need to go on fighting,” he said. “I think we are on the right side of history.”

    Guterres, who spoke to AP after addressing the U.N. Security Council on the Israeli occupation of Gaza, said there’s only one way to solve that seemingly intractable issue: An immediate ceasefire, a release of all remaining hostages, access for humanitarian relief and “paving the way for a serious political process leading to the two-state solution. Some people say the two-state solution is now becoming extremely difficult. Even some saying it’s impossible. But the question is, what is the alternative?”

    Gaza, Ukraine and Sudan are all crises, Guterres said, but climate change is an existential problem for the entire planet. And he said people don’t realize how climate-caused droughts and extreme weather can feed poverty and terrorism. He pointed to the Sahel as an example.

    “We see that people live in worse and worse conditions, less and less capacity to grow their crops, less and less capital,” he said. “And this is largely due to climate change.”

    “Everything is interlinked: Climate change, artificial intelligence, geopolitical divides, the problems of inequality and injustice,” Guterres said. “And we need to make sure that we make progress in all of them at the same time.”

    ___

    The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

    Share this @internewscast.com
    FacebookXRedditPinterest
    You May Also Like
    UGA head coach talks Calvary Day alum development in presser
    • Local news

    UGA Head Coach Discusses the Growth of Calvary Day Alumni in Press Conference

    ATHENS, Ga. () — Georgia head football coach Kirby Smart mentioned Calvary…
    • Internewscast
    • August 13, 2025

    87-Year-Old Meeker Man’s Home Destroyed in Elk Fire: Survives Second Major Blaze

    MEEKER, Colo. (KDVR) It’s an incredible story of resilience coming out of…
    • Internewscast
    • August 13, 2025
    Israel is in talks to possibly resettle Palestinians from Gaza in South Sudan
    • Local news

    Israel Considers Plans to Relocate Gazan Palestinians to South Sudan

    TEL AVIV – Israel is currently in talks with South Sudan about…
    • Internewscast
    • August 12, 2025
    Homeless people in DC face fines, jail time if they refuse help
    • Local news

    Homeless Individuals in DC Risk Fines and Jail for Declining Assistance

    () A day after President Donald Trump deployed the National Guard to…
    • Internewscast
    • August 13, 2025
    Will Tropical Storm Erin curve away from US? Here’s what else is happening
    • Local news

    Is Tropical Storm Erin expected to veer clear of the US? Here’s the latest update

    ORLANDO, Fla. – With the peak of the Atlantic hurricane season approaching,…
    • Internewscast
    • August 13, 2025
    Storm Team 3: Isolated storms and hotter for this week, tracking T.S. Erin
    • Local news

    Storm Team 3 Update: Expect Scattered Storms and Rising Temperatures This Week, Plus Tracking Tropical Storm Erin

    SAVANNAH, Ga. () — Tuesday afternoon was hot and humid with a…
    • Internewscast
    • August 13, 2025
    Progressives make inroads in key mayor's races
    • Local news

    Key Mayor’s Races See Gains by Progressives

    Progressives are making inroads in big-city mayoral races, giving the left flank…
    • Internewscast
    • August 13, 2025
    Black mayors and leaders decry Trump's threats to deploy National Guard in cities
    • Local news

    Black Mayors Condemn Trump’s Threat to Use National Guard in Cities

    Black civil rights leaders and mayors from various cities spoke out on…
    • Internewscast
    • August 12, 2025
    Local business to be featured on QVC Foodie Fest
    • Local news

    Local Business to Make an Appearance at QVC Foodie Fest

    NASHVILLE, Tenn. () — QVC is bringing its widely adored Foodie Fest…
    • Internewscast
    • August 13, 2025
    Trump's domestic troop deployment tests limits of nearly 150-year-old law
    • Local news

    Trump’s Use of Domestic Troops Challenges the Boundaries of a 150-Year-Old Law

    As President Donald Trump stretches the limits of military involvement on American…
    • Internewscast
    • August 13, 2025
    Taco Bell expands Mtn Dew Baja Blast lineup for first time in 20 years
    • Local news

    Taco Bell Unveils New Additions to Mtn Dew Baja Blast Line for the First Time in Two Decades

    (KTLA) — For the first time in two decades, Taco Bell is…
    • Internewscast
    • August 13, 2025
    Vietnam wants to be the next Asian tiger and it’s overhauling its economy to make it happen
    • Local news

    Vietnam Aims to Become the Next Asian Tiger by Transforming Its Economy

    HANOI – In the heart of Hanoi’s central party school, beneath the…
    • Internewscast
    • August 13, 2025
    Teenage killer of pensioner Bhim Kohli will NOT have sentence reduced
    • News

    Sentence for Teenager Convicted of Pensioner Bhim Kohli’s Murder Remains Unchanged

    The daughter of Bhim Kohli, an elderly dog walker brutally attacked in…
    • Internewscast
    • August 13, 2025
    Prisoner escapes custody at Sea-Tac Airport
    • Local news

    Inmate Breaks Free from Custody at Sea-Tac Airport

    () Authorities in Washington state are searching for a 20-year-old prisoner who…
    • Internewscast
    • August 13, 2025
    Appeals court allows Trump administration to resume foreign aid cuts
    • US

    Appeals Court Approves Continuation of Trump Administration’s Foreign Aid Reductions

    A federal appeals court voted 2-1 on Wednesday to lift an order…
    • Internewscast
    • August 13, 2025
    5 top lawyers bringing fresh energy to the courtroom
    • Crime

    Five Prominent Attorneys Infusing New Life into the Courtroom

    A new generation of attorneys is transforming the landscape of legal practice.…
    • Internewscast
    • August 13, 2025
    Internewscast Journal
    • Home
    • Privacy Policy
    • DMCA Notice
    • Terms and Conditions
    • Guest Post
    • Support Our Cause
    Copyright 2023. All Right Reserverd.