Jumping the Shark

As Trump ranted and America looked backward, China quietly took the lead.
9 minute read

Years from now, we may look back on this week as the moment the United States officially jumped the shark on climate — and China stepped forward as the adult in the room.

The contrast could not have been starker. On one side was Donald Trump, delivering an hour-long, grievance-filled tirade at the United Nations General Assembly that was historic in all the wrong ways. 

He derided climate change as a “con job,” mocked Europe’s transition to renewables as “suicidal energy ideas” that “will be the death of Western Europe,” and used the stage to advertise America’s “massive fossil fuel reserves” and ambition to become a “dominant global energy exporter.” His prescription for greatness: more “traditional energy sources” and stronger borders.

One nation clings to the past

The speech spiralled from there — attacking Joe Biden, the mayor of London, the teleprompter, the escalator and even the UN’s terrazzo floors, all while threatening Brazil with tariffs and boasting of ending seven wars single-handedly. The “time’s up” light glowed red as he spoke four times longer than allotted, and fact-checkers debunked many of his claims. What emerged was not a vision for global leadership, but a rambling pitchman shilling for a declining industry and an increasingly inferior product.

There’s no doubt that world leaders have taken notice. Their silence spoke volumes as they weighed questions Trump likely didn’t intend to raise: Do we really want to tie our energy security to this man? To deepen dependence on U.S. fossil fuels? To risk future bullying through tariffs? Many are already shifting course — seeking more secure trade partners, building self-sufficient energy systems, and accelerating their transition to renewables that are now cheaper than fossil fuels and far less vulnerable to geopolitical risk.

…Another builds the future.

And while the U.S. overplayed its hand and lost the room, China quietly consolidated its position as the world’s clean-tech superpower.  Even as the European Union stumbled, unable to present a climate pledge amid internal divisions, Beijing surged ahead. 

China now manufactures more than 80% of the world’s solar panels, 75% of EV batteries, and 60% of wind turbines. Clean technology accounted for 40 % of China’s GDP growth in 2023, and the sector now represents roughly 10 % of its entire economy — compared with just 3 % for oil and gas in Canada.  Last year, China invested $72 billion in green manufacturing overseas, about 40 % of all its foreign direct investment.

China is succeeding because it has aligned decarbonization with its economic growth strategy: it has set itself up so that cutting emissions means growing the economy—and vice versa.

This week, China went further, setting its first absolute emissions-reduction target: a 7–10 % cut by 2035. 

Some observers argue that isn’t ambitious enough, but many expect China to over-perform, just as it has before. 

The very fact that Beijing is now given the benefit of the doubt, while Washington must have its every utterance fact-checked, says everything about the shift underway.

This may well be remembered as the week the United States became isolated — and China, having aligned decarbonization with economic growth, assumed a mantle of leadership the West seems intent on abandoning.

Here are the other major climate stories from the week of September 22 to 28, 2025:

Consumer Sentiment

Recent surveys indicate that 80% to 90% of people worldwide support taking action on climate change, with most individuals willing to contribute up to 1% of their income to help address the issue.

COP
Chinese President Xi Jinping attends a bilateral meeting with President of Congo Republic Denis Sassou Nguesso (not pictured) in The Great Hall of the People on September 04, 2025 in Beijing, China. Lintao Zhang/Pool via REUTERS

It was a big week for the global effort to cut emissions. China announced its first absolute pledge to cut emissions – some criticized it as falling short of what’s needed, while others pointed to China’s history of underpromising and overdelivering. Donald Trump may have overplayed his hand – his lecture to the rest of the world about how they are ruining their countries with renewables and how they should be buying US oil and gas may prove to be the catalyst that unites countries in isolating the US. The “what about China” excuse may be over.

Canada Policy
Prime Minister Mark Carney, left, meets with Alberta Premier Danielle Smith as the pair attend a Stampede breakfast in Calgary, Alta., Saturday, July 5, 2025. THE CANADIAN PRESS/Jeff McIntosh

Following last week’s news that Canada will likely miss its legally mandated emissions targets, criticism is mounting over the Carney government’s push to accelerate fossil fuel projects — on both climate and economic grounds. Alberta has now announced it will freeze carbon prices on large industrial emitters, defying the federal requirement to raise them annually. Unless Carney intervenes, it will mark yet another rollback of climate policy.

US Policy

As the world watches, the US intensifies its efforts to dismantle renewable energy.

Oil and Gas Industry

You’d think oil and gas executives in the US would be quite pleased right now, but they’re not. US reserves are diminishing, forecasts suggest a prolonged oil and gas surplus, prices remain low, and extraction costs are rising. They’re laying off workers and holding back on investments. All signs point to an industry in decline.

Renewable Energy
The total amount of investment in low-carbon forms of energy is expected to be more than twice that for fossil fuels by the end of the year. Photograph: Phil Noble/Reuters

In contrast to fossil fuels, and despite Trump’s concerted efforts to stop it, renewable energy is attracting a lot of investment and growing rapidly.

Nuclear

Canada is considering adding a nuclear power project in Ontario to its list of nation-building projects to fast-track.  Are we really comfortable relaxing regulations for nuclear plants?

Electric Vehicles
Volvo’s lineup of electric trucks. Photo courtesy Volvo.

There’s promising progress on electric trucks—though not in Canada yet. While long-distance transport lags in cutting emissions, change may be coming.

Air Travel

Sigh –  the best near-term way to cut emissions from air travel is the use of sustainable aviation fuel.  An alternative is to jam more passengers into planes.  Guess which is happening?

Economic Impact
An excavator is seen at the Belchatow Coal Mine, biggest opencast mine of brown coal in Poland, in this illustration in Zlobnica, Poland, November 22, 2023. REUTERS/Kacper Pempel/File Photo

Recent studies show a growing awareness among investors and asset owners of climate change risks. The Government of Canada is now evaluating ways to protect its $110 billion in assets, while Barclays warns climate change could cut power and mining profits by up to 25% over the next five years.

Business Emissions

California is following Europe in moving ahead with the mandatory climate disclosures investors are asking for so they can assess the systemic risks companies face – Canada’s plans to implement these measures remain on “pause”.  IKEA continues to demonstrate climate leadership.

Finance

Smart investors continue to put their money into the expanding electro-economy.

Extreme Weather

In an unexpected finding, a new study shows atmospheric rivers are no longer following their traditional paths. They are shifting toward the poles, with implications for agriculture, droughts, and flooding.

Floods
Farmers inspect damaged cotton crop, following monsoon rains and flooding, in Kabirwala, Pakistan, September 18, 2025. REUTERS/Quratulain Asim

Massive floods in Pakistan are causing billions of dollars in damage while straining food supplies, exports, and a fragile economic recovery.

Extreme Heat

Another study quantifies the rising death toll from extreme heat, finding nearly 63,000 people in Europe died from heat-related causes last year. In BC, people are urging the province to establish a maximum heat standard for buildings, similar to the existing minimum heat standards.

Drought

Iran is emerging as a stark example of the catastrophic consequences of drought, as a new study forecasts when and where the world could run out of water within the next 15 years.

Disease

An estimated 4 – 7 million people die each year from pollution caused by fossil fuel use. A new mapping model pinpoints the world’s largest emitters and the populations most exposed to their smokestacks.

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