The Iran war is also a climate war. Beyond its terrible human costs, the war’s disruptions of oil, gas, fertilizer and other shipments is another reminder of the risks inherent in basing the world economy on fossil fuels. The war’s jets, missiles and aircraft carriers, and the tankers, refineries and buildings they blow up, represent millions of tons of greenhouse gas emissions that further imperil a climate system that is already “very close” to a point of no return, scientists say, after which runaway global warming could not be stopped. Nevertheless, petrostate leaders around the world continue doing their utmost to stave off a desperately needed course correction.
Now, a little noticed ray of hope may be peeking over the horizon.
At the UN Cop30 climate summit last November, Saudi Arabia led a group of petrostates in vetoing calls to develop a “roadmap” to phase out fossil fuels globally; indeed, the words “fossil fuels” were not even mentioned in the final text agreed at Cop30. But the 85 countries on the losing end of that veto may soon turn the tables.
Many of those governments will gather in Colombia on 28-29 April for a conference to begin a global transition away from oil, gas and coal. Critically, the First International Conference on the Just Transition Away from Fossil Fuels will not be governed by UN rules, which require consensus, but by majority rule, thus preventing a handful of countries from sabotaging progress as petrostates did at Cop30. What’s more, the underlying terrain of this conference will no longer be principally politics, but economics: not the words that canny negotiators can keep in or out of a diplomatic text, but the implacable market forces that shape the world economy, including the potential emergence of a de facto economic superpower.



Spoiler: The superpower is the power of friendship and investment in renewable energy.
I am all for giving up oil, in fact I insist on it. I do not think it will give us economic superpowers. It’s going to be costly and difficult, although obviously less so than not doing it.
Sound take. We do have to face harsh realities, but as so many have said before, the cost of inaction is far greater. We can’t do business as usual with fossil fuels because investing in a finite resource is economically insane. We have the technology; we mainly need the political will and investments to see it through.