Angry Green Energy commentator Assaad Razzouk spells out why the US leaving the climate talks is good and not bad in his latest Podcast 89 [1]. He provides ten reasons we should be pleased. He also highlights that this measure is a self-inflicted wound on USA production, and something the US may regret for decades.

The global energy transition is not something President Trump or anyone else is going to stop, and Razzouk explains why.

We now know what we need to do.  Stop burning rocks. 

Ten Reasons USA Leaving Climate Change Talks is Good

Any country can safely withdraw from the Paris Agreement.  The Paris Agreement is entirely voluntary and countries do not have to adhere to their commitments. If they fail to adhere, there is no penalty or consequences. Moreover, at Each COP countries get together. They have thousands of delegates. Not much happens and emissions keep rising. The latest COP29 was even worse with fossil fuel companies capturing the narrative.

1. Solar and wind so cheap they dominate new energy. Batteries are following the price trend down and 50% cheaper. the world installed over 600GW in 2024 which is more than half of the USA energy demand,  
2. Emissions in USA have not dropped. The new renewable electricity has simply met the increasing demand for energy.  
3. Cities and businesses continue to invest in renewable energy. E.g Texas continues to build out renewable energy. Expansion of SWB will continue despite presidential missives.
4. The USA oil and gas industry will not expand. There is peak oil in China. Costs savings are temporary. World output is going to increase, and demand will reduce, and that spells bad new for producers.
5. Nature is stronger than us and insurance companies will continue to have to increase insurance premiuum
6. Wind power is 99% is on private land, and the Government does not interfere with private business. Public land 
7. EVS are electrifying fast. The value proposition is too strong and Ark Invest say that robotaxis will take up 40% of oil consumption by 2030, and EVs 20%. I.e. within 5 years will decrease 60%. [2]
8. Renewables went up 120% in Trumps first presidency. Solar power has ben growing for decades
9. What is driving climate action is economics.
10. All new capacity to the USA grid than any other source

Global Oil Reduces 60% by 2030

Ark Invest predicts oil demand will drop 20% because of EVs over the next 5 years. [2] But robotaxis will reduce oil demand by 40% as personal public transport ramps up.

Finance is Lagging 

Banks are still spending less money on low-carbon solutions than on fossil-fuel projects, even though global clean energy investment has hit a new record and surpassed fossil-fuel financing for the first time. At last count, the energy supply ratio for bank financing was just 0.89 cents of low-carbon spend for every $1 spent on fossil fuels. That’s an improvement over previous years, but with a ratio of 4:1 by 2030 required to meet a 1.5C climate scenario, the world is still a long way from hitting that target.[4] Some of that change is to shift the balance. We don’t need to invest more, just invest in greentech.

USA Loses Global Competitiveness 

Energy security is driving. Why import billions of oil and coal if you can buy the technology and not pay anything more for 30 years

The USA will lose competitiveness in the green technology industry. China will take no prisoners over the next 4 years.

• Solar panels
• Batteries
• Wind turbines (See Wind Turbine analysis by Bloomberg
• Electrification of the grid 
• Transformers
• Electric scooters
• Electric buses
• Electric aircraft

Investment in USA Electricity is All Renewable 

The investment in electricity in the USA is all wind solar, and batteries. Policies will not change this situation at all, despite political rhetoric. [3]

The data from EIA is even more startling. In 2010, gas was 35% of new electricity. 2024. Zero. Coal gone

More Reading and Listening

[1] ‘Episode 89 – The Angry Clean Energy Guy’. Accessed: Feb. 19, 2025. [Online]. Available: https://theangrycleanenergyguy.com/podcast/episode-89/

[2] ‘BIG IDEAS 2025’. Accessed: Feb. 15, 2025. [Online]. Available: https://www.ark-invest.com/big-ideas-2025

[3] ‘Overview and key findings – World Energy Investment 2024 – Analysis’, IEA. Accessed: Feb. 19, 2025. [Online]. Available: https://www.iea.org/reports/world-energy-investment-2024/overview-and-key-findings

[4] ‘Bank Transition Ratios Plot Route for Decarbonization – Bloomberg’. Accessed: Feb. 19, 2025. [Online]. Available: https://www.bloomberg.com/news/audio/2025-02-12/bank-transition-ratios-plot-route-for-decarbonization-podcast