Trend US climate retreat shifts clean-energy and climate-governance leadership toward China

Summary

Washington has reordered its energy policy to put oil, coal and gas ahead of wind and solar, calling climate change a scam and a drag on US competitiveness. It has announced its exit from the Paris Agreement, halted climate cooperation projects and cancelled Green Climate Fund commitments, while keeping its seat in the UN climate convention. China, by contrast, pursues an aggressive energy transition for new growth engines, energy security and global influence, and uses its supply-chain dominance to tighten controls on critical minerals. The report warns that slower clean-energy transition in the US could translate into a global retreat on climate. It expects US influence over clean-energy industries and climate governance to wane as China's grows, with a rising chance of bloc formation and protectionism in clean-energy supply chains.