The 26th United Nations Conference of the Parties (COP-26), scheduled to open on 10/31/21 in Glasgow, Scotland. COP brings wealthy and developing nations together to discuss fighting climate change as one entity. The conference for this year will attempt to finish the rules for the carbon market, not completed at COP 25. Any decisions made will have global authority.
The science of climate change will be front and center as a new observational study has found that just a tiny fraction of heating, 0.25 C, has pushed the planet extremes higher over the past decade.
Glasgow was Scotland’s industrial center in its glory days. The city is now attempting to lead on the green energy transition.
There will be a lot of headwinds for world leaders as natural gas prices surge just before winter (not expected to impact the US), and Chinese factories are shutting down to meet green energy goals while developing nations of the world’s factory floor struggle with the cost of energy.