IBOV 208,295.98 ▲ 1.57% IPSA 10,926.50 ▼ 0.42% IPC MEX 69,727.44 ▲ 1.04% MERVAL 3,017,221 — — COLCAP 2,533.22 ▲ 0.47% BVL PERÚ 59,903.86 ▼ 0.06% USD/BRL5.02▼ 0.19% USD/MXN18.42▼ 0.04% USD/CLP974.55▼ 0.68% USD/COP3,167▼ 0.25% USD/PEN3.44▼ 0.20% USD/ARS1,525▲ 0.02% USD/UYU40.13▲ 2.70% USD/PYG5,704▲ 3.09% USD/BOB11.65▲ 2.79% USD/DOP61.21▲ 2.70% USD/CRC448.07▲ 1.61% USD/GTQ7.64▲ 2.99% USD/HNL26.86▲ 3.12% USD/NIO36.62▲ 2.57% USD/VES881.19▲ 0.05% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 2.14% EUR/BRL5.64▼ 0.74% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 208,295.98 ▲ 1.57% IPSA 10,926.50 ▼ 0.42% IPC MEX 69,727.44 ▲ 1.04% MERVAL 3,017,221 — — COLCAP 2,533.22 ▲ 0.47% BVL PERÚ 59,903.86 ▼ 0.06% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Wednesday, October 21, 2026

Brazil Politics - Brazil

U.S. Energy Chief Calls COP30 a Farce Amid U.S. LNG Push

By · November 9, 2025 · 2 min read

The story starts with a word: farce. That’s how U.S. Energy Secretary Chris Wright described COP30, calling it “essentially a farce” and “not an honest organization seeking to better human lives.”

He said he might show up next time “to bring some common sense.” Washington also chose not to send a senior delegation to Belém, arguing it won’t risk economic or national security for unclear climate targets.

Now the story behind the story. Wright delivered those lines while courting European buyers for U.S. liquefied natural gas.

That tells you the North Star: reliable energy at manageable prices, even if it slows the pace set by UN forums.

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He and other officials also pushed back on European carbon rules, saying they weigh on growth and innovation.

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Inside COP30, the mood was the mirror image. UN leaders warned that delaying action is a moral failure, and Latin American presidents called for faster cuts to fossil-fuel use.

U.S. Energy Chief Calls COP30 a Farce Amid U.S. LNG Push
U.S. Energy Chief Calls COP30 a Farce Amid U.S. LNG Push –  U.S. Energy Secretary Chris Wright
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U.S. Energy Chief Calls COP30 a Farce Amid U.S. LNG Push

Brazil, the host, pitched forest finance and more predictable carbon markets—an effort to turn Amazon stewardship into bankable projects.

Colombia’s president criticized the American no-show; Brazil’s president kept the door open, saying he hopes Washington will eventually engage more fully.

China and India did not send their top leaders either, underscoring how hard it is to align the biggest emitters.

At COP30, Brazil Sells Big Climate Finance While Defending New Oil

Why this matters if you live, work, or invest abroad: what happens—or doesn’t—at COP shapes the rules of trade.

Carbon border measures, subsidies, and “green” standards can change costs for airlines, exporters, miners, and data centers.

If LNG remains central in Europe, gas prices and shipping patterns shift. If forest finance scales up, money flows into the Amazon and compliance demands rise for agribusiness and logistics.

The practical takeaway: expect more arguments over how fast to cut emissions and who pays. Brazil wants to convert the COP spotlight into cash and clear rules.

The United States is signaling that energy security and affordability come first. Between those poles sit businesses and households that need predictable policy, steady power, and prices they can live with.

This article was drafted with automated assistance and reviewed before publication. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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