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  • The Week Evening Review
    Climate summit, Musk’s pay deal, and the Big Crunch

     
    Today’s Big Question

    Cop30: is UN climate summit over before it begins? 

    Keir Starmer has told fellow world leaders at Cop30 that the “consensus” for tackling climate change “is gone”. Without any high-level US representatives at the talks, there are fears Cop will have little effect.

    The absence of the Trump administration is a “watershed moment”, EU Climate Commissioner Wopke Hoekstra told Bloomberg. “If a player of that magnitude basically says, ‘Well, I’m going to leave and have it all sorted out by the rest of you,’ clearly that does damage.”

    What did the commentators say?
    Cop30 comes at a “particularly precarious time for climate action”, said Sky News. UN Secretary-General António Guterres recently warned that the world had failed to hold to the Paris Agreement to limit global warming to 1.5C above pre-industrial levels. And yet “fewer than 60” world leaders registered to attend this year’s Cop, compared with more than 80 at 2024’s conference.

    The US has sent delegations to climate summits over the past three decades, even when they had “scant desire” to address global warming, said The Guardian’s environment reporter Oliver Milman. But this a “much more aggressive administration”, said Todd Stern, US lead climate negotiator in Barack Obama’s presidency. One former state department official said that, given the choice between “no US or a US that is there as a spoiler, to wreck and disrupt things, then I think most countries would prefer there to be no US”.

    But it’s not just the US undermining the summit, said Politico. About 100 of the 195 nations that signed the Paris Agreement missed the September deadline to submit their Nationally Determined Contributions (NDCs), or updated plans for cutting greenhouse gas emissions, to the UN.

    What next?
    It’s not clear if there will be “major takeaways” from this year’s Cop but the countries that did submit their NDCs by the deadline have outlined plans of a “much higher quality than the previous ones”, said Sky News.

    This means, according to the UN, that a “clear” fall in global greenhouse gas emissions is on the horizon for the first time. “More plans are expected to be published during Cop30, bringing some hope to the summit.”

     
     
    THE EXPLAINER

    ‘Big Crunch’: science divides over future of the universe

    The expansion of the universe may be slowing down, rather than accelerating, according to a new study. “If confirmed”, this would have “profound implications for the fate of the universe”, said The Guardian.

    The study findings challenge the Nobel Prize-winning theory of dark energy and suggest that, “rather than expanding forever”, the universe could end in a “reverse Big Bang scenario” – or Big Crunch.

    What is happening?
    In the 1990s, astronomers first estimated the expansion of the universe by studying exploding stars, known as type 1a supernovas. The distant supernovas were dimmer than expected, leading scientists to conclude that the expansion had sped up and was continuing to accelerate.

    But these new findings from a team at Yonsei University in South Korea suggest that this force – dark energy – “may not be driving galaxies apart at an accelerating rate any more”, said Space.com. By estimating the ages of 300 host galaxies, the researchers concluded that there were variations in the properties of stars in the early universe that meant they produced, on average, fainter supernovas.

    Who said what?
    There was a “key assumption” that “turned out to be incorrect”, said Young-Wook Lee, one of the study’s authors. “It’s like doing up a shirt with the first button fastened incorrectly.”

    This is “definitely interesting” and “very provocative”, said Carlos Frenk, a cosmologist at the University of Durham, but it “may well be wrong”.

    The “influential” Desi consortium reached a conclusion similar to the researchers earlier this year, said The Guardian, so “a fierce debate is opening up in cosmology” over dark energy and the “probable fate” of the universe.

    What does this all mean?
    If the findings are confirmed, it could “open an entirely new chapter” in the “quest” to “understand the past and future of the universe”, said Phys.org.

    It could “revolutionise” our understanding of the universe, said Space.com, and “offer clues about how our cosmos will end”. If dark energy has “lost the battle against gravity”, the next step could be “the contraction of space” and the end of the universe in a Big Crunch.

     
     

    Poll watch

    More Britons than ever (84%) feel the country is divided – up from 79% two years ago, according to an Ipsos survey of 4,000 over-16s for the Policy Institute at King’s College London. National pride has dipped in most age and ethnic groups, with levels lowest (29%) among 16 to 24-year-olds.

     
     

    Statistic of the day

    £1.6 billion: The estimated worth of ITV’s broadcasting business – which could be sold to Sky’s parent company if current discussions progress. News of the possible deal, which wouldn’t include ITV Studios, the production company behind shows like “Love Island” and “Mr Bates vs. the Post Office”, has sent ITV shares soaring by almost 20%.

     
     
    In the Spotlight

    How Tesla can make Elon Musk the first trillionaire

    Tesla’s board has approved a $1 trillion pay package for CEO Elon Musk on condition that he meets a series of performance targets over the next decade. “It’s not just a new chapter for Tesla,” said Musk. “It’s a new book.”

    The decision was met with “cheers and chants” at the company’s annual shareholders meeting, said CNN. Musk does not receive a salary but, assuming the “lofty” targets are met, the shares in the package would be worth $275 million a day, “dwarfing any other executive pay package in history”.

    ‘Miracle man’
    The central requirement of the deal is to raise the value of Tesla from around $1 trillion to $8.5 trillion. The scale of Musk’s remuneration, if he achieves the targets, is “staggering”, said The Guardian. It “exceeds the GDP of entire countries, including Ireland, Sweden and Argentina”. Many investors see Musk as a “miracle man capable of stunning business feats”, making him indispensable to Tesla. 

    Despite the fact that his turbulent venture into US politics destabilised Tesla’s sales – including a 50% decline in Germany – Musk will always be seen by his supporters as the man who took Tesla from the “brink of bankruptcy” to “one of the world’s most valuable companies”. 

    ‘Erratic leader’
    Despite 75% of shareholders voting in favour of the proposal, others have been “raising concerns about its scale and potential risks”, said ABC News. One major shareholder, Norway’s $2 trillion sovereign wealth fund, expressed reservations about the “total size of the award” and the “lack of mitigation of key person risk”.

    The target “won’t be easy” to meet, said Sky News. Musk will need to deliver 20 million Tesla vehicles over the next decade, which is “double the number churned out” since 2013. He also needs to “roll out” one million AI-powered robots – and  Tesla “hasn’t released a single one so far”. Most importantly, Musk needs to provide a “succession plan” for his chief executive role.

    Critics of the deal point out the danger of concentrating power in “one erratic leader” who has blindly “ignored the challenges the company has faced”, said The Guardian.

     
     

    Good day 🫰

    … for go-getters, with nearly a quarter of women who earn over £100,000 securing their six-figure salary by the age of 30, according to an HSBC survey. In the race for big wages, women are outpacing men, only 21% of whom make it to six figures by 30.

     
     

    Bad day ✈️

    … for jet-setters, after the US government ordered 40 “high-traffic” airports to cut flights by 4%, causing widespread disruption. The Federal Aviation Administration said the move was necessary to maintain air traffic control safety during the federal government shutdown.

     
     
    picture of the day

    Ladies of the lake

    A religious procession at the Ulun Danu Beratan Temple in Bali. The famous temple complex, on the shores of Lake Beratan near Bedugul, is dedicated to Dewi Danu, the Balinese Hindu goddess of lakes and rivers.

    Mladen Antonov / AFP / Getty Images

     
     
    PUZZLES AND QUIZZES

    Quiz of The Week

    Have you been paying attention to The Week’s news? Try our weekly quiz, part of our puzzles section, which also includes sudoku and crosswords 

    Play here

     
     
    THE WEEK RECOMMENDS

    Properties of the week: fairy-tale dwellings

    Somerset: The Old Rectory, Cricket Malherbie
    Picturesque 18th century property, set in mature grounds. 5 beds, 5 baths, kitchen, 3 receps, 2-bed self-contained annexe, outbuildings, garden, parking. £1.6 million; Symonds and Sampson

    East Lothian: The McLaren Wing, Tyninghame House, Dunbar
    A wing of this handsome A-listed property, with direct access to Tyninghame Beach. 5 beds, 2 baths, kitchen, 3 receps, study, communal gardens and parkland, parking. OIEO £950,000; Rettie

    Aberdeenshire: Rubislaw House, Aberdeen
    Eye-catching 19th century house in the heart of the city’s West End, built by John Pirie and Arthur Clyne. A superb example of Aberdeen granite carving, featuring an oversized angle turret and oriel windows with stained glass. Main suite, 5 further beds, 2 baths, kitchen/dining room, 4 receps, 2-bed annexe, garden, parking. OIEO £1.5 million; Savills

    Merseyside: North Lodge, Thornton Hough
    Built in 1894, a charming Grade II property that’s part of the Thornton Hall estate. Surrounded by rolling countryside with impressive views. 3 beds, family bath, shower, kitchen, 2 receps, gym, garden, parking. £825,000; Inigo

    Cumbria: Hewthwaite Hall, Setmurthy
    Fine Grade II manor house set in approx. 8 acres within the Lake District National Park. 3 beds, 2 baths, 3 receps, kitchen/diner, garden, substantial detached barn, parking. £800,000; Finest Properties

    See more

     
     
    QUOTE OF THE DAY

    “All that lying, all that treachery: it was worth it.”

    Alan Carr celebrates his villainous victory in “The Celebrity Traitors". Last night’s finale ended with his tearful revelation that he was a Traitor, after he’d hoodwinked remaining Faithfuls Nick Mohammed and David Olusoga. His chosen charity, Neuroblastoma UK, will receive the £87,500 prize money.

     
     
    instant opinion

    Today’s best commentary

    The Republicans can’t win with Trump – or without him
    Sarah Baxter in The i Paper
    America’s Democrats have been “in the doldrums”, writes Sarah Baxter of the Marie Colvin Center for International Reporting. But, following their “triumph” in this week’s elections in New York, Virginia and New Jersey, “their heads are now up”. Voters “mutinied against their Maga overlords”, leaving the Republicans “in a quandary”. “On the one hand”, Donald Trump is “the Republicans’ best campaigner”; but “on the other”, his record in office “is clearly turning voters off”.

    Urban Bears Bring Fur and Loathing to Japan
    Gearoid Reidy on Bloomberg
    Japan is sending “the army to tackle the scourge of bears in the north of the country”, writes Gearoid Reidy. Bears have killed 12 people “this year alone” and attacked “nearly 200”. They’ve been “spotted in supermarkets”, “school grounds” and even the “bustling” city of Morioka. It’s partly “about climate change” and “a shortage of food” but also “severe” rural population decline: “there aren’t enough people to keep” these animals “in check” and that’s “emboldening” them.

    Passwords are the bane of modern life
    The Times’ editorial board
    For the password for the Louvre’s “surveillance system” to be LOUVRE was “the digital equivalent of the welcome mat”, says The Times. Yet “there but for the grace of God”. Updating passwords is such “torture” that “many of us simply give up”. The most “commonly used passwords” are “123456”, “qwerty” or “password”. Hackers crack those in “precisely one second”. Hopefully for the “boys at the Louvre”, their “next password will be very secret. Like ‘secret’. It’s quite popular.”

     
     
    word of the day

    Broligarchy

    A small clique of male tech billionaires who exert outsized political influence. The Collins Dictionary has just added the word, citing the prominent seating of Mark Zuckerberg, Jeff Bezos and Elon Musk at Donald Trump’s inauguration and explaining, “It’s oligarchy with a Silicon Valley twist – and it’s reshaping democracy in real time.”

     
     

     Evening Review was written and edited by Harriet Marsden, Jamie Timson, Rebecca Messina, Irenie Forshaw, Chas Newkey-Burden, Will Barker, David Edwards, Helen Brown, Adrienne Wyper, and Kari Wilkin.

    Image credits, from top: Illustration by Stephen Kelly / Getty Images; Mariana Suarez / AFP / Getty Images; Frederic J. Brown / AFP / Getty Images; Mladen Antonov / AFP / Getty Images; Symonds & Sampson; Inigo; Rettie; Savills; Finest Properties

    Morning Report and Evening Review were named Newsletter of the Year at the Publisher Newsletter Awards 2025
     

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