Connect with us

Hi, what are you looking for?

Politics

Biden sets economy-wide climate target: Reducing emissions 66% in 2035 from 2005 levels

President Biden announced an audacious goal for America to reduce its carbon emissions by two thirds with barely weeks left in his administration.

Biden’s White House announced the new goal in a public statement. It calls for the U.S. to massively reduce its carbon emissions by 2035, invoking the Paris Agreement.

‘Today, as the United States continues to accelerate the transition to a clean energy economy, President Biden is announcing a new climate target for the United States: a 61-66 percent reduction in 2035 from 2005 levels in economy-wide net greenhouse gas emissions,’ the White House wrote.

‘It keeps the United States on a straight line or steeper path to achieve net-zero greenhouse gas emissions, economy-wide, by no later than 2050. In connection with this announcement, the United States is making a formal submission of this new target to the United Nations Climate Change secretariat as its next NDC under the Paris Agreement,’ the statement continued.

President-elect Trump withdrew the U.S. from the Paris Agreement soon after entering office in his first term. Biden then re-entered the U.S. into the treaty. Trump has not said whether he plans to once again remove the U.S. from the plan, which calls on global powers to self-impose climate reforms.

Trump reportedly plans to install an ‘energy czar’ to scale back energy and climate regulations implemented under the Biden administration.

Six sources familiar with Trump’s transition team told the New York Times last month that a series of executive orders and presidential proclamations have been drafted related to climate and energy, aimed at rolling back Biden-era clean energy regulations that some critics argue have hurt the economy. 

Other plans Trump and his transition team are reportedly discussing include installing an ‘energy czar’ to help cut regulations on domestic energy production and potentially moving the Environmental Protection Agency’s (EPA) headquarters outside of Washington, D.C.

‘The American people re-elected President Trump by a resounding margin giving him a mandate to implement the promises he made on the campaign trail,’ Trump-Vance transition spokeswoman Karoline Leavitt told Fox News Digital when asked to confirm the details about Trump’s reported plans. ‘He will deliver.’

Fox News’ Alec Schemmel contributed to this report.

This post appeared first on FOX NEWS

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    You May Also Like

    Sports

    Dennis Rodman has responded after being called out by his daughter, U.S. women’s national team star Trinity Rodman, for not being enough of a presence...

    Sports

    The Texans are already dealing with their fair share of injuries at receiver this season, but added another unfortunate one on Saturday. While the...

    Politics

    President-elect Trump dropped his latest round of nominations Saturday afternoon, including two picks to help lead the Department of Justice (DOJ) and one to...

    Sports

    The 20 years of estrangement between the Chicago Cubs and Sammy Sosa was wrong. It was petty, malicious and really made no sense. Under...

    Disclaimer: plannprofit.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 plannprofit.com | All Rights Reserved