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The decision comes as Biden shores up his liberal base in an election rematch against likely Republican candidate Donald Trump, who called global warming a “hoax” and vowed to torpedo his Democratic opponent’s climate agenda.
US halts new natural gas export facilities, citing climate crisis
WASHINGTON (December 15, 2023) – Today the U.S. Treasury Department released new guidance for so-called “sustainable aviation fuel” (SAF) tax credits that could allow jet fuel made from corn ethanol or vegetable oils to qualify for generous subsidies. The Inflation Reduction Act (IRA) created a tax credit for sustainable aviation fuels (SAF) that reduce emissions by at least 50%. This tax credit is intended to help the aviation industry meet its decarbonization goals.
Beginning on Thursday, world leaders, climate negotiators, activists, corporations and lobbyists will gather in Dubai for the COP28 global climate summit. The annual United Nations conference serves both as a forum for nations to highlight progress and make announcements in the fight against climate change and as the stage for formal negotiations for global agreements on key climate issues. This year,…
President Biden is reportedly skipping a global climate change summit for the first time in his presidency. Not attending the conference, which is set to begin later this week, would mark a significant snub by a president who has vowed to fight global warming. Yet some experts say his absence is unlikely to actually impact the conference’s…