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Officials confirm, detail Biden climate pledge to halve US emissions by 2030

State and Federal Policy Roundtable – A Green Administration?
Blog
Blog
Blog
22 Apr, 2021
Author
Zack HaleMolly Christian
U.S. President Joe Biden is hosting a two-day climate summit with world leaders on April 22-23, 2021.
Source: Getty Editorial via Getty Images
The U.S. will commit to reducing economywide greenhouse gas emissions by 50% to 52% from 2005 levels by 2030 as part of its renewed membership in the global Paris Agreement on climate change, senior White House officials announced late April 21.
Biden will formally announce the pledge on April 22 at the start of a two-day White House climate summit attended virtually by dozens of world leaders, including President Xi Jinping of China, Canadian Prime Minister Justin Trudeau, German Chancellor Angela Merkel, Indian Prime Minister Narendra Modi, and European Commission President Ursula von der Leyen. ....

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Biden energy plan boosts renewables outlook, puts oil and gas on notice

U.S. President Joe Biden s American Jobs Plan includes $100 billion in spending on the nation s aging power infrastructure.
Source: Justin Sullivan/Getty Editorial via Getty Images
U.S. President Joe Biden s $2 trillion infrastructure and energy plan would dramatically reshape the nation s energy landscape by offering new tax incentives for clean energy, electric transmission projects, and carbon capture and storage technology.
However, industry experts cautioned that the huge proposal, which Biden envisions financing largely through major changes to the corporate tax code, will likely need to win unanimous Democratic support in the narrowly divided U.S. Senate.
Unveiled March 31 as the American Jobs Plan, it will also need to overcome opposition from the U.S. oil and gas sector, which stands to lose under the plan s heavy emphasis on electric vehicles and charging infrastructure, analysts said. And some former government officials also questioned the wisdom of cre ....

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