Biden Seeks Major Spending Boost for Global Climate Efforts
More than $11 billion would go toward international initiatives such as the Green Climate Fund
Source: scientificamerican.com
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More than $11 billion would go toward international initiatives such as the Green Climate Fund
U.S. LNG shipments to Europe have doubled in recent months, but facilities are at capacity.
European countries have a choice between more fossil fuel reliance and climate action.
A $1.5 trillion spending bill carves out roughly $1 billion for international climate finance — far below the $2.5 billion President Biden had requested.
A European Union proposal aims to end Russian gas and oil imports by 2030 by ramping up renewables and increasing energy efficiency