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Daily on Energy, Sponsored by the American Petroleum Institute: Labor coalesces on grand bargain with Biden on infrastructure

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THE BARGAIN: Labor groups of all stripes are lining up behind President
Joe Biden’s green infrastructure plans, as long he delivers on his promise to close the job quality gap between renewable energy and fossil fuel-related employment.
At an event with Sen.
Joe Manchin we wrote about in yesterday’s edition, the United Mine Workers of America said it was prepared to accept a transition away from fossil fuels if it came with financial aid for miners who lost their jobs, employment opportunities in renewable energy, and investment in carbon capture technology. ....

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Daily on Energy: China won't be following the Biden timeline for climate pledges

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VAGUE LANGUAGE FROM CHINA: The U.S. and China have set a tone for cooperating on climate change this decade, but Beijing is still holding off on delivering concrete near-term pledges ahead of President
Joe Biden’s big summit event later this week.
The world’s two largest emitters issued a broad but vague statement this past weekend after climate envoy
John Kerry’s last gasp China trip to meet with his counterpart ....

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Daily on Energy: China would half to cut coal carbon emissions in half by 2030 to fulfill pledge

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CHINA’S BIG COAL CHALLENGE: China needs to cut in half its carbon emissions from its coal plants by 2030 in order to achieve its pledge of becoming carbon neutral by 2060, according to new research this morning.
To halve its emissions from coal China must shut, retrofit, or put into reserve 364 gigawatts of coal within 10 years, around a third of its current total,
according to London-based climate data provider TransitionZero. ....

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