Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

Politics

Biden sets economy-wide climate target: reducing emissions 66 percent in 2035 from 2005 levels

by December 19, 2024
December 19, 2024
Biden sets economy-wide climate target: reducing emissions 66 percent 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
0
FacebookTwitterGoogle +Pinterest
previous post
Two arrested after Google Maps image provides clue in missing persons case
next post
Pelicot mass rape trial ends with 51 guilty verdicts – and fears justice hasn’t been served

You may also like

Mike Pence aims to be ‘constructive force’ during...

February 18, 2025

LIZ PEEK: The gigantic slush fund inside the...

February 25, 2025

McCarthy’s ‘final struggles’ threaten to haunt Johnson’s government...

September 4, 2024

Trump says Zelenskyy wants to back out of...

March 31, 2025

Acting FBI Director Paul Abbate retires just minutes...

January 20, 2025

Schumer refuses to step down as Senate Dem...

March 23, 2025

Trump is ‘getting ready’ for debate by ramping...

September 3, 2024

DOGE staffing shakeup as Elon Musk hangs up...

May 29, 2025

Trump proclaims that ‘wokeness is dead,’ calls to...

March 5, 2025

‘Half a dozen’ more states to ban soda,...

May 23, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • Senate Republicans eye changes to Trump’s megabill after House win

      June 1, 2025
    • Trump shares post saying Biden was executed, replaced with clones

      June 1, 2025
    • House Dems’ campaign chair says her party’s ‘on offense’ in 2026 battle to win back majority from GOP

      June 1, 2025
    • Athletes, coaches and officials among 22 killed in road accident in northern Nigeria

      June 1, 2025
    • How a Trump-fueled brain drain could be the rest of the world’s brain gain

      June 1, 2025
    • At least 26 Palestinians killed after Israeli forces open fire near Gaza aid distribution center: Red Crescent

      June 1, 2025

    Categories

    • Business (649)
    • Investing (661)
    • Politics (4,296)
    • World News (2,898)
    • Terms & Conditions
    • Privacy Policy
    • Contact us
    • About us

    Disclaimer: WhaleLargeCapital.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 WhaleLargeCapital.com | All Rights Reserved