{"id":104734,"date":"2021-01-22T10:06:40","date_gmt":"2021-01-22T10:06:40","guid":{"rendered":"https:\/\/fin2me.com\/?p=104734"},"modified":"2021-01-22T10:06:40","modified_gmt":"2021-01-22T10:06:40","slug":"biden-unveils-sweeping-climate-plan-moves-to-rejoin-paris-pact","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/biden-unveils-sweeping-climate-plan-moves-to-rejoin-paris-pact\/","title":{"rendered":"Biden Unveils Sweeping Climate Plan, Moves to Rejoin Paris Pact"},"content":{"rendered":"<p>Joe Biden will unveil sweeping action to combat climate change hours after becoming president, moving to rejoin the Paris accord and imposing a moratorium on oil leasing in the Arctic National Wildlife Refuge.<\/p>\n<p>Environmentalists said Biden\u2019s actions &#8212; some of which could take years to be implemented &#8212; will renew the U.S. commitment to safeguarding the environment and signal to the world that America has returned to the global fight against climate change.<\/p>\n<p><\/path><\/g><\/svg> $69.\u200b9B  Renewable power investment worldwide in Q2 2020  <svg viewBox=\"0 3 100 47\"><\/p>\n<p><\/path><g class=\"marker svelte-xiruid\" transform=\"translate(69.13025193107656,15.638924777010443)\"><\/p>\n<p><\/path><\/g><\/svg> <span>Bishkek, Kyrgyzstan<\/span>Most polluted air today, in sensor range    <svg width=\"100%\" viewBox=\"0 0 400 100\" preserveAspectRatio=\"xMinYMid\" class=\"svelte-1agbo4c\"><defs><marker id=\"circle\" viewBox=\"0 0 3 3\" refX=\"1.5\" refY=\"1.5\" markerWidth=\"3\" markerHeight=\"3\" orient=\"auto-start-reverse\"><circle fill=\"currentColor\" cx=\"1.5\" cy=\"1.5\" r=\"1.5\"><\/circle><\/marker><\/defs><g transform=\"translate(2, 4)\"><\/p>\n<p><\/path><\/g><\/svg> 50,\u200b820  Million metric tons of greenhouse emissions, most recent annual data 43% Carbon-free net power in the U.S., most recent data   <\/p>\n<p>            <script class=\"params\" type=\"application\/json\">{\"contentId\":\"QN6ZW2DWX2PT01\",\"position\":\"greensponsoredby\",\"dimensions\":{\"small_desktop\":[[190,31]],\"large_desktop\":[[190,31]],\"tablet\":[[190,31]],\"mobile\":[[190,31]]},\"positionIncrement\":2,\"targeting\":{\"position\":\"greensponsoredby2\",\"positionIncrement\":2,\"url\":\"\/news\/articles\/2021-01-20\/biden-unveils-sweeping-climate-plan-moves-to-rejoin-paris-pact\"},\"containerId\":\"greensponsoredby-YbXgvgH\"}<\/script><\/p>\n<p>The moves mark a dramatic rebuke of President Donald Trump\u2019s pro-industry approach to energy and the environment.<\/p>\n<p>On Paris alone, Biden is directly reversing Trump\u2019s decision to yank the U.S. from the accord. Trump labeled the pact \u201ca total disaster\u201d that would harm American competitiveness by enabling \u201ca giant transfer of American wealth to foreign nations that are responsible for most of the world\u2019s pollution.\u201d<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/media.sailthru.com\/4wm\/1k4\/c\/2\/5fc7b5e2f2004.jpg\"><\/p>\n<p>Biden will notify the <meta itemprop=\"security\" content=\"8243133Z US Equity\"><meta itemprop=\"type\" content=\"SecurityLink\">United Nations the U.S. is rejoining the Paris climate agreement before day\u2019s end, with the re-entry set to take effect 30 days later, according to briefing materials from the Biden transition.<\/p>\n<p>\u201cWhile we are grateful for this action, we also know this is only the start. We need our country to be fully powered by clean energy, and we must do it quickly and thoroughly,\u201d said Andrea McGimsey, senior director for Environment America\u2019s Global Warming Solutions campaign. \u201cThe days of dirty, fossil fuel-burning, 19th Century technology must be numbered in order to reach a cleaner tomorrow.\u201d<\/p>\n<p>Biden announced a breathtaking array of policies would be reviewed, from automobile standards and appliance efficiency requirements eased under Trump to narrowed boundaries of national monuments in the western U.S.<\/p>\n<p>In an executive order Wednesday, Biden will direct agencies to review and address Trump-era policies \u201cthat were harmful to public health, damaging to the environment, unsupported by the best available science or otherwise not in the national interest,\u201d according to a transition fact sheet.<\/p>\n<p>Biden will also direct federal agencies to reconsider other Trump-era policies, including measures governing seismic oil surveys in the Gulf of Mexico, allowing roads to be built through Alaska\u2019s Tongass National Forest and dialing back efficiency standards for appliances. Another target: a Trump rule narrowing the scope of government agency reviews of how their decisions affect the environment.<\/p>\n<p>Other actions the Biden transition announced:<\/p>\n<ul>\n<li>Directing the <meta itemprop=\"security\" content=\"0219210Z US Equity\"><meta itemprop=\"type\" content=\"SecurityLink\">Environmental Protection Agency and Transportation Department to consider revising automobile fuel-economy and tailpipe emissions standards that were relaxed under Trump.<\/li>\n<li>Ordering the Interior Department to review monument boundaries shrunk during the Trump administration, including Utah\u2019s Bears Ears National Monument, which was pared to about 220,000 acres from its original 1.4-million-acre footprint.<\/li>\n<li>Halting the cross-border Keystone XL oil pipeline by revoking the permit Trump awarded.<\/li>\n<\/ul>\n<p>Like other Democrats on the campaign trail, Biden <meta itemprop=\"suid\" content=\"QHGARET0G1L4\"><meta itemprop=\"type\" content=\"StoryLink\">made no secret of his plans to restore the U.S. as a member of the 2015 accord and recommit the country to slashing greenhouse gas emissions. Still, environmentalists said his Day One move is essential to helping encourage greater global action to arrest the climate threat.<\/p>\n<p>Under former President Barack Obama, the U.S. was a driving force behind the formation of the landmark Paris agreement. Now, the Biden administration can play a critical role setting more aggressive U.S. emissions-reductions targets and encouraging other countries to follow suit.<\/p>\n<p>\u201cInternationally there will be a expectation that the U.S. brings forward a new, ambitious target under the Paris agreement,\u201d said David Waskow, director of the <meta itemprop=\"security\" content=\"0321382Z US Equity\"><meta itemprop=\"type\" content=\"SecurityLink\">World Resources Institute\u2019s international climate initiative. \u201cInternationally, it\u2019s an important way of making clear the U.S. is going to take care of business at home.\u201d<\/p>\n<p>Under the Paris agreement, some 195 member countries set their own voluntary emissions-reduction targets, with the goal of keeping global temperature rise to below 2 degrees Celsius compared with pre-industrial levels. Under Obama, the U.S. had pledged to curb greenhouse gas emissions by 26%-28% below 2005 levels by 2025.<\/p>\n<p>The World Resources Institute and other environmental groups have advocated a U.S. commitment to cutting greenhouse gas emissions by as much as 50% over the next decade. Achieving that would require a broad mix of domestic climate action, including more zero-emissions vehicles and rapid shifts in how the U.S. generates its electricity, with roughly <meta itemprop=\"type\" content=\"WebLink\">38% currently provided by natural gas.<\/p>\n<p>Some activists are <meta itemprop=\"type\" content=\"WebLink\">pushing even more rapid reductions before 2030. The U.S. Climate Action Network has advocated the U.S. cut its \u201cfair share\u201d of emissions by paring them 70% below 2005 levels by 2030 while helping developing countries stifle greenhouse gases too. The U.S. has an obligation to make reductions in line with its \u201chistorical responsibility for fueling the climate crisis,\u201d said U.S. Climate Campaign Director Sriram Madhusoodanan.<\/p>\n<p>Rejoining the Paris agreement \u201cmust be followed by bold and aggressive commitments and actions to both drastically cut U.S. emissions and help finance a just and equitable transition away from fossil fuels in parts of the world least responsible for the climate crisis,\u201d Madhusoodanan said.<\/p>\n<p>Those other efforts will take more time &#8212; and be more challenging. While Biden could put the U.S. back in the Paris agreement with the stroke of a pen, other actions will require help from <meta itemprop=\"security\" content=\"0248133Z US Equity\"><meta itemprop=\"type\" content=\"SecurityLink\">Congress or lengthy rule-rewriting by his federal agencies.<\/p>\n<p>The U.S. has some work to do rebuilding trust, WRI\u2019s Waskow said.<\/p>\n<p>\u201cThe U.S. has to come back the international stage with some humility,\u201d Waskow said. The U.S. needs to \u201cunderstand that its been out of the mix for the past four years and throwing obstacles in the path of progress.\u201d<\/p>\n<p><meta itemprop=\"suid\" content=\"QN6OM1DWX2PX\"><meta itemprop=\"type\" content=\"StoryLink\">What Biden\u2019s Presidency Means for Paris Climate Pact: QuickTake<\/p>\n<p>Source: <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-01-20\/biden-unveils-sweeping-climate-plan-moves-to-rejoin-paris-pact?srnd=premium\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Joe Biden will unveil sweeping action to combat climate change hours after becoming president, moving to rejoin the Paris accord and imposing a moratorium on [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":104733,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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