White House official "re-write climate check": Biden will announce the largest climate investment in history at COP26

Published: Nov 02, 2021 08:10 (GMT+8)

According to reports, White House climate change adviser Gina McCarthy said that although the current U.S. policy on reducing emissions is still uncertain, President Joe Biden will assure world leaders that the United States can fulfill its commitment to reduce greenhouse gas emissions by more than half by 2030.

On Monday, Biden and more than 100 world leaders will attend the 26th session of the Conference of the parties to the United Nations Framework Convention on Climate change (COP26) in Glasgow. "in Glasgow, Biden will reaffirm the commitment of the United States to act quickly and decisively, including through a budget framework for rebuilding a better future," McCarthy told reporters.

McCarthy also revealed that Biden would announce a long-term strategy on Monday on how the United States would achieve its long-term goal of net zero emissions by 2050 and that he would work with Congress to launch a $3 billion program in 2024 to help developing countries adapt to and manage the effects of climate change.

The summit of leaders of the Group of 20 leading nations ended in Rome, Italy, on Sunday (October 31). The outcome of the meeting was clearly disappointing: the communiqu é only mentioned the goal of achieving net zero carbon emissions by the middle of the century, without a specific date, and deleted the 2050 deadline set in the final statement of the previous version. make the goal less specific.

Go to the meeting empty-handed

Last Thursday, Biden announced a $1.75 trillion spending plan to "rebuild a better future," including $555 billion for clean energy and climate projects. "this is the largest investment in US history to deal with the climate crisis and will reduce our emissions by well over 1 billion tons by 2030," McCarthy stressed.

Biden envisioned that the spending framework would be passed by Congress before the G20 summit and signed into law before departure or on the way to Rome, highlighting the US's determination to cut emissions and persuading other countries to make green commitments.

As a result, however, the spending plan framework has caused multilateral discontent within the Democratic Party, moderate people are sceptical about the financing tax law, and progressives are aggrieved at the cut projects. In the end, Biden had to attend the G20 summit and the COP26 "empty-handed".

Biden said on Sunday that his spending bill to "rebuild a better future" will be voted on within this week. But the House of Representatives has not yet confirmed a date for voting on the bill.

In addition, the U.S. Supreme Court announced on Friday night that it would review the power of the National Environmental Protection Agency ((EPA)) to regulate greenhouse gas emissions, which is thought to affect the achievement of the United States' climate targets. In response, McCarthy said: "We believe that the Supreme Court will confirm the facts before them that EPA has not only the right but also the duty to protect our families and communities from pollution."

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