White House presents strategy for goal of net zero by 2050

The United States revealed early Monday its strategy to achieve “net zero” greenhouse gas emissions by 2050, according to which the country would try to eliminate or offset all its climate pollution.

Biden repeatedly expressed his desire to put the country on the path to net zero by 2050 in the election campaign and since taking office. The new report sets out a more specific political path to get there.

“Our investments and policies will boost our economy, strengthen the fabric of our society and improve the quality of life”, National Climate Advisor. Gina mccarthyGina McCarthyOvernight Energy & Environment – Presented by ExxonMobil – Biden Administration Discusses Obama Climate Finance Roadmap to Attend Glasgow Climate Summit White House Develops Climate Finance Strategy MORE he told reporters on Sunday.

The strategy comes at the start of the COP26 global climate conference, where world leaders are gathering in a bid to advance global climate action.

Biden’s plan involves switching to clean energy sources for electricity generation; make many parts of the economy run on electricity, including cars, buildings, and industrial processes; increase energy efficiency and expand the use of technology that removes carbon dioxide from the atmosphere.

The shift to clean electricity goes hand in hand with the policy of shifting parts of the economy to electric power, as cleaner electricity would mean deeper emissions cuts as cars, buildings and industrial processes shift. towards electrical energy.

The report projects that by 2050, electricity could provide 15 to 42 percent of primary energy.

The administration has already expressed its desire to carry out many of these goals, including switching to clean energy sources, but a bitterly divided Congress has presented an obstacle to that goal.

Opposition of Sen. Joe manchinJoe Manchin Progressives fear compromise could jeopardize midterm hopes Sunday shows progress: Frustration mounts as infrastructure talks hit a setback Democrats could pass infrastructure and spending bills by Tuesday PLUS (DW.Va.) blocked the inclusion of a key program in a Congressional spending bill, which would have provided incentives and penalties to push energy providers toward clean sources of electricity.

But, the new report still doubles down on Biden’s promise to phase out energy sector emissions by 2035.

It outlines additional policies such as incentives and standards to reduce pollution from power plants, use nuclear energy and technology to capture emissions when fossil fuels are burned in power plants, and investments in battery technologies that store renewable energy.

To achieve its additional goals, the report promotes policies such as adopting “climate-smart” agricultural practices and addressing emissions of a powerful greenhouse gas called methane through “strict” standards for oil and gas production and investments to plug leaks. of coal, oil and gas. extraction.

A fact sheet released by the White House on Monday separately highlighted additional actions the Biden administration is taking against climate change, including a program called PREPARE to help vulnerable countries adapt to the climate.

Under this program, the administration would seek $ 3 billion in annual funding beginning in fiscal year 2024.

Broadly speaking, its goal is to increase global understanding of climate risks and vulnerabilities, help countries and communities at risk to plan for climate change in their decision-making, and mobilize private capital to finance adaptation measures.



Reference-thehill.com

Related Posts

Leave a Reply

Your email address will not be published. Required fields are marked *