Top Posts
Biden sets economy-wide climate target: reducing emissions 66...
What to expect as Republicans try to salvage...
Stock Market Sell Off: Is the Bull Market...
DOGE Caucus leader Joni Ernst eyes relocation out...
House GOP campaign chair makes prediction for 2026...
House GOP leaders scramble for Plan B after...
The Big Divergence in Bullish Percents
Senator says RFK Jr told him he agrees...
Massie drops colorful analogy opposing foreign aid, mocks...
New national poll reveals approval ratings for Biden,...
Major Gross Profit – Investing and Stock News
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick
Politics

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

by December 19, 2024
December 19, 2024

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
previous post
Stock Market Sell Off: Is the Bull Market Over?

related articles

What to expect as Republicans try to salvage...

December 19, 2024

House GOP campaign chair makes prediction for 2026...

December 19, 2024

DOGE Caucus leader Joni Ernst eyes relocation out...

December 19, 2024

House GOP leaders scramble for Plan B after...

December 19, 2024

Senator says RFK Jr told him he agrees...

December 18, 2024

New national poll reveals approval ratings for Biden,...

December 18, 2024

Massie drops colorful analogy opposing foreign aid, mocks...

December 18, 2024

Trump names Herschel Walker, Nicole McGraw to ambassador...

December 18, 2024

Lawmakers eye ‘low hanging fruit’ for government efficiency...

December 18, 2024

Farm state Republicans appear skeptical about RFK amid...

December 18, 2024
Join The Exclusive Subscription Today And Get Premium Articles For Free

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Recent Posts

  • Biden sets economy-wide climate target: reducing emissions 66 percent in 2035 from 2005 levels
  • What to expect as Republicans try to salvage spending package, avoid government shutdown
  • Stock Market Sell Off: Is the Bull Market Over?
  • DOGE Caucus leader Joni Ernst eyes relocation out of DC for third of federal workers
  • House GOP campaign chair makes prediction for 2026 midterms: ‘Going to be on offense’

Editor’s Pick

Stock Market Sell Off: Is the Bull Market...

December 19, 2024

The Big Divergence in Bullish Percents

December 18, 2024

Brazil’s Nubank invests $150 million in Tyme Group...

December 17, 2024

Elon Musk’s net worth soars $184B after Donald...

December 17, 2024

Fears grow over energy transition as solar power...

December 17, 2024
Footer Logo
  • Email Whitelisting
  • Terms and Conditions
  • Privacy Policy
  • Contacts
  • About us

Copyright © 2024 MajorGrossProfit.com All Rights Reserved.

Major Gross Profit – Investing and Stock News
  • World News
  • Politics
  • Investing
  • Stock
  • Editor’s Pick