The United States has vowed to cut carbon emissions in half by the end of the last decade, as President Joe Biden promised that the new goals would help create jobs and keep the United States competitive.
Canada, Japan and South Korea also undertook new climate change initiatives in Biden 2-day Virtual Environment SummitThe United States because it was trying to persuade to reduce emissions to more countries, world leaders of 40 people, including Xi Jinping Jintao of China was involved.
Xi has promised to “gradually reduce” coal consumption in the five years from 2025, when Chinese leaders first vowed to reduce coal consumption.
However, a late-night press conference by Beijing authorities after Mr. Nishi’s speech pointed out that this could increase China’s coal consumption until 2026.
China’s Deputy Secretary-General for National Planning, Su Wei, said coal is still needed to ensure a stable supply of electricity. “We need coal-fired power for a period of time because we need a stable source of electricity and we have no other choice,” he said to supplement the unstable renewable energy sources.
US-led summit on Earth Day, just three months after US Rejoined the Paris Climate Change AgreementIs an attempt to reestablish US leadership on issues that were a central priority of the Biden administration.
“We will attend this summit and each of us in each country will discuss how to set higher climate ambitions, which in turn will create high-paying jobs,” Biden told the gathered leaders. It was. “We have no choice. We have to accomplish this.”
Biden said the UN COP26 Climate Summit in Glasgow in November is essential to address the “existential crisis of our time.”
According to Climate Action Tracker calculations, the new US goal is to reduce annual carbon dioxide emissions by 1.5-2.4 billion tonnes by 2030 compared to its current trajectory.
According to the International Energy Agency, the world’s annual carbon emissions will reach about 33 billion tons this year.
South Korea promised to suspend funding for overseas coal projects requested by US climate envoy John Kerry during his visit last weekend.
Japan’s Prime Minister Yoshihide Suga said his country would cut emissions by 46 percent by the end of the last decade compared to 2013 levels.
But Swedish climate activist Greta Thunberg said the goal was “very inadequate” and full of loopholes.
“Let’s call their bullshit,” said 18-year-old Toonberg. Video published on Twitter On the same day as Biden’s summit. “We are not so naive, so we believe that something will be solved by countries and companies that have vague and distant goals.”
Global temperatures have risen by more than 1 ° C since 1850, and the UN COP26 Climate Summit later this year puts the world on track to limit warming to the target set by the Paris Climate Agreement of 1.5 ° C. I will try.
So far, the promises made under the 2015 Paris Agreement approved by 197 countries, including the new goals announced at the summit, are not necessary to reach the 1.5C goal. It’s far away.
The UK, which hosts COP26, has urged other developed countries to fund more of Glasgow’s key issue, climate change financing.
For a successful summit, “the wealthiest nations need to come together and exceed the commitment they have already made for $ 100 billion. [in annual climate finance]”British Prime Minister Boris Johnson said.
Johnson offered some important moments at the summit, saying that the fight against climate change is not just a “bunny hug”, but an opportunity to really create jobs.
The prime minister also advertised the UK’s record of expanding the economy while reducing emissions. “Cake, take, eat, my message to you,” he said.
Additional Report by Ed White and James Polity
Where climate change meets business, markets and politics. Check FT coverage here
Follow @ftclimate on Instagram
Biden is accelerating climate change with new U.S. emissions targets
Source link Biden is accelerating climate change with new U.S. emissions targets