• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Biden sets economy-wide climate target: Reducing emissions 66% in 2035 from 2005 levels

by December 19, 2024
written by 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
0 comment
0
FacebookTwitterPinterestEmail

previous post
Biden sets economy-wide climate target: reducing emissions 66 percent in 2035 from 2005 levels
next post
Rand Paul suggests replacing Mike Johnson with Elon Musk as Speaker of the House

related articles

Networks can’t find any blame for the left...

September 13, 2025

Kash Patel’s false start on Charlie Kirk killer...

September 13, 2025

Karine Jean-Pierre says Biden health talking points were...

September 12, 2025

Flashlight, rifle, backpacks: Prosecutors outline Ryan Routh’s alleged...

September 12, 2025

‘This is on all of us’: Lawmakers take...

September 12, 2025

Top conservative speakers vow they ‘will not be...

September 12, 2025

Engravings on shooter’s ammo exposes Charlie Kirk assassination...

September 12, 2025

Karine Jean-Pierre arrives for House Oversight grilling in...

September 12, 2025

Rubio warns Brazil of US response after Bolsonaro’s...

September 12, 2025

Secret Service agent details ‘textbook ambush,’ bizarre self-representation...

September 11, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


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!

Latest News

  • Vulnerable House Dem’s campaign makes stunning admission on potential Harris endorsement: ‘Clear statement’

    July 26, 2024
  • SafeMoon and Litecoin: Litecoin is still in a bearish trend

    August 22, 2024
  • US stocks slip in the red on Monday: Dow down 100 points, S&P drops 0.5%

    May 19, 2025
  • House votes for rules to make ousting a speaker more difficult

    January 4, 2025
  • What’s next for DOGE after Elon Musk’s departure? ‘Only just begun’

    May 29, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,009)
  • Investing (634)
  • Stock (924)

Latest Posts

  • MAHA caucus member pledges hearings into ‘corruption’ of a public health sector ‘captured by Big Pharma’

    February 20, 2025
  • Trump says he respects Supreme Court’s decision to deny his request to stop sentencing, vows to appeal

    January 10, 2025
  • Circuit court puts final nail in the coffin for Biden’s $500M student loan forgiveness plan

    February 18, 2025

Recent Posts

  • I worked for the most successful third party in decades. Elon Musk has a lot to learn from it

    July 10, 2025
  • S&P 500 and Nasdaq in retreat to new weekly lows

    July 19, 2024
  • S&P 500 and Nasdaq: Another all-time high for S&P 500

    September 27, 2024

Editor’s Pick

  • Trump won’t wait for Senate confirmations to shake up State Department: source

    January 17, 2025
  • Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

    September 4, 2025
  • Silver gains 1.6% as geopolitical tensions intensify over Ukraine-Russia conflict

    August 12, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock