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4/22, 12:13 PM (Source: TeleTrader)
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Biden to reveal plan to cut emissions by 50% by 2030

The White House stated on Thursday that United States President Joe Biden will set a goal to achieve a 50-52% reduction in greenhouse gas pollution by 2030. The decision will be officially announced at the Leaders Summit on Climate later in the day.

"The announcement is part of the President’s focus on building back better in a way that will create millions of good-paying, union jobs, ensure economic competitiveness, advance environmental justice, and improve the health and security of communities across America," the White House said. "America's 2030 target picks up the pace of emissions reductions in the United States, compared to historical levels, while supporting President Biden's existing goals to create a carbon pollution-free power sector by 2035 and net zero emissions economy by no later than 2050."

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