By Bloomberg News (Bloomberg) —
Day two of President Joe Biden’s international climate summit concluded on Friday. Biden pledged during the first day of the virtual event to slash U.S. greenhouse gas emissions in half by the end of the decade, part of a plan to bring the U.S. back into the global fight against climate change.
Day two focused on innovation and the economic opportunity in fighting climate change. This is designed to refute skepticism from some blue-collar workers and labor leaders. While renewable energy jobs are growing at a fast clip, labor groups say they pay less than fossil-fuel positions and that companies have opposed unionization.