Publishing date: Apr 09, 2021 • 3 hours ago • 3 minute read •
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(Bloomberg) An ambitious pledge to cut greenhouse-gas emissions under consideration by the U.S. gives President Joe Biden more leverage when he hosts leaders for a climate change summit later this month presenting a particular challenge to China’s Xi Jinping.
The White House may commit to emissions cuts of 50% or more from 2005 levels by 2030, Bloomberg reported this week. Officials are looking at opportunities across the federal government on standard-setting, clean energy investments and resilient infrastructure plans, according to people familiar with the deliberations.
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