US and UK Stand Ready to Partner with Thailand to Achieve its Climate Objectives English
From:
29 April 2021
At the Summit, the United States announced it will target reducing emissions by 50-52%, compared to 2005 levels, by 2030.
Countries accounting for half of the world’s economy stepped forward to reduce emissions enough to keep a target of warming by 1.5 degrees Celsius within reach
The UK announced a very ambitious climate change target, aiming to slash emissions by 78%, compared to 1990 levels, by 2035.
Thailand’s Minister of Natural Resources and Environment announced the country’s first Climate Change Bill and adoption of the Bio-Circular-Green- Economy Model as Thailand’s steps to reduce emissions.
WASHINGTON (April 28, 2021) President Joe Biden will address his first joint session of Congress today at 9:00pm EDT. The speech is expected to highlight accomplishments of the administration’s first 100 days and call on Congress to take up the President’s recent proposals, including the American Jobs Plan.
The speech comes one week after President Biden hosted the Leaders Climate Summit and set a bold target to reduce U.S. greenhouse gas emissions 50-52% by 2030 (from 2005 levels).
“Tonight, President Biden will explain to the American people why ambitious climate action will put the country on a stronger and more equitable path. The next step will be for Congress to pass the American Jobs Plan and unlock the funding needed to turn this vision into reality. The window of opportunity is short, but bold climate action can unleash significant benefits.
DEEPER DIVE: BREAKING DOWN EACH LEVER AS WELL AS ITS OPPORTUNITIES AND CHALLENGES
Tax Policy: The consistent message from the Biden Administration, at the Summit and elsewhere, makes clear that tax policy will likely play a significant role in the administration’s ambitious climate agenda. At this time, the administration is mostly speaking in terms of high-level policy proposals. Meanwhile, members of Congress have introduced specific bills with renewable energy tax policies giving the public an idea of where we will see legislative priorities. Energy tax policy could lead climate action for a couple of key reasons. First, the use of tax incentives has been an effective tool over the past four decades to move the renewable energy industry forward and could continue to offer important incentives today. Second, and equally as important, because of the congressional reconciliation process, the administration’s proposed tax incentives and expenditures will have a decent chance of e
27 April 2021
One of the more insidious claims at last week’s ‘Leaders Climate Summit’ coming from Australia’s leadership – namely, the Prime Minister Scott Morrison and Energy and Emissions Reductions Minister Angus Taylor – is that Australia has been a global leader in climate action, and particularly for renewable energy.
“We are deploying renewable energy ten times faster than the global average per person. We have the highest uptake of rooftop solar in the world”.
In some senses, it is true. Australia really does have the world’s highest per-capita installations of solar PV, by capacity. The rate of renewable energy growth is uniquely high, though “ten times faster than the global average per person” is hard to verify.