The Glasgow Summit will be judged, in part at least, on how it acts as a catalyst not only for greater ambition in emissions reductions, but in ensuring they are being consistently measured
While bonds, crypto, and the dollar largely trod water today, Commodities rose for a record 16th straight day today.
Source: Bloomberg
Source: Bloomberg
After Janet Yellen shit the bed yesterday, today s bounce was barely noticeable (and non-existent in most cases).
The Pentagon and US Space Command are said to be tracking a large Chinese rocket which is set to reenter Earth s atmosphere at some point this coming weekend, likely around May 8th according to the latest DoD statement. Crucially, the concern is that the falling rocket s debris could land on inhabited places and pose a danger to people below, given that it is among the largest ever launces to make an uncontrolled and high speed re-entry into earth s atmosphere.Â
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Biden s Aggressive Emissions Target Could Have A Major Impact On U S Oil oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.
Biden Commits to Reducing GHG by as Much as 52% by 2030 during Two-Day Summit
(Credit: US Nationally Determined Contribution report)
President Joe Biden has set an economy-wide target for reducing the US’s greenhouse gas emissions by 50% to 52% below 2005 levels by 2030, he announced at the virtual Climate Summit today. The National Climate Advisor developed the “nationally determined contribution” (NDC) in consultation with the Special Presidential Envoy for Climate following a “careful process involving analysis and consultation across the United States federal government and with leaders in state, local and tribal governments,” the White House said.
The goal is nearly double that set by the Obama administration in 2015.