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22Apr2021 Market Close: Wall Street Finishes Lower Following Reports Of Biden Tax Hike Proposal, DOW Down 321 Points, Nasdaq Down 0.9%, Bitcoin Slides Precipitously To 52400

DOW closes more than 300 points lower after Biden eyes capital gains tax hike (SPY -0.9%). The US is running out of people to vaccinate. Pfizer: People will need 3rd COVID-19 shot, yearly doses.
The Market in Perspective
Here are the headlines moving the markets.
The Future For Oil Producer Romania Looks Bleak
Europes upstream segment has two main challenges environment-related long-term objectives that gradually narrow down oil companies maneuvering ability in terms of where/what they can drill and deficit-ridden governments trying to squeeze as much out of their domestic production as it can get. Whilst most of Western Europe, with its shale drilling bans and forced production phase-outs, gradually started to tilt towards the first variant, Romania is one of the rare examples for the latter option. It would seem that with its ....

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"America's back" in the Paris Agreement. For how long?

On his first day in office, President Joe Biden signed an executive order for the US to rejoin the Paris Agreement. A new US Nationally Determined Contribution (NDC), containing its emission reductions pledge, will be announced as Biden hosts a virtual Climate Leaders’ Summit on Earth Day, 22 April. Newly appointed US Climate Envoy John Kerry has been engaging leaders in a world tour, underlining the emphasis on climate in the Biden administration’s foreign policy priorities.
Around the world, the declaration that “America’s back” in the Paris Agreement was welcomed by civil society and leaders alike. And the move has isolated climate laggards such as Australia, for whom the Trump administration had provided political cover. ....

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US: Include Maternal Health in Climate Change Action

US: Include Maternal Health in Climate Change Action
Pregnant People, Infants, Children Particularly Vulnerable
US President Joe Biden signs a series of executive orders on tackling climate change on January 27, 2021 in Washington, DC. From left, Vice President Kamala Harris, Biden, White House science adviser Dr. Eric Lander, and National Climate Adviser Gina McCarthy.
© 2021 AP Photo/Evan Vucci
(Washington, DC) – The administration of United States President Joe Biden should take concrete action to ensure that the country’s maternal health crisis, dominated by racial inequities, is a central focus of US domestic climate policy, a coalition of 54 organizations said today in a letter to President Biden. ....

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US must cut emissions by at least half

Cai Meng / China Daily
United Nations Secretary-General Antonio Guterres has said that 2021 is a make or break year to confront the global climate emergency. After rejoining the Paris Agreement, the Joe Biden administration must now rise to the climate challenge and commit to an ambitious and achievable 2030 Nationally Determined Contribution of reducing the US greenhouse gas (GHG) emissions at least 50 percent below 2005 levels by 2030 to set the stage for the forthcoming UN Climate Change Conference in Glasgow, Scotland, in November.
The National Resources Defense Council, a nonprofit international environmental group based in the US, has published an analysis, titled The Biden Administration Must Swiftly Commit to Cutting Climate Pollution at least 50 percent by 2030 , which shows that for a fraction of the United States GDP, we can help avert a global climate crisis by building an energy system that creates jobs and drives economic growth, improves public heal ....

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US must cut emissions by at least half

US must cut emissions by at least half
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