are you alarmed? i m concerned and i know president biden is obviously concerned because he s taken the leadership position as bringing america back as a leader on climate change in the global basis and he went to glasgow last year leading the effort to help less developed countries and vulnerable nations be able to adapt, build resilience. he put forward very serious amount of money to help in this transition. the problem is there have is been intervening events, obviously. but also we re fighting the status quo. the president has put forward very bold proposals. he wants a 50-52% reduction in emissions within the united states before 2030. he set us on an extraordinary path of the building of electric vehicles, all electric vehicles
e trade now from morgan stanley. welcome back. as we mark this earth day, the most recent u.n. report on climate change shows countries aren t doing enough. highlights a, quote litany of broken climate promises by governments and corporations, accusing them of clinging to harmful fossil fuels. joining me is president biden s special envoy, for climate, former secretary of state, john kerry. happy earth day. glad to be with you. thank you. this u.n. report, the cochair said if we continue acting as we are now, we re not even going to limit warming to two degrees, never mind 2.5 degrees.
joe manchin is, i think, trying to work with some colleagues to see what can be brought together. so, i still hold out hope that congress can step up and pass critical climate legislation, which i might comment, is not it shouldn t be partisan. really this is a matter of national security. it costs us tens of hundreds of billions of dollars to clean up after the now much more intense storms that we re experiencing, which are coming as a consequence of climate change. and the fact is that we would be much better off and the president knows this and is trying to point this out to congress and others, if we were to eliminate the need to spend all of that money simply to clean up after a storm because we have adequately invested in avoiding the storms in the first place.