U.S. deepens emissions target at climate summit, goal called ‘game changing’

  • Date: 23-Apr-2021
  • Source: Zawya
  • Sector:Economy
  • Country:Gulf
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U.S. deepens emissions target at climate summit, goal called ‘game changing’

British Prime Minister Boris Johnson called the new U.S. goal "game changing" as two other countries made new pledges.Prime Minister Yoshihide Suga raised Japan's target for cutting emissions to 46% by 2030, up from 26%. Environmentalists wanted a pledge of at least 50% while Japan's powerful business lobby has pushed for national policies that favor coal. Canada's Prime Minster Justin Trudeau raised his country's goal to a cut of 40%-45% by 2030 below 2005 levels, up from 30%.The U.S. climate goal also marks an important milestone in Biden's broader plan to decarbonize the U.S. economy entirely by 2050 - an agenda he says can create millions of good-paying jobs but which many Republicans say they fear will damage the economy.The U.S. emissions cuts are expected to come from power plants, automobiles, and other sectors across the economy, but the White House did not set individual targets for those industries. The target nearly doubles former President Barack Obama's pledge of an emissions cut of 26-28% below 2005 levels by 2025. Sector-specific goals will be laid out later this year.CEMENTING CREDIBILITYHow Washington intends to reach its climate goals will be crucial to cementing U.S. credibility on global warming, amid international concerns that America's