Save time by listening to our audio articles as you multitaskAll this was to be accomplished by spending hundreds of billions of dollars on tax credits and subsidies for clean energy and electric vehicles; creating the first national clean-electricity standard; mobilising Americans to retrofit homes; and creating ato employ thousands of people in conservation work. But as the negotiations dragged on over months, those ambitions steadily diminished.
Still, some Democratic bungling was also to blame. In July 2021 Mr Manchin and Mr Schumer signed a deal to devise a scaled-down version ofthat would have limited spending to $1.5trn. But by the autumn Mr Schumer had got behind a more maximalist iteration of that deal. The West Virginian pulled out. Inflation, a bugbear of Mr Manchin’s, was rising and the president’s approval rating was slipping.
The costs to the environment look significant. To hit the 50% reduction target by 2030, America would need to cut emissions to below 4.2bn metric tonnes of carbon-dioxide equivalent . Modelling by theProject, a research outfit at Princeton University, shows by how much the country might now overshoot that. Without any change to its current policies, it finds that America will exceed the target by 32% in 2030, emitting an additional 1.3bn tonnes that year .
So far, environmental agencies run by Mr Biden’s appointees have held off on issuing the most demanding rules. This may have been from fear of upsetting Mr Manchin while legislative negotiations were ongoing. Now there is little holding the president back. In a speech delivered in a former coal plant in Massachusetts on July 20th, Mr Biden pledged to use his executive powers to combat the climate crisis, which he called a “clear and present danger”.
Elect Trump and it's the last election of a President of the United States for a generation at least. It only took 15 years in Germany, but, they had a 'little help'.
And how is Germany’s climate policy going? Better still, how is Germany’s energy policy working out?
Even NASA data can’t sway the pampered narcissists at the Economist from their superstition. CO2 is not driving the warming. Increased absorbed solar radiation is. The self-flagellation is for naught.
It's really beyond my logical understanding how people can choose to ignore simple scientific facts and choose to blindly believe that it will just go away miraculously! I don't care that these individuals choose to suicide themselves and their family but I do care about mine.
Good
It is the Lefties spreading terror and caos around the world to archive their goals
Thanks China and India
Oh what a surprise. U didnt think big oil and gas corps would go quietly😪
From your lips to God's ears. Thank the heavens for a system that protects its citizens from one another.
Weep, bug eaters
Good
A Republican presidential victory in 2024 would doom it for good. Stop pretending that there is anything good about the majority of the GOP. The FourthEstate needs to take off the gloves. Otherwise, you'll go down with the rest of us--maybe first.
Americans care more about the fact we have 50k migrants flooding our country every month under Biden. More people = more problems = more inflation = more stress on the financial system and way of life. Nobody cares about there go green fantasies, the GRID cannot handle it anyways
can we talk about to present disaster brandon has left us with? fentanyl/illegal immigration etc
The whole concept of “climate policy” is in tatters; and unscientific.
Great news!
Finally, some good news
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