The United States officially joins the Paris Agreement on fighting climate change on Friday, which was signed in 2015 while Barack Obama was still president.
One of Joe Biden’s first judgments was to reverse Donald Trump’s 2017 decision to terminate the contract.
The new Democratic president is committed to achieving US carbon neutrality by 2050. This means that pollutant emissions are neutralized by natural ecosystems or technical solutions. The European Union has the same goal and welcomes the possibilities of a new partnership.
“We with the recovery fund, and they are with their climate plan, are investing a lot in this work. We can provide guidance to each other and there will be some kind of good competition on climate change technologies, as we heard from John Kerry. Exports will be part of the strategy.” He told Euronews Miyapetra Combula Natari, Finnish Social Democratic Party.
Although China is the largest polluter in the world, with nearly a third of emissions, the United States is second only to fossil fuel extraction and the large agricultural and industrial sector.
Environmentalists want to see more domestic action and make larger economies show more solidarity with countries that have fewer resources.
“We definitely want to see more measures to eliminate investment in fossil fuels, including investment in gas extraction, because we still see a lot of investment in LG terminals. We also want to see a split in global leadership between the US and the European Union,” explains We want to see the transfer of knowledge and technology to less developed countries in the South to support the transition, ”said Jagoda Munic, director of Friends of the Earth Europe non-governmental organization.
President Biden intends to implement a steady climate plan in the form of a $ 2 billion investment to create 10 million jobs in the clean energy sectors. He also promised to reduce methane emissions from oil and gas exploration.
The business sector is a partner in this, as it also facilitates innovation and trade with the European Union.
“For a company to invest as a long-term investment, it must know that the environment is stable, predictable and safe. They can then spend their money on new technologies that not only need companies to reduce their CO2 emissions, but also offer solutions for all sectors of society and other companies to reduce Their carbon footprint Advertise Susan DangerCEO of the European Union of the American Chamber of Commerce.
Closer cooperation between the European Union and the United States could mean renewed commitments by other countries at the United Nations Climate Conference in Glasgow in November.