Biden’s net-zero power play
US sets out bold new emissions commitments ahead of Cop26
President Joe Biden has placed much of the burden of US emissions reductions in the energy transition firmly at the door of power generation with a commitment to make the sector carbon-neutral by 2035. The headline economy-wide target is to cut net greenhouse gas emissions by 50-52pc below 2005 levels by 2030. The goal, confirmed during a Biden-hosted climate summit last week, is written into the new US Nationally Determined Contribution (NDC) towards the Paris Agreement outlined ahead of Cop26 talks in Glasgow later this year. 50-52pc – US economy-wide target for emissions to fall by 2030 compared with 2005 “That target is challenging in the extreme,” says Ed Crooks, vice chair of A
Also in this section
28 March 2024
US company aims to accelerate deployment of new technologies offered by Norwegian pureplay CCS firm
26 March 2024
Country has Europe’s largest CO₂ storage potential but regulatory and policy issues must be resolved to enable growth, says Offshore Energies UK
26 March 2024
Largest investment to date will support emission reduction projects across multiple sectors including refining, steel and cement
19 March 2024
Commodity trading companies are set for a key role in shaping green supply chains and providing carbon market liquidity