AIRLINK 176.82 Decreased By ▼ -0.07 (-0.04%)
BOP 11.09 Decreased By ▼ -0.26 (-2.29%)
CNERGY 7.94 No Change ▼ 0.00 (0%)
FCCL 44.94 Decreased By ▼ -0.47 (-1.04%)
FFL 16.11 Decreased By ▼ -0.21 (-1.29%)
FLYNG 28.28 Increased By ▲ 0.43 (1.54%)
HUBC 141.78 Increased By ▲ 2.80 (2.01%)
HUMNL 13.25 Increased By ▲ 0.05 (0.38%)
KEL 4.43 Increased By ▲ 0.02 (0.45%)
KOSM 6.03 Decreased By ▼ -0.11 (-1.79%)
MLCF 58.45 Decreased By ▼ -0.41 (-0.7%)
OGDC 224.19 Increased By ▲ 6.02 (2.76%)
PACE 5.93 Decreased By ▼ -0.04 (-0.67%)
PAEL 45.90 Increased By ▲ 0.03 (0.07%)
PIAHCLA 18.16 Decreased By ▼ -0.07 (-0.38%)
PIBTL 10.60 Increased By ▲ 0.05 (0.47%)
POWER 11.30 Decreased By ▼ -0.21 (-1.82%)
PPL 185.48 Increased By ▲ 0.98 (0.53%)
PRL 36.91 Decreased By ▼ -0.13 (-0.35%)
PTC 23.69 Decreased By ▼ -0.39 (-1.62%)
SEARL 98.40 Increased By ▲ 0.74 (0.76%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 37.38 Increased By ▲ 0.06 (0.16%)
SYM 15.01 Decreased By ▼ -0.33 (-2.15%)
TELE 7.82 Decreased By ▼ -0.05 (-0.64%)
TPLP 10.96 Decreased By ▼ -0.15 (-1.35%)
TRG 66.14 Decreased By ▼ -4.06 (-5.78%)
WAVESAPP 10.88 Decreased By ▼ -0.22 (-1.98%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
YOUW 3.81 Decreased By ▼ -0.01 (-0.26%)
AIRLINK 176.82 Decreased By ▼ -0.07 (-0.04%)
BOP 11.09 Decreased By ▼ -0.26 (-2.29%)
CNERGY 7.94 No Change ▼ 0.00 (0%)
FCCL 44.94 Decreased By ▼ -0.47 (-1.04%)
FFL 16.11 Decreased By ▼ -0.21 (-1.29%)
FLYNG 28.28 Increased By ▲ 0.43 (1.54%)
HUBC 141.78 Increased By ▲ 2.80 (2.01%)
HUMNL 13.25 Increased By ▲ 0.05 (0.38%)
KEL 4.43 Increased By ▲ 0.02 (0.45%)
KOSM 6.03 Decreased By ▼ -0.11 (-1.79%)
MLCF 58.45 Decreased By ▼ -0.41 (-0.7%)
OGDC 224.19 Increased By ▲ 6.02 (2.76%)
PACE 5.93 Decreased By ▼ -0.04 (-0.67%)
PAEL 45.90 Increased By ▲ 0.03 (0.07%)
PIAHCLA 18.16 Decreased By ▼ -0.07 (-0.38%)
PIBTL 10.60 Increased By ▲ 0.05 (0.47%)
POWER 11.30 Decreased By ▼ -0.21 (-1.82%)
PPL 185.48 Increased By ▲ 0.98 (0.53%)
PRL 36.91 Decreased By ▼ -0.13 (-0.35%)
PTC 23.69 Decreased By ▼ -0.39 (-1.62%)
SEARL 98.40 Increased By ▲ 0.74 (0.76%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 37.38 Increased By ▲ 0.06 (0.16%)
SYM 15.01 Decreased By ▼ -0.33 (-2.15%)
TELE 7.82 Decreased By ▼ -0.05 (-0.64%)
TPLP 10.96 Decreased By ▼ -0.15 (-1.35%)
TRG 66.14 Decreased By ▼ -4.06 (-5.78%)
WAVESAPP 10.88 Decreased By ▼ -0.22 (-1.98%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
YOUW 3.81 Decreased By ▼ -0.01 (-0.26%)
BR100 12,435 Increased By 81.3 (0.66%)
BR30 38,584 Increased By 460.3 (1.21%)
KSE100 116,633 Increased By 193.6 (0.17%)
KSE30 35,822 Increased By 118.6 (0.33%)

GLASGOW: President Joe Biden on Monday will try to assure world leaders that the United States can keep its promise to slash greenhouse gas emissions by more than half by the end of the decade, even as the key policies to ensure those reductions remain uncertain, his top climate aides said.

Biden will join leaders from over 100 countries in Glasgow for the start of the COP26 climate conference, which kicks off on the heels of the G20 summit in Rome that concluded with a statement that urged "meaningful and effective" action on climate change but left huge work for negotiators to ensure an ambitious outcome.

National Climate Adviser Gina McCarthy said Biden was committed to delivering on that goal in large part through a key budget bill that would unleash $555 billion in climate spending that awaits a vote in Congress after months of fraught domestic negotiations.

"Here in Glasgow, he's renewing the United States' commitment to take swift and decisive action, including through his Build Back Better framework," McCarthy told reporters.

"It's the largest investment to combat the climate crisis in American history. And it's going to let us reduce emissions well over a gigaton -- that's 1 billion metric tons -- in 2030."

Biden said on Sunday that his Build Back Better climate and social spending bill will be voted on sometime this week, "God willing."

The House of Representatives has not yet confirmed a date for a vote on the legislation.

McCarthy also addressed concerns around a Supreme Court announcement late Friday that it would review the Environmental Protection Agency's authority to regulate greenhouse gas emissions, potentially undermining US climate goals.

"We're confident that the Supreme Court will confirm what those have before them, which is EPA has not just the right but the authority and responsibility to keep our families and communities safe from pollution," McCarthy said.

Biden will also announce on Monday a long-term strategy laying out how the US will achieve a longer-term goal of net-zero emissions by 2050 and announce that he will work with Congress to launch a $3 billion program in 2024 aimed at helping developing countries adapt to and manage the impacts of climate change through locally-led measures.

Comments

Comments are closed.