Biden's climate summit zeroes in on technology to help fight global
warming
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[April 23, 2021]
By Jeff Mason and Valerie Volcovici
WASHINGTON (Reuters) -U.S. President Joe
Biden's climate summit will turn to the issue of technology on Friday,
featuring remarks from entrepreneurs Bill Gates and Michael Bloomberg,
after Thursday's Earth Day kickoff sought to rally world ambition to
reduce global warming.
Biden called the two-day meeting with dozens of heads-of-state to
declare the United States back at the climate leadership table after his
predecessor, former President Donald Trump, withdrew from the Paris
agreement to cut greenhouse gas emissions.
The Democratic president, who returned the United States to the pact,
announced a new U.S. target on Thursday to reduce its emissions 50%-52%
by 2030 compared with 2005 levels. Japan and Canada also raised their
targets.
The White House has sought to assure other countries that it can meet
that target, even if a new administration takes over, because industry
is moving toward cleaner power, electric vehicles, and more renewable
energy anyway.
"The world, as a whole, is moving in this direction," Biden's climate
envoy John Kerry told reporters.
"These companies have made this critical, long-term, strategic marketing
judgment, and that is the way the market is moving. No politician, no
matter how demagogic or how potent and capable they are, is going to be
able to change what that market is doing," he said.
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President Joe Biden participates in a virtual Climate Summit with
world leaders in the East Room at the White House in Washington,
U.S., April 22, 2021. REUTERS/Tom Brenner
On Friday the administration rolls out top cabinet
officials and business leaders to make the case for technology's
role in a "net-zero, climate-resilient economy."
Biden has sought to connect efforts to fight climate change with
opportunities to create jobs, arguing that taking action will be
good for the economy, countering Republican concerns that
overzealous climate regulation could damage the economy.
Secretary of Transportation Pete Buttigieg, U.S. Trade
Representative Katherine Tai, Energy Secretary Jennifer Granholm and
Commerce Secretary Gina Raimondo are all scheduled to take part in
Friday's conference.
Foreign leaders including Danish Prime Minister Mette Frederiksen,
Israeli Prime Minister Benjamin Netanyahu, Kenyan President Uhuru
Kenyatta and Vietnamese President Nguyen Xuan Phucare are also
slated to join.
Gates and Bloomberg, both wealthy
businessmen-turned-philanthropists, have focused their energies on
climate change in recent years. Gates has invested about $2 billion
toward the development of clean technologies, mostly in electricity
generation and storage.
(Reporting by Jeff Mason; editing by Richard Valdmanis and Stephen
Coates)
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