Biden summit triggers bolder climate pledges
Progress on limiting temperature rises to no more than 1.5°C to become clearer by year-end
April’s Leaders’ Summit on Climate provided US president Joe Biden with the first opportunity to burnish his climate credentials. It also triggered a round of upgraded climate commitments from other rich nations ahead of the UN’s Cop26 talks later this year. However, experts were quick to point out that the US’—and indeed the world’s—new and upgraded emissions reduction targets are still a long way off where they need to be to achieve the goals of the Paris Agreement. 42pc – Renewables' forecast share of US power generation by 2050 Biden pledged to cut US greenhouse gas (GHG) emissions by 50pc to 52pc from 2005 levels by 2030. The previous pledge, made by former President Ob

Also in this section
14 May 2025
Deal with Calpine shows oil and gas major ExxonMobil has no intention of curbing its CCS ambitions, despite US policy risks and broader scepticism over the energy transition
13 May 2025
Volatile tariffs add new risks for a sector already struggling to achieve economies of scale
30 April 2025
State administrations are using a flawed metric to justify green energy projects
29 April 2025
Spain’s unprecedented blackout highlighted the risk for green hydrogen producers with exposure to Europe’s creaking power grids