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U.S. Leadership on Climate Change
President Biden pledged that the United States would do its part to avert a “climate hell.” President Biden attempted to assure that the United States is dedicated to addressing the issue. Still, impoverished nations resisted the sizeable U.S. delegation in attendance and demanded that the world’s wealthiest nations pay more to assist.
[1] During his speech, Biden apologized for the U.S. withdrawal from the Paris Climate Accord under former President Donald Trump.
A deal to support Egypt’s transition to renewable energy was one of the highlights of the U.S. president’s day trip to Sharm
Elsheikh, which was intended to “showcase” American leadership on the issue of climate change. Along with other actions, the U.S. recently unveiled new methane regulations to crack down on “super emitters”.[3] In his speech, President Biden highlighted the Inflation Reduction Act, one of several domestic climate efforts, a significant tax and climate legislation that allocates $369 billion to renewable energy programs.[4] Biden assured that good climate policy is good economic policy and that the United States of America will meet its emissions targets by 2030 since the U.S. has pledged to cut its greenhouse gas emissions between 50 and 52% by 2030.