A few months before the COP27 conference, which will take place in Sharm El Sheikh (Egypt) from November 7-18, Lawrence Tubiana, Director of the European Climate Foundation and former ambassador in charge of the Paris Agreement negotiations, responded to President Joe Biden’s remarks. The climate plan and the potential consequences of Sino-US tensions on combating global warming.
What importance can we give the climate component of Joe Biden’s anti-inflationary law?
This was a prerequisite for the movement of mutual pressure between countries to continue to exercise them in the diplomatic arena. If, despite Joe Biden’s promises when he came to power – to reduce US emissions by 50%, compared to 2005, by 2030 – no major climate law has been passed, it is hard to see how states, the world’s second-largest emitters, could United State. The world could have maintained its credibility on the subject – despite the diplomatic efforts of John Kerry, the US special climate envoy. What’s more, just a few weeks ago, immediately after the abortion right was revoked, the US Supreme Court called into question the Federal Environmental Protection Agency’s right to regulate greenhouse gas emissions from coal-fired power plants across the country.
The US plan relies only on incentives, particularly fiscal ones, and not on restrictions: can we be sure of its effectiveness?
When we look at the recent past, what Barack Obama was able to do during his second term [2013-2017]And the First, we see that the current plan is more ambitious. More than 360 billion dollars [352 milliards d’euros] Over ten years, that’s big! However, Mr. Obama’s work was based roughly on the same philosophy: encouragement and support, rather than restrictive taxes. The tax credit on renewable energies Mr. Obama was able to pass at the time had an enormous impact: Today we see Texas, the oil state par excellence, becoming the main source of renewable electricity to the United States. . Even the arrival of Donald Trump to the White House did not hinder this movement. So there is likely to be a strong acceleration in the development of renewables, based on a method that has proven itself.
This is even more important when we remember that at the end of 2021, the United States banned the import of solar panels and Chinese materials for their manufacture from China, due to the situation prevailing in the regions. Biden’s plan would reinstall the solar panel industry in the United States. This will undoubtedly go hand in hand with technological innovations, on the important issue of rare earths recycling. [matériaux stratégiques nécessaires à la fabrication des batteries, des éoliennes, etc.].
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