“The world missed an opportunity to have a green recovery,” said Obama climate official Alice Hill. “We hoped it would. But it didn’t.”
The Tennessee Valley Authority's coal-burning Allen Fossil Plant is shown in Memphis. Trillions of dollars pumped into the global economy during the pandemic have done little to alter the trajectory that has the planet on a path toward blowing through targets to cap temperature increases.
“We haven’t had enough investment,” said Rep. Ro Khanna , a progressive climate hawk who has called for ending tax breaks for fossil fuels. “We have to have massive investment on electric vehicles and solar, wind and battery storage.” While the analyses compiled by policy and energy experts looked at different sets of countries and used a range of methodologies, their conclusions by and large were the same: Global stimulus efforts have favored business-as-usual practices, including government support for fossil fuels, that will do little to constrain greenhouse gas emissions.
“We did not use the crisis as an opportunity,” said Rachel Kyte, dean of the Fletcher School at Tufts University and a climate adviser for the United Nations Secretary General. “It’s not too late, but the G-7 and the G-20 need to do something bigger after the [climate conference].” How big those governments themselves are willing to go at the Glasgow conference in calling for new climate spending is likely to depend partly on the United States. The $1.9 trillion American Rescue Plan Act that passed early this year contained only modest green energy measures, and all eyes are on Democrats’ push for a climate and social spending bill. The $3.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Colin Powell Mourned by President Joe Biden, Barack Obama and MorePoliticians, celebrities and friends are mourning the loss of former Secretary of State Colin Powell.
Lire la suite »
Why so many teachers are thinking of quittingSeven educators on how the pandemic drove them to finally say: Enough is enough.
Lire la suite »
Cities seek to loosen rules on spending federal pandemic aidAt the Loma Verde Recreation Center south of San Diego, demolition work is underway on a $24 million project that will rebuild the facility from the ground up, complete with a new pool. An hour's drive to the north, the iconic bridge to the Oceanside pier is deteriorating because the city lacks the money for a roughly $25 million rehabilitation.
Lire la suite »
Government stimulus spending proved government works if it's fundedOpinion | I got a COVID-19 test in five minutes, and the results came in two hours thanks to New York City's massive public funding. Imagine if everything could be this easy. By _pem_pem.
Lire la suite »
China's economic growth weakens amid construction slowdownBEIJING (AP) — China’s economic growth sank in the latest quarter as a slowdown in construction and curbs on energy use weighed on its recovery from the coronavirus pandemic. The world’s second-largest economy grew by 4.9% over a year ago in the three months ending in September, down from the previous quarter’s 7.9%, government data showed Monday.
Lire la suite »