Biden administration to unveil climate change policies, adviser says
WASHINGTON (Reuters) - U.S.
WASHINGTON (Reuters) - U.S. President Joe Biden's administration is poised to release within days the policies it believes are needed to tackle climate change, Gina McCarthy, the White House's national climate adviser, said on Saturday.
"We've already sent signals on the things that we don't like that we're going to roll back, but this week you're going to see us move forward with what's the vision of the future," McCarthy told a virtual meeting of the U.S. Conference of Mayors.
McCarthy did not indicate what would be released, but a memo seen by Reuters on Thursday showed Biden will unveil a second round of executive orders as soon as Jan. 27 that include an "omnibus" order to combat climate change domestically and elevate the issue as a national security priority.
Biden, a Democrat, has already issued executive orders on climate issues including canceling the Keystone XL pipeline and rejoining the 2015 Paris climate agreement. Both of those moves reversed former President Donald Trump's climate policies.
John Kerry, a former U.S. secretary of state who is Biden's special climate envoy, told the mayors' meeting that tackling climate change did not mean a diminishment of lifestyle, such as driving less or not being able to eat meat.
But the Biden administration and mayors and other local leaders will have to persuade Americans that curbing climate change "can be the greatest economic transformation in global history," Kerry said.
(Reporting by Timothy Gardner; Editing by Paul Simao)
This story has not been edited by Firstpost staff and is generated by auto-feed.
Subscribe to Moneycontrol Pro at ₹499 for the first year. Use code PRO499. Limited period offer. *T&C apply
By Christoph Steitz, Tom Käckenhoff and Arno Schuetze FRANKFURT (Reuters) - German conglomerate Thyssenkrupp ended talks to sell its steel division to Britain's Liberty Steel due to differences over value, the latest setback in efforts to consolidate the European sector. Liberty Steel, led by commodities tycoon Sanjeev Gupta, last month submitted a firmed-up non-binding bid for Thyssenkrupp's steel unit, Europe's second biggest in terms of sales, which sources said included commitments to protect jobs and sites.
(Reuters) - Reddit trading lingo may filter in to Washington on Thursday when top hedge fund managers, the head of Robinhood and Roaring Kitty himself are set to give testimony before U.S. House of Representatives lawmakers.
By Stephanie Kelly NEW YORK (Reuters) - Oil prices steadied on Thursday, with Brent edging back from a 13-month high, after a sharp drop in U.S. crude inventories supported prices, while buying spurred by a cold snap in the largest U.S. energy-producing state petered out.