On Friday morning, the second and final day of the global climate summit, organized by the United States administration, began.
Pete Buttigieg, the US Secretary of Energy, opening the fifth session of the summit, called clean technologies “a ray of hope for our generation.” There are the words of Buttigieg quoted by the Reuters news agency.
“It’s like launching a rocket to the moon for our generation,” said Jennifer Granholm, the energy secretary in the Biden administration, speaking about job opportunities and investments in clean technologies such as carbon capture and storage, solar cell production, and electric vehicles.
The fifth session of the summit deals mainly with technological issues. Yesterday, the summit participants celebrated Earth Day, which aims to unite the world to reduce global climate change.
President Joe Biden has called a two-day virtual meeting with dozens of heads of state to announce that the United States is back at the climate negotiating table after his predecessor, former President Donald Trump, pulled out of the Paris Agreement to reduce greenhouse gas emissions.
Speaking at the summit yesterday, Biden announced that the US had set a new goal of reducing emissions by 50-52% by 2030 compared to 2005. Japan and Canada also raised their reported emissions reductions.
The White House has assured other countries that it will be able to achieve this goal even if a new administration comes to power because the industry will, in any case, move towards using cleaner energy sources, producing electric vehicles, and increasing the number of renewable energy sources.
“The world as a whole is moving in this direction,” John Kerry, the US President’s special envoy on climate change, told reporters, “These companies have made this critical, long-term, strategic marketing decision, and this is the direction the market is moving in. No politician, no matter how demagogic, no matter how powerful, no matter how capable, can change market trends.”
Friday’s summit brings together top Biden administration officials and CEOs of major companies, which will prove the role of technology in creating a zero-emission economy.
Biden seeks to unite the global efforts to combat climate change, including creating jobs, arguing that the measures he proposes will benefit the economy.
Republicans fear that excessive climate regulation could hurt the economy.
In addition to Transportation Secretary Pete Buttigieg and Energy Secretary Jennifer Granholm, US Trade Representative Katherine Tai and Commerce Secretary Gina Raimondo also speak at the session.
Foreign leaders are also expected to attend, including Danish Prime Minister Mette Frederiksen, Israeli Prime Minister Benjamin Netanyahu, Kenyan President Uhuru Kenyatta, and Vietnamese President Nguyen Xuan Phuc.