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Added on the 14/07/2021 15:43:39 - Copyright : France 24 EN
The world must slash its emissions of planet-warming greenhouse gases by 7.6 percent every year to 2030 or miss the chance to avert devastating climate change, the United Nations says. SOUNDBITE
On Friday, President Donald Trump signed an executive order to scale back the 2010 Dodd-Frank financial regulatory framework put in place by his predecessor as a direct response to the financial crisis. In a Friday press briefing, White House Press Secretary Sean Spicer called the Dodd-Frank Act a "disastrous policy." The new administration is aiming for a broad range of financial reforms, ranging from back rules consumer protections.
According to a team of researchers from Duke University and the NASA Goddard Institute for Space Studies, slashing carbon emissions won’t just reduce global warming, it could also prevent tens of thousands of premature deaths by 2030.
The EU should seek to cut greenhouse gas emissions by 90 percent by 2040, its climate commissioner says, proposing a new interim target towards making the bloc carbon neutral in 2050. "Based on the best available science, and a detailed impact assessment, we are recommending that the 2040 target should be a 90 percent emission cut" compared to 1990 levels, says commissioner Wopke Hoekstra, calling for a "fair transition" that will allow EU businesses to thrive. SOUNDBITE
President Joe Biden will unveil a proposed budget on Thursday that would reduce the national deficit by $3 trillion over the next decade, White House Press Secretary Karine Jean-Pierre tells reporters. SOUNDBITE
EU chief Ursula von der Leyen says that the bloc must act to address "distortions" created by Washington's $430-billion plan to spur climate-friendly technologies in the United States. The European Union must "take action to rebalance the playing field where the IRA (Inflation Reduction Act) or other measures create distortions", von der Leyen says in a speech at the College of Europe in the Belgian city of Bruges. SOUNDBITE
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