• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Current price of oil as of June 15, 2026

2

Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cup

3

Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI

1

Current price of oil as of June 15, 2026

2

Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cup

3

Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI
Environmentclimate

Biden readying pledge to cut 2030 greenhouse gas emissions by half

By
Matthew Daly
Matthew Daly
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Matthew Daly
Matthew Daly
and
The Associated Press
The Associated Press
Down Arrow Button Icon
April 21, 2021, 4:55 AM ET
Add Fortune on Google for similar content.

President Joe Biden will pledge to cut U.S. greenhouse gas emissions at least in half by 2030 as he convenes a virtual climate summit with 40 world leaders, according to three people with knowledge of the White House plans.

The 50% target would nearly double the nation’s previous commitment and help the Biden administration prod other countries for ambitious emissions cuts as well. The proposal would require dramatic changes in the power and transportation sectors, including significant increases in renewable energy such as wind and solar power and steep cuts in emissions from fossil fuels such as coal and oil.

The nonbinding but symbolically important pledge is a key element of the two-day summit, which begins Thursday as world leaders gather online to share strategies to combat climate change.

The emissions target has been eagerly awaited by all sides of the climate debate. It will signal how aggressively Biden wants to move on global warming, a divisive and expensive issue that has riled Republicans to complain about job-killing government overreach even as some on the left worry Biden has not gone far enough to address a profound threat to the planet.

The three people who know about the White House plans spoke on condition of anonymity on Tuesday because they were not authorized to discuss the pledge ahead of Biden’s announcement.

Biden has sought to ensure that the 2030 goal, known as a Nationally Determined Contribution, or NDC, is aggressive enough to have a tangible impact on climate change efforts—not only in the U.S. but throughout the world—while also being achievable under a closely divided Congress.

The climate target is a key requirement of the 2015 Paris climate agreement, which Biden rejoined on his first day in office. It’s also an important marker as Biden moves toward his ultimate goal of net-zero carbon emissions by 2050.

Scientists, environmental groups and even business leaders had called on Biden to set a target that would cut U.S. greenhouse gas emissions by at least 50% below 2005 levels by 2030.

“Wow. That’s ambition with a capital A,” Georgia Tech climate scientist Kim Cobb said Tuesday after learning of Biden’s plans. “That target would put us roughly in line with the most ambitious emissions reductions targets” projected by scientists and environmentalists.

Cobb, like other experts, said details of Biden’s strategy will be crucial, “because those details will likely determine whether this ambitious new goal can be translated into policy. The clock is ticking fast, environmentally and politically.”

Pennsylvania State University climate scientist Michael Mann said the 50% goal “is precisely what is needed … an actionable goal within the next decade that puts us on the path toward limiting warming below a catastrophic 1.5 degrees Celsius” globally.

The climate summit that Biden is hosting is among his first international actions since the United States officially returned to the Paris accord. The U.S. withdrawal from the global pact under former President Donald Trump was part of Trump’s effort to step away from global allegiances in general and his oft-stated but false view that global warming was a hoax or at least an overstated claim by the world’s scientists.

Biden, by contrast, has made action on climate change a centerpiece of his presidency. He has also paused new oil and gas drilling on federal lands and proposed a $2.3 trillion infrastructure plan that would remake the U.S. power grid and add 500,000 charging stations for electric vehicles, among other actions intended to sharply cut fossil fuel pollution that contributes to global warming.

The summit is “the starting gun for climate diplomacy” after a four-year “hiatus” under Trump, said Larsen, now a director at the Rhodium Group, an independent research firm.

Former Secretary of State John Kerry, Biden’s top climate envoy, has been pressing global leaders, including his counterpart in China, for commitments and alliances on climate efforts.

Sen. Ed Markey, a Massachusetts Democrat who reintroduced the Green New Deal on Tuesday with Rep. Alexandria Ocasio-Cortez, D-N.Y., said the 50% target was appropriate to meet the scope and scale of the climate crisis.

“The United States must be an undeniable global leader in climate action,” Markey said Tuesday. “We cannot preach temperance from a barstool and not pay our fair share when approximately 40% of all the excess carbon dioxide in the atmosphere is red, white and blue.”

A 50% reduction by 2030 is “technically feasible and well within our reach,” Markey added. “We can and should fight to pass legislation and deploy funding that will allow us to exceed that target.”

Sen. John Barrasso, R-Wyo., the top Republican on the Senate Energy Committee, said Biden’s pledge would set “punishing targets” for the U.S. even as adversaries such as China and Russia “continue to increase emissions at will. The last thing the economy needs is higher energy prices and fewer jobs, but that’s exactly what we’re going to get.”

Like other nations, the U.S. goal includes methane and some hydrofluorocarbon gases that trap more heat but don’t last as long as carbon dioxide.

The 50% pledge was first reported by the Washington Post.

About the Authors
By Matthew Daly
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Environment

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Environment

A woman wearing a hat and scarf holds a sign that says, "Don't let data centers drain us."
PoliticsData centers
Data center hate is snowballing, and construction setbacks in the first three months of 2026 have already exceeded last year’s, report finds
By Sasha RogelbergJune 16, 2026
16 hours ago
Vietnam’s economy is one of the fastest-growing in the world. Can it make the leap into the ranks of middle-income countries?
MagazineVietnam
Vietnam’s economy is one of the fastest-growing in the world. Can it make the leap into the ranks of middle-income countries?
By Nicholas GordonJune 16, 2026
17 hours ago
Two mayors, one $10 billion AI data center, and a growing divide in small-town Texas
AIPolitics
Two mayors, one $10 billion AI data center, and a growing divide in small-town Texas
By Sharon GoldmanJune 16, 2026
17 hours ago
New Mexico is in a historic drought. Oracle and OpenAI designed their newest data center with that in mind
Environmentclimate change
New Mexico is in a historic drought. Oracle and OpenAI designed their newest data center with that in mind
By Catherina GioinoJune 15, 2026
1 day ago
Beagle breeding farm to shutter for good after rescue group buys nearly 1,500 dogs following violent protests where cops teared gassed activists
North AmericaAnimals
Beagle breeding farm to shutter for good after rescue group buys nearly 1,500 dogs following violent protests where cops teared gassed activists
By The Associated PressJune 15, 2026
1 day ago
Why Patagonia is risking its progressive brand image with a lawsuit against a drag queen
RetailEnvironment
Why Patagonia is risking its progressive brand image with a lawsuit against a drag queen
By Phil WahbaJune 15, 2026
1 day ago

Most Popular

Current price of oil as of June 15, 2026
Personal Finance
Current price of oil as of June 15, 2026
By Joseph HostetlerJune 15, 2026
1 day ago
Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cup
Success
Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cup
By Preston ForeJune 15, 2026
1 day ago
Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI
Big Tech
Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI
By Tristan BoveJune 15, 2026
1 day ago
Current price of silver as of Monday, June 15, 2026
Personal Finance
Current price of silver as of Monday, June 15, 2026
By Joseph HostetlerJune 15, 2026
1 day ago
Current price of oil as of June 16, 2026
Personal Finance
Current price of oil as of June 16, 2026
By Joseph HostetlerJune 16, 2026
11 hours ago
Current price of gold as of June 15, 2026
Personal Finance
Current price of gold as of June 15, 2026
By Danny BakstJune 15, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.