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

Trendingnow

1

Current price of oil as of June 15, 2026

2

Current price of silver as of Monday, June 15, 2026

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

Current price of silver as of Monday, June 15, 2026

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 change

Biden raises the alarm over climate change: ‘We can no longer plead ignorance to the consequences of our actions’

By
Zeke Miller
Zeke Miller
,
Seung Min Kim
Seung Min Kim
,
Chris Megerian
Chris Megerian
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Zeke Miller
Zeke Miller
,
Seung Min Kim
Seung Min Kim
,
Chris Megerian
Chris Megerian
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
November 11, 2022, 7:45 PM ET
President Joe Biden.
President Joe Biden. Sean Gallup/Getty Images
Add Fortune on Google for similar content.

President Joe Biden, speaking Friday at an annual international summit on climate change, urged world leaders to “double down” on their resolve to fight global warming, saying Russia’s invasion of Ukraine reinforces the need to phase out fossil fuels.

“We can no longer plead ignorance to the consequences of our actions, or continue to repeat our mistakes,” Biden said.

The president’s brief attendance at the United Nations climate conference, known as COP27, was largely a victory lap as he emphasized new spending on clean energy initiatives that will “change the paradigm” for the United States and the rest of the world.

But Biden glossed over how he’s pushed for more oil and gas production to bring down costs that have been politically troublesome at home, and fueled the invasion of Ukraine by allowing Russia to fetch higher prices for its energy exports.

“This gathering must be the moment to recommit our future and our shared capacity to write a better story for the world,” Biden said.

Biden spent just three hours in Egypt, including a meeting with the country’s autocratic leader, President Abdel-Fattah el-Sissi, before continuing on an around-the-world trip. His next stop was Cambodia for a meeting of Southeast Asian leaders and then Indonesia for the annual Group of 20 summit of the world’s largest economies.

Biden left Washington late Thursday buoyed by a stronger-than-expected showing by the Democratic Party in Tuesday’s midterm elections, earlier congressional passage of the largest climate investment in U.S. history and Russian military setbacks on the Ukrainian battlefield.

At the climate conference, Biden discussed a new supplemental rule that will crack down on methane emissions, expanding on a similar regulation his administration released last year. Methane is a potent greenhouse gas that contributes significantly to global warming.

Biden also spotlighted one of his key domestic successes — the Democrats’ massive health care and climate change bill known as the Inflation Reduction Act.

The U.S. commitment of some $375 billion over a decade to fight climate change gives Biden greater leverage to press other nations to fulfill their pledges to reduce greenhouse gas emissions and shift the global economy toward cleaner energy sources.

“The United States government is putting our money where our mouth is,” he said.

Biden said the spending, part of broader economic legislation he signed into law this year, will ensure the U.S. hits its target for reducing emissions by 2030.

The president was in a far different position from last year’s gathering, which came about during a particularly unhappy stretch in the bill’s tortuous path to passage.

That summit resulted in additional global commitments to meet temperature targets agreed to in the Paris Climate Accord, which Biden rejoined after his predecessor, Donald Trump, pulled the U.S. from the deal.

Jennifer Morgan, Germany’s special climate envoy, said Biden “made it very clear that the climate crisis is a major top priority for the United States domestically in getting laws passed, internationally in partnership with other countries.”

She said it contributed “a positive energy coming into this conference.”

Biden argued that “good climate policy is good economic policy,” and he called on all major emitting countries to “align their ambition” to the international goal of trying to limit future global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit), according to the White House.

But even with these fresh efforts, America and the world have a long way to go to meet emissions targets that scientists hope will contain global warming. And the political will for more investment is shrinking.

Biden acknowledged that climate crises are “hitting hardest those countries and communities that have the fewest resources to respond and recover,” a reference to a leading issue at the summit.

Known as “loss and damage,” it involves asking rich countries like the United States, the top historic polluting nation, to pay what are essentially reparations for damages caused to poorer vulnerable nations that don’t emit much heat-trapping carbon dioxide.

Biden announced in his speech the U.S. would contribute $150 million “as a down payment” to initiatives to help Africa adapt to the changing climate, but that did not satisfy concerns.

“We would like for the U.S. to step up their game on loss and damage,” Sierra Club President Ramon Cruz said. “We would of course like to see more commitment to that.”

The U.S. in the past has opposed even talking about the issue, but has softened its stance and agreed to discussions. Biden’s climate envoy, John Kerry, has mentioned the issue in speeches. However, the U.S. doesn’t want liability to be part of any deal. In addition, Congress and the public have been reluctant to embrace many types of climate aid — and this is the most controversial type.

The lack of congressional support has tied Biden’s hands, said Alice Hill, who worked on climate issues in President Barack Obama’s administration.

Even though Biden announced other initiatives, she said, “he couldn’t deliver what the developing world most wants: enough money to adapt to climate extremes.”

Prospects for a significant breakthrough are further dampened as major emitters such as China and India are sending less-senior delegations to the conference. Biden administration officials have tried to lower expectations for results and instead cast the meeting as a return to U.S. leadership on the issue.

Biden left Washington with votes still being tallied in key races that will determine political control of Congress. Still, the president was buoyed as Democrats performed stronger than expected.

After arriving in Egypt, Biden met with el-Sissi. The leaders discussed climate, human rights and the U.S.-Egypt defense partnership, among other issues, the White House said. The Egyptian leader proactively and publicly raised human rights with Biden before their one-on-one meeting.

“We are very keen on improving this part,” said el-Sissi, who emphasized that Egypt had launched a national strategy on human rights.

Biden and other senior officials had also planned to advocate for the release of imprisoned Egyptian pro-democracy activist Alaa Abdel-Fattah. His family said prison officials told them he was undergoing an undefined medical intervention amid a hunger strike. He was not named in the White House summary of Biden’s meeting with el-Sissi.

For his part, Biden said the U.S. and Egypt are “continuing our dialogue on human rights” and added that he hopes they’ll be “closer and stronger in every way.”

Afterward, as he walked through a hallway with el-Sissi, Biden was asked whether they had discussed Abdel-Fattah. Biden responded, “What we talked about is the relationship between the United States and Egypt.”

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Authors
By Zeke Miller
See full bioRight Arrow Button Icon
By Seung Min Kim
See full bioRight Arrow Button Icon
By Chris Megerian
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
8 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
8 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
8 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
20 hours 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
23 hours 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
23 hours 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
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
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
23 hours 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
24 hours ago
Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion
Startups & Venture
Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion
By Eva RoytburgJune 15, 2026
1 day 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.