The president is hosting a virtual summit of major economies Friday to discuss climate change at a time when the world is still reliant on fossil fuels due to fallout from Russia's invasion of Ukraine
The United States President Joe Biden hosted a virtual summit of major economies Friday to discuss climate change at a time when the world is still reliant on fossil fuels due to fallout from the Russian invasion of Ukraine. Taking office in 2021, Biden is holding his third meeting of the Major Economies Forum on Energy and Climate. On Friday, Antonio Guterres, the Secretary-General of the United States, said while comparing the oil and gas industry to Big Tobacco, financers and producers of fossil fuels have humanity by the throat.
Biden hosted a virtual summit of major economies to discuss climate change at a time when the world is still reliant on fossil fuels due to fallout from Russia’s invasion of Ukraine. Taking office in 2021, the president is holding his third meeting of the MEF on Energy & Climate. pic.twitter.com/4xCEmnpSJ2
On the other hand, U.S. President Joe Biden was not quite the craving for a fight. Instead, with both surging energy prices and global warming weighing on the world at the MEF (Major Economies Forum on Energy and Climate), the U.S. president discussed the efforts to ease the pain of soaring fuel prices while urging more long-term green policies.
Rejecting the idea of raising gasoline production, the top diplomat of the United Nations (U.N.) threw out usual diplomatic niceties and openly criticized the fossil fuel industry at a virtual session that included oil-rich countries such as Saudi Arabia, Egypt, China, and European countries, which is hosting the next U.N. meeting on climate change. For the first time, Guterres compared the energy industry to tobacco interests by saying that they use the same outrageous tactics to delay action that is good for the Earth and individuals.
Guterres Dismissed More Drilling
The U.S. president repeated his intention to lower gasoline prices averaging a record $5 per gallon in the United States, while also shifting away from fossil fuels to limit climate change. Furthermore, President Biden is expected to visit the Kingdom of Saudi Arabia next month. Recently, the White House acknowledged the kingdom after the Organization of the Petroleum Exporting Countries (OPEC+) announced that it would drill more oil to boost the world supply.
Guterres rejected more oil pumping by saying that nothing could be more present than the danger of fossil fuel expansion. Further, he said that fossil fuels do not make economic or political sense. But, according to a senior United Nations official, the secretary-general decided to practical expression because of the industry’s effective efforts to use the war in Ukraine as a justification to start drilling projects.
US President Joe Biden Hosts Climate Summit Amid Fuel Costs Source: Web
Extreme Weather Events
Biden government officials said that they expect some nations to announce more striving climate targets as part of the landmark 2015 Paris deal reached. During his Oval Office interview on Thursday, President Biden sounded alarmed about extreme weather events. He said the U.S. would face more flooding, tornadoes, and hurricanes. However, the Russian aggression toward Ukraine pushed the president’s climate goals by raising the cost of gasoline.
The U.S. president comes to the climate conference with foreign leaders with far less of the climate goal and hopes he announced at the beginning of his presidency when he promised to make the U.S. a leader again in cutting fossil fuel emissions to avoid the worst scenarios of planet warming. Unfortunately, since then, GOP and some Democratic leaders stuck with no concluding stance but killed the most ambitious climate bill of the Democratic president.
