Paying Fairer Shares In The Climate Fight

What a fair climate target looks like for the US, the largest historical carbon emitter Biden is about to announce a new 2030 climate target. Will it go far enough? Lili Pike, April 9, 2021 (VOX)

“… [To reassure the world that the US takes the climate threat seriously, the Biden] administration is considering a goal to cut emissions somewhere between 48 and 53 percent from 2005 levels by 2030…[and] many recent studies show it is within reach…[But a new report finds the US responsibility should be reductions in 2030 of] 195 percent…[to contribute] ‘fair share’ toward tackling climate change, as the world’s largest historical emitter and wealthiest nation…

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...[It] stretches the imagination compared to other proposals…But that’s the point…[O]nce carbon dioxide molecules enter the atmosphere, they linger for hundreds of years — so past emissions are still very much shaping the trajectory of global warming…

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…[T]he new report also proposed a corresponding financial commitment…[of] somewhere in the order of $1.6 trillion by 2030….Just reaching 50 percent cuts will require a significant economy-wide effort, including phasing out all US coal plants by 2030…” click here for more

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