SMOG - Apple Alphabet and others back Biden plan for 50% cut in emissions

President Biden plans to announce his latest steps against climate change today as he convenes a virtual climate summit with 41 world leaders. He'll pledge to cut U.S. greenhouse gas emissions by at least in half by 2030, though the initial proposal will likely offer broad strokes rather than a detailed breakdown. The target would represent a near-doubling of the U.S. commitment under the 2015 Paris climate agreement, when then-President Obama vowed to slash emissions by 26-28%, compared with 2005 levels.Bigger picture: The announcement builds on other climate policies Biden has proposed in his first 100 days in office, including a plan to integrate climate risk into the financial system and a $2T infrastructure package. He's also set to issue an executive order on climate disclosure within the capital markets, a move that could shift investments and allocations in the fossil-fuel and renewables sectors. "Suddenly people are going to be

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Apple, Alphabet and others back Biden plan for 50% cut in emissions