BUI - U.S. set to pledge cutting emissions in half by decade's end

President Biden this week will pledge to cut U.S. greenhouse gas emissions at least in half by 2030, the Washington Post reports, as he convenes a virtual summit of world leaders Thursday aimed at re-establishing the U.S. as a leader in the effort to fight climate change.The expected pledge would represent a near-doubling of the U.S. commitment under the 2015 Paris climate agreement, when then-President Obama vowed to cut emissions by 26%-28% compared with 2005 levels.While the initial proposal likely will offer broad strokes rather than a detailed breakdown of how it will meet the more ambitious target, the new pledge will offer a guide to the changes that Biden wants to set in motion, from decarbonizing the U.S. energy sector to phasing out gasoline powered vehicles.ETFs: [[XLE]], [[UTG]], [[XLU]], [[XOP]], [[VDE]], [[GUSH]], [[VPU]], [[OIH]], [[ERX]], [[BGR]], [[BUI]], [[FENY]], [[DRIP]], [[GUT]], [[FUTY]]The International Energy Agency this week projected that global

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U.S. set to pledge cutting emissions in half by decade's end