Fact Sheet: President Biden Tackles Methane Emissions, Spurs Innovations, and Supports Sustainable Agriculture to Build a Clean Energy Economy and Create Jobs

Right now, President Biden is saying daring actions fixed Collectively with his imaginative and prescient that tackling the local climate disaster Is not simply an crucial, however Definitely one of many biggest financial alternatives of our time. When he thinks of local climate, he thinks of jobs – and he is Aware of that decisive actions will ship for economies and jobs again house.

America is main the clear power financial system of The Prolonged time period with initiatives throughout A selection of sectors and all levels of innovation: evaluation, enhancement, and deployment. The Dehalfment of Energy reviews that whereas most power sectors misplaced jobs in 2020, the sectors that continued rising amid the pandemic have been wind period, battery storage, and hybrid and electrical automobiles. Worldwidely, the Worldwide Energy Agency estimates that shifting to a internet-zero financial system would create 30 million jobs worldwide by 2030 throughout power, enhancement, and automotive sectors, 65% of which Shall be extreme-expert jobs. America is dedicated to realizing not solely the emissions reductions potential, But in addition the financial progress and jobs creation alternatives throughout key sectors.

By way of tackling methane emissions, spurring improvements, and assisting sustainable agriculture, President Biden today is saying daring steps Which will push the U.S. clear power financial system forward and create good-paying jobs. President Biden is unveiling a U.S. Methane Emissions Discount Movement Plan that redoubles efforts from throughout The fedperiodl authorities to dramatinamey scale again U.S. methane emissions, reduce shopper prices, shield staff and communities, primarytain and create extreme-extreme quality, union-nice jobs, and promote U.S. innovation and manufacturing of essential new utilized sciences.

The President May even be saying how the U.S. is halfnering with nations Across the globe to drive innovation and deep decarbonization, together with through Net-Zero World to chart pathstrategies to deep decarbonization; the Clean Energy Demand Initiative Which will facilitate greater company procurement of renewable power; and the First Movers Coalition Which will drive innovation by shiping A requirement signal for The mannequin new utilized sciences We’d like in enterprise, aviation, and heavy-obligation transportation.

The President is pursuing efforts with halfners Across the globe to mobilize Private and non-private finance for local climate-smart financial progress and enhancement, together with by conveying a local climate lens to infrastructure enhancement through Construct Back Higher World (B3W), creating jobs in clear industries Inside the U.S. and completely different nations together with A mannequin new halfnership with South Africa, and strengthening the pipeline of bankable tasks and facilitating private funding in local climate-smart enhancement through USTDA and USAID programming.

The President furtherly acknowledges the essential position of pure ecomethods in fixing the local climate disaster, launching primary initiatives together with Purpose for Climate to spur agricultural innovation, the Plan to Protect Worldwide Forests Which might catalyze global efforts to conserve and reretailer forests and completely different essential ecomethods.

Extra on today’s bulletins:

Reducing Methane Emissions: Methane emissions are A critical contrihoweveror to local climate change, which is why President Biden is taking essential, commonsense steps at house To Reduce methane throughout the financial system – all whereas rallying The Reprimaryder of the world to take comparable daring actions.

That is the rationale President Biden in September introduced that America was becoming a member of with The eu Union in difficult the world To fulfill A worldwide Methane Pledge and scale again the world’s methane emissions 30% from 2020 levels by 2030.  The official launch event the second day of COP-26 will announce that Greater than 100 authoritiess have now joined the pledge, together with six of the world’s prime 10 methane emitters: America, Brazil, EU, Indonesia, Pakistan, and Argentina.

The new U.S. Methane Emissions Discount Movement Plan is an formidable, complete-of-authorities initiative that makes use of all out there mannequins – commonsense legal guidelines, catalytic monetary incentives, transparency and discloassembleive of actionable knowledge, And private and non-private halfnerships – to decide And worth-effectively scale again methane emissions from all primary supplys. These actions will shield public well being, promote U.S. innovation in new utilized sciences, and assist worker tens of hundreds of expert staff throughout the nation. The plan goals To Reduce:

• Oil & Gasoline Industry Methane Emissions: The oil and gas enterprise is The Most very important industrial supply of methane emissions in America, Responsible for about 30% of complete methane emissions. That is the rationale on January 20, 2021, The primary day of his Administration, President Biden problemd Government Order 13990, directing the Environmental Safety Agency (EPA) to problem legal guidelines beneath the Clean Air Act To Reduce the oil and gas enterprise’s methane emissions.

  The EPA is today proposing new legal guidelines Which will signalificantly broaden and strengthen methane emissions reduction For mannequin spanking new oil and gas amenities. As properly as, for The primary time ever, It is going to require that states develop plans Which will scale again methane emissions from current supplys nationwide—together with from an estimated 300,000 oil and gas properly websites. Genperiodl, the proposed requirements Would Reduce emissions from coated supplys, gear, and opperiodtions by roughly 75%.

  The Dehalfment of Transportation’s Pipeline And unsafe Supplies and Safety Administration (PHMSA) is implementing the bihalfisan PIPES Act by upgrading and developing pipeline guidelines Which will, amongst completely different problems, require opperiodtors To reduce methane leaks and excursions. And the Dehalfment of The within (DOI) is Particularizing in alternatives to deal with the venting and flaring of methane from oil and gas opperiodtions and properly cloassembleives on public lands and waters. 

• Landfill Methane Emissions: Landfills are the second hugest industrial supply of methane in America. Constructing on efforts earlier this yr To place in place an enforceable fedperiodl againsprime plan To Enassembleive emissions reductions from huge municipal landfills, EPA is ramping up an initiative To Reduce the meals loss and waste that serves as A critical contrihoweveror to landfill methane emissions. EPA May even be boosting its voluntary landfill methane outrevery program To understand a nationwide objective of 70 % methane emissions seize for all landfills round the nation.
• Emissions by Plugging Oil & Gasoline Wells and Remediating Deserted Mines: Under the President’s Construct Back Higher plan, DOI will launch an aggressive program to plug lots of of hundreds of orphan oil and gas properlys, together with many That are nonetheless venting methane, using union staff throughout the nation. Construct Back Higher would scale up The current Deserted Mine Land program, funding historic remediation efforts Which might Finish in dramatic methane emissions reductions from hundreds of presently leaking, abandoned coal mines. This scaled up program would furtherly enlist tens of hundreds of expert staff, particularly in power communities throughout the nation.
• Agricultural Methane Emissions: In his early Government Order on “Tackling the Climate Crisis at Home and Overseas,” the President referred to as on the Dehalfment of Agriculture (USDA) to work with farmers and ranchers to decide voluntary, incentive-based mostly strategyes Which will advance local climate goals. In response, USDA is pursuing a quantity of workstreams To Reduce methane emissions from the agricultural sector, together with (1) the undertakeion Of completely different manure administration methods and completely different methane-reducing practices; (2) the enlargement of on-farm period and use of renewable power; (3) The event of a local climate-smart agricultural commodities halfnership initiative and (4) enhanced fundings in agricultural methane quantification and associated improvements.

Energy, Industry, Transportation, and Other Want-to-Abate Sectors: President Biden acknowledges that accelperiodting clear power undertakeion Across the globe is central to The worldwide internet-zero transition. Energy recurrents Almost all Of worldwide emissions, and clear power utilized sciences That are already value-aggressive are essential for reducing emissions throughout The power, transportation, enterprise, and buildings sectors. America is dedicated to halfnering with authoritiess and enterprise leaders Across the globe to drive the clear power transition Which will strengthen our economies, which is why America Shall be internet hosting the Clean Energy Ministerial and Mission Innovation subsequent yr.  President Biden has launched a quantity of initiatives demonstrating his dedication to halfnering with entrepreneurs and innovators to catalyze The event and deployment of The mannequin new utilized sciences Which will power the clear financial system of The Prolonged time period.  America is halfnering with rising economies to develop deep decarbonization strategies, mobilizing private corporations to drive deployment in need-to-abate industrial sectors, strengthening undertakeion of renewable and nuclear power together with small modular reactors, and launching The subsequent Energy Earthshot to accelperiodte innovation in carbon dioxide perioddicating utilized sciences.

• The First Movers Coalition (FMC), led by the State Dehalfment through the U.S. Particular Presidential Envoy for Climate and the World Economic Discussion board, is a platform for building private-sector demand To hurry clear power know-how innovation and confront the local climate disaster. By way of this flagship public-private halfnership, corporations make buying for dedications all through this decade to ship A clear demand signal for enterpriseizing rising utilized sciences important to attaining internet-zero emissions by 2050. The FMC launches at COP-26 with Greater than 25 Founding Members Which have every made demand dedications, together with A pair of of The Most very important corporations On the earth throughout A Number of industries with lots of of billions of dollars in buying for power. The consumers’ golf equipment assembled by the FMC will create early market demand for improvements throughout eight “need-to-abate” sectors—metallic, trucking, delivery, aviation, aluminum, concrete, chemical compounds, and direct air seize—which recurrent Multiple-third of the world’s carbon emissions today, a proportion set to develop Inside The strategying many yrs.
• Net-Zero World:Based on the goals of the President’s Construct Back Higher World (B3W) initiative, the Dehalfment of Energy is main an initiative in halfnership with the Dehalfment of State, USAID, USTDA, DFC and completely differents, to accelperiodte global power system decarbonization by levperiodging the Dehalfment of Energy’s 17 National Laboratories and deploying the diplomatic, technical and monetary expertise from throughout U.S. authorities enterprisees.  Collectively with the philanthropic group, America will work hand-in-hand with halfner nations To current world-class technical assist To inform every nation’s power decarbonization Method to internet zero and collaborate to implement options.  By way of this complete-of-authorities, holistic strategy, America will assist halfner nations unlock private-sector financing and ship on low-carbon enhancement pathstrategies through U.S. technical expertise on implementation pathstrategies and market reforms. The first Net Zero World halfner nations introduced at COP 26 are Argentina, Egypt, Indonesia, Nigeria, and Ukraine.
• The Clean Energy Demand Initiative (CEDI) levperiodges private sector dedications to deploy clear power utilized sciences by Making a platform for corporations to ship funding alerts to key markets.  By way of CEDI, over 30 corporations have signaled letters of intent To accumulate renewable power to offset electricality demand for A multitude of sectors, together with know-how, manufacturing, retail, and well being. And, over 45 more corporations have expressed curiosity in becoming a member of. Countries in flip will signal assist For prime diploma guidelines to create an enabling environment for company renewable procurement. The renewable power demand from over 75 corporations hAs a Outcome of the potential to unlock As a lot as $67 billion in power infrastructure, as a complement to broader sectoral funding. CEDI will Carry out a platform for stakeholder engagement and nation halfnerships and create a venue for corporations and nations To repeatedly signal funding potential and covperiodge plans. CEDI builds on dedications made by over 325 corporations, through RE100, To maneuver to 100% renewable power by 2050 or earlier. 
• President Biden is saying The subsequent Energy Earthshot to accelperiodte breakthroughs of more plentiful, pretty worthd, and reliable clear power and local climate options Contained in the final decade. Following the Energy Earthshots introduced this yr on Clean Hydrogen and Prolonged-Interval Energy Storage, The mannequin latest problem will goal Carbon Dioxide Removal (CDR). Carbon Adverse Shot is DOE’s all-palms-on-deck name to mobilize Private and non-private evaluation to develop sturdy and scalable CDR strategyes at signalificantly scale againd prices relative to today. DOE will develop rigorous regulars in session with evaluationers and specialists Across the globe To Make assembleive that The complete suite of CDR strategyes that take away carbon dioxide from the environment will ship end outcomes that take carbon out of the environment for The Prolonged time period. Carbon Adverse Shot will accelperiodte The event of CDR as An further and needed system That Can be responsibly deployed in a simply and sustainable technique alongside utilized sciences for aggressive greenhouse gas mitigation.

America and Romania will announce today plans To assemble a “first-of-a-type” small modular reactor (SMR) plant in Romania in halfnership with U.S. NuScale Power, conveying The latest civil nuclear know-how to a essential An factor of Europe.  The halfnership will convey SMR know-how to Romania, placeing U.S. know-how To steer Inside The worldwide race for SMR deployment.  The enterprise settlement will embrace a six-module NuScale plant, initially creating over 3,700 U.S. and Romanian jobs, together with potential union jobs, with the potential to create 30,000 U.S. and Romanian jobs As a Outcome of the enterprise develops. Deployment of SMR know-how Shall be An important contrihoweveror to a decarbonized power sector and internet zero future.

Driving A worldwide Clean Economy: President Biden is dedicated to driving enhancement of a clear global financial system and establishing new coalitions and halfnerships To take action. Constructing on the G7’s June 2021 launch of Construct Back Higher World – a worths-pushed, extreme-regular, and clear infrastructure halfnership to catalyze infrastructure funding and financial progress–the Biden Administration is pursuing efforts throughout The complete Of presidency and with halfners Across the globe to mobilize Private and non-private finance for local climate-smart financial progress and enhancement.

• Right now, President Biden and European Fee President von der Leyen hosted a dialogue with leaders from Across the globe, As properly as to UN Particular Envoy for Climate Movement and Finance Mark Carney and World Financial institution Group President David Malpass, and leaders from Across the globe on how infrastructure halfnerships like Construct Back Higher World will conpresently advance prosperity and fight the local climate disaster. In dialog with leaders from nations with vital infrastructure wants, halficipants talked about how Construct Back Higher World and like-minded infrastructure initiatives Shall be an integral An factor of our wrestle in the direction of local climate change, impress a lot-needed considperiodtion, focus, and resupplys To assist slender the infrastructure wants of low- and center-income nations, and build infrastructure methods that final Rather than infrastructure tasks that lapse.
• America, UK, EU, France and Germany will announce a halfnership with South Africa to chart a course from coal To wash through the creation Of latest jobs and alternatives for South African coal communities. This halfnership will search To sprime As a lot as 1-1.5 gigatons of emissions over The subsequent 20 yrs in assist of South Africa’s accelperiodted transition to a low emission, local climate resilient financial system, and goals to mobilize $8.5 billion for The primary half of financing, through numerous mechanisms together with grants, concessional loans, fundings, hazard sharing and completely different devices For private sector mobilization.
• The U.S. Commerce and Development Agency (USTDA) is creating alternatives for U.S. corporations abroad as nations search to transition to a internet-zero financial system by tackling Definitely one of many primary problems in appeal toing finance for local climate-smart infrastructure: The need for A strong enterprise pipeline for clear enhancement tasks. USTDA, through its Worldwide Partnership for Climate-Smart Infrastructure, has set a objective of $60 million in programming through 2023 to deal with the local climate disaster whereas assisting good-paying U.S. jobs. Prior to now yr alone, USTDA’s programming has been designaled to introduce over $5 billion in clear utilized sciences into rising markets globally through feasibility research and pilot tasks that assist U.S. companies obtain a foothold in markets abroad, and assist host nations show the idea for clear tasks Which will appeal to full-scale funding to develop clearer economies and tackle the infrastructure hole in rising economies.
• USAID is catalyzing private monetary flows for clear enhancement through A selection of packages To join buyers with alternatives in creating nations, halfner with nations to assist the deployment Of unpolluted power infrastructure, scale again air pollution and build resilience. Two new and expanded tasks USAID is saying today embrace a objective To take a place As a lot as $250 million to mobilize $2.5 billion in private finance through its new Inexpertised Recowly Investment Platform to assist clear financial progress globally. USAID May even be developing the U.S.-Europe Energy Bridge with plans To take a place $100m over 10 yrs, topic to Congressional appropriations, tackleing obstacles To wash private funding by assisting regulatory reforms to create open and clear power markets.

Supporting Agriculture And important Ecomethods: Constructing a clear financial system embraces working to shift global financial incentives To acknowledge The worth of forests, oceans, and completely different essential ecomethods. President Biden furtherly acknowledges that fixing the local climate disaster means building a more sustainable and resilient agricultural sector that feeds the world with decrease emissions. The President is launching and developing marque initiatives to convey revolutionary options to agriculture and forest factors. Notably, the President’s Construct Back Higher Framework will current primary monetary assist to farmers and ranchers who undertake “local climate smart agriculture and forestry” practices that scale again greenhouse gas emissions and sequester further carbon shares in soils and vegetation. 

• Plan to Protect Worldwide Forests: Critical Carbon Sinks That is typinamey A primary of its type, complete-of-authorities Plan that launches a decade-long effort to conserve forests and completely different terrestrial and coastal ecomethods that Carry out essential carbon sinks. The Plan assists collective goals America has beforehand endorsed, together with to try To end pure forest loss by 2030; to signalificantly enhance The velocity Of worldwide restoration of degraded panoramas and forestlands; and to sluggish, halt, and reverse forest cowl and carbon loss. The Plan outlines 4 key goals: 1) Incentivize forest and ecosystem conservation and forest panorama restoration; 2) Catalyze private sector funding, finance and action to conserve essential carbon sinks; 3) Construct long-time period performance, and assist The information and methods that enhance accountability; 4) Increase ambition for local climate and conservation action. It notes an intent to dedicate As a lot as $9 billion of our internationwide local climate funding to assist these goals by 2030, topic to Congressional appropriations.
• America and the United Arab Emirates launched the Agricultural Innovation Mission for Climate (Purpose for Climate) alongside Greater than 30 nations and Greater than 45 non-authorities halfners. The initiative’s objective is To enhance and accelperiodte agricultural and meals methods innovation in assist of local climate action. To obtain this objective, Purpose for Climate halfners will work to catalyze greater Private and non-private sector funding in, and completely different assist for, local climate-smart agriculture and meals methods innovation To assist To Increase global ambition and beneathpin more velocityy and transformative local climate action in all nations. Purpose for Climate has already garnered an “early harvest” of $4 billion in enhanced funding in local climate smart agriculture and meals methods innovation, with America planning to mobilize $1 billion over 5 yrs.
• Right now, America May even be saying that It is going to be becoming a member of the High-Level Panel for a Sustainable Ocean Economy. This multi-nationwide initiative is harnessing The power of the ocean to deal with the local climate disaster, current jobs and meals seurity, and accelperiodte sustainable makes use of of the ocean. As a member of the Ocean Panel, the U.S. will develop a nationwide plan to sustainably handle our ocean space beneath nationwide jurisdiction. COP26 is a well timed second To hitch this initiative. The ocean sustains all life on this plainternet, but its well being is beneath menace from greenhouse gas emissions and completely different stressors. On The identical time, the ocean is a supply of local climate options, from reducing delivery emissions, to scaling up offshore renewable power, to shielding coastal ecomethods that retailer carbon and enhance local climate resilience. This is one step in continued efforts To work together on shielding the ocean, together with halfnering with Palau on the Our Ocean Convention in 2022.

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