About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “Biden Pledges to Cut U S Fossil Fuel Emissions in Half During Climate Summit” – below is their description.
President Joe Biden convened leaders of the world’s most powerful countries on Thursday to try to spur global efforts against climate change, drawing commitments from Chinese President Xi Jinping and Russian President Vladimir Putin to cooperate on cutting emissions despite their own sharp rivalries with the United States.
“Meeting this moment is about more than preserving our planet,” Biden declared, speaking from a TV-style set for a virtual summit of 40 world leaders. “It’s about providing a better future for all of us,” he said, calling it “a moment of peril but a moment of opportunity.”
“The signs are unmistakable. the science is undeniable. the cost of inaction keeps mounting,” he added.
Biden’s own new commitment, timed to the summit, is to cut U.S. fossil fuel emissions up to 52% by 2030. marking a return by the U.S. to global climate efforts after four years of withdrawal under President Donald Trump. Biden’s administration is sketching out a vision of a prosperous, clean-energy United States where factories churn out cutting-edge batteries for export, line workers re-lay an efficient national electrical grid and crews cap abandoned oil and gas rigs and coal mines.Bloomberg Quicktake: Now YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
In This Story: Climate Change
Climate Change is the name commonly given to the notion that the Earth is undergoing a changing climate as a result of human activity, including notable leaders, scientists and naturalists including Sir David Attenborough.
Climate change includes both the global warming driven by human emissions of greenhouse gases, and the resulting large-scale shifts in weather patterns.
2 Recent Items: Climate Change
In This Story: Donald Trump
Donald John Trump was the 45th President of the United States. Before entering politics, he was a businessman and television personality. Trump was born and raised in Queens, a borough of New York City, and received a bachelor’s degree in economics from the Wharton School.
5 Recent Items: Donald Trump
In This Story: Joe Biden
Joe Biden is an American politician serving as the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under Barack Obama and represented Delaware in the United States Senate from 1973 to 2009.
He is married to Dr Jill Biden.
Books by Joe Biden #Ad
6 Recent Items: Joe Biden
In This Story: Putin
Vladimir Vladimirovich Putin is a Russian politician and a former officer of the KGB who has served as President of Russia since 2012, previously holding the position from 1999 until 2008. He was also the Prime Minister of Russia from 1999 to 2000 and again from 2008 to 2012.
5 Recent Items: Putin
In This Story: United States
4 Recent Items: United States
In This Story: Vladimir Putin
Vladimir Putin is a Russian politician and a former intelligence officer who has served as President of Russia since 2012, previously being in the office from 1999 until 2008. He was also Prime Minister of Russia from 1999 to 2000 and again from 2008 to 2012.
4 Recent Items: Vladimir Putin
In This Story: XI Jinping
Xi Jinping has been the President of China since 2013 and General Secretary of the Chinese Communist Party (CCP) and Chairman of the Central Military Commission (CMC) since 2012.