About This Source - Bloomberg QuickTake: Now
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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 Says Fighting Climate Change Can Create Millions of Good-Paying Jobs” – below is their description.
Opening the final session of the two-day virtual global climate summit, President Joe Biden says he wants to shift the conversation from climate threat to economic opportunities.
Biden said Friday, “This is a moment for all of us to build better economies for our children, our grandchildren.”
Biden says America “is once again stepping into a leadership role” and pledges to cooperate with other nations in researching and deploying new strategies to decarbonize key industries.
Biden says future jobs will involve installing electric-vehicle charging stations, manufacturing solar panels, researching sustainable farming practices and working in other new industries. But he says economic transitions shouldn’t leave other workers behind. He says, “We must ensure that workers who thrived in yesterday’s and today’s industries” also have a bright future.
Biden says the hard work of implementing the ambitious climate change targets lies ahead and the two-day summit “is a start.”
Much of the proposed spending to address climate change is included in Biden’s $2.3 trillion infrastructure bill, which would pay for new roads, safe bridges and reliable public transit, while boosting electric vehicles, clean drinking water and investments in clean energy such as solar and wind power.
Biden’s plan faces a steep road in the closely divided Senate, where Republicans led by McConnell have objected.
The White House says administration officials will continue to reach out to Republicans and will remind them that the proposal’s ideas are already widely popular with Americans of all political persuasions.
The urgency comes as scientists say that climate change caused by coal plants, car engines and other fossil fuel use is worsening droughts, floods, hurricanes, wildfires and other disasters and that humans are running out of time to stave off catastrophic extremes of global warming.
The event has featured the world’s major powers – and major polluters – pledging to cooperate on cutting petroleum and coal emissions that are rapidly warming the planet.
In an announcement timed to his summit, Biden pledged the U.S. will cut fossil fuel emissions as much as 52% by 2030.
Allies joined the U.S. in announcing new moves to cut emissions. That’s ahead of November’s U.N. climate summit in Glasgow, where governments will say how far each is willing to go to cut the amount of fossil fuel fumes it pumps out.Bloomberg Quicktake: Now YouTube Channel
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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.
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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
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In This Story: Republicans
The Republican Party, sometimes also referred to as the GOP (Grand Old Party), is one of the two major contemporary political parties in the United States, along with its main, historic rival, the Democratic Party.
It was founded on 20th March 1854 and has its contemporary headquarters in Washington, D.C., United States. The present leadership is Ronna McDaniel (chairwoman).