Logo

Biden's administration aims to cut industrial greenhouse gas emissions and urge global reductions.

TraderKnows
TraderKnows
07-29

Last Tuesday, shortly after the Biden administration announced plans to seek reductions in industrial greenhouse gas emissions, companies were willing to respond, primarily targeting nitrous oxide and methane.

The Biden administration announced on Tuesday that it will seek to reduce emissions of industrial greenhouse gases like nitrous oxide in the United States, marking a new phase in the national climate change strategy under the Paris Agreement.

The U.S. has previously taken steps to reduce methane emissions and launched an international campaign urging other countries to make significant cuts as well, while also achieving some domestic emission reductions.

Similar to methane, nitrous oxide has a short-lived presence but a significant impact on global warming. Thus, the U.S. hopes that targeting this gas will allow for quick and cost-effective progress in addressing climate change.

"Most discussions about climate change focus on carbon dioxide, but super pollutants like methane and nitrous oxide account for half of the climate change we're experiencing today," said John Podesta, Senior Advisor to the President on International Climate Policy.

The White House launched this effort on Tuesday through an event and announced that some industrial companies, such as Ascend Performance Materials, are voluntarily taking action to reduce nitrous oxide emissions.

Nitrous oxide emissions come from a variety of sources, including certain fertilizers and the production of synthetic materials like nylon.

SKYPE TU

公众号2

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End

Wiki

Macroeconomics

Macroeconomics is the study of the overall economic activities of a country or region, focusing on the aggregate behavior and performance of the economy.

Organization

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.

Logo

Contact Us

Social Media

footer1