U.N. Intergovernmental Panel on Climate Change report concludes that greenhouse gas emissions must peak by 2025 to hit goal of limiting global temperature rise to 1.5°C, or 2.7°F.
President invoked the Defense Production Act to strengthen the domestic supply chain, as senators and industry debated strategies and risks to cut reliance on Russia, China and other “unreliable foreign sources” for key metals needed in U.S. manufacturing, clean energy.
Corps, BuRec funds go for port, inland waterways, flood protection and rural projects to improve freight flow, provide climate change resilience and help disadvantaged communities.
As the Biden administration ramps up efforts to include consideration of project greenhouse gas emissions impacts in policymaking, court developments and a March 24 Federal Energy Regulatory Commission action show a fluctuating path toward final carbon effect rules.
Developers weigh options to expedite export infrastructure as Biden administration pushes market to help Europe cut Russia ties, but U.S. and global clean energy pressure clouds long term growth outlook. Issues also are set to scale up mining projects in the U.S.
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