Daily on Energy ⚡— The travails JohnKerry has faced as he heads to China
KERRY TO CHINA: U.S. climate envoy John Kerry is slated to travel to China on Sunday to meet with his counterpart, Xie Zhenhua.
Where things stood previously: Kerry had touted an agreement on cooperation with China on emissions in late 2021, but the deal lacked concrete pledges, emissions targets, or timeframes. Leader Xi Jinping subsequently seemed to dismiss the deal, saying that he wouldn’t allow the goal of reducing carbon emissions to disturb the economy and that the country must “overcome the notion of rapid success” on climate change. The government this year also approved a surge in coal power.
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In total, wind and solar will generate roughly 33% of global power generation, RMI said, compared to around 12% generated by wind and power currently. Some oilfields in Libya were shutdown because of tribal protests over the kidnapping of a former minister and Shell suspended some work in Nigeria because of a leak at a terminal, according to Reuters.
EPA administrator Michael Regan said the funds “will spur private investment into clean technology projects and expand economic opportunity for communities that have been left behind, for families that want lower energy costs, and for workers who need good-paying jobs.”
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