I was proud for the U.S. to resume environmental leadership and encouraged by President Biden’s remarks at COP27. It’s encouraging that he met with Chinese President Xi, resetting climate cooperation between our countries.
At COP27, President Biden outlined enacted legislation for upgrading the U.S. grid to transmit renewables https://lnkd.in/g3fHy25D, expanding infrastructure and civil works such as rail and energy efficiency of buildings. Other clean economy initiatives included in the bill range from expanding off-shore wind programs and distributed solar to zero-emission vehicle manufacturing and climate-smart agriculture and forestry.
We should see these investments for what they are: A jump-start for badly needed U.S. industrial policy. It can catalyze an innovation engine that cuts costs and boosts the performance of clean energy technologies here and around the world.
The meeting timing between President Xi and Biden was ideal; COP27 was in full swing, indirectly increasing other countries’ environmental commitments.
In the U.S. and abroad, we are seeing environmental policy create high-value jobs in manufacturing and throughout the value chain while reducing energy costs for consumers, a great triple bottom line. Read post here