Johnson to unveil new goal for emission cuts ahead of Biden summit – FT



© Reuters. FILE PHOTO: A cyclist rides past an electric public bus on the day that Mayor of London Sadiq Khan outlined plans to place a levy on the most polluting vehicles in London, Britain

(Reuters) – British Prime Minister Boris Johnson will announce a new pledge to cut carbon emissions by 78% by 2035 compared to 1990 levels, the Financial Times reported on Monday.

The country will commit to steeper cuts this week ahead of a U.S. climate summit that will be hosted by President Joe Biden, FT reported https://www.ft.com/content/a8c749b1-35fe-4613-a9b8-45688177843c, citing people briefed on the plan.

Emissions from international aviation and shipping were likely to be included in Britain’s new target, the paper added.

Biden has invited leaders from roughly 40 countries including China, India, Brazil and Russia, and is planning a pledge to cut its greenhouse emissions by at least half and securing agreements from allies for faster reductions.

Britain is also preparing to host the United Nations’ Climate Change Conference, known as COP26, in November.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

READ  Nigeria case against JP Morgan over OPL 245 oil deal to go to trial

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





READ SOURCE

LEAVE A REPLY

Please enter your comment!
Please enter your name here