Economist Podcasts We’ll again have Paris: Biden’s ambitious climate plans
Nov 11, 2020
Katrine Brahek, The Economist's environment editor, dives into Joe Biden's ambitious climate policies, highlighting their potential and the hurdles of political cooperation. Tim Cross, the technology editor, explores the gaming industry’s evolution with a spotlight on the competition between Xbox and PlayStation 5, alongside the rise of cloud gaming. The conversation also reflects on how climate change intersects with technological advancements, suggesting a shifting landscape in both sectors.
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Biden's Climate Focus
- Joe Biden prioritizes climate change alongside COVID-19, the economy, and racial equity.
- This signals a significant shift in the US political landscape.
Biden's Climate Plan
- Biden's climate plan includes rejoining the Paris Agreement, a net-zero emissions target by 2050, and decarbonizing the electricity grid by 2035.
- He also plans to invest $2 trillion in renewable energy and climate R&D.
Challenges and Opportunities
- A Republican-led Senate may hinder Biden's climate legislation.
- However, he can leverage executive action and the Clean Air Act to reverse Trump's rollbacks and limit new fossil fuel leases.