Robert Besser
08 Apr 2021, 17:10 GMT+10
WASHINGTON, D.C.: The Biden administration has announced it will propose legislation to require the nation's utility companies to produce power through increasing sources of renewable energy.
During the presidential campaign, President Joe Biden said he would work to de-carbonize the nation's electricity sector by 2035, and the entire economy by 2050.
Seeking alternatives to coal and oil-based energy sources, the Biden administration will propose increased reliance on nuclear energy, as well as carbon capture and storage technologies, said Gina McCarthy, White House national climate adviser, during a briefing with reporters.
"We're interested in pursuing this and talking to Congress about it," McCarthy said. "The industry itself sees it as one of the most flexible and most effective tools."
In March, Democrats in Congress proposed a bill to require 80 percent of retail power to come from sources that produce little or no carbon emissions by 2030, and 100 percent by 2035.
Republicans, however, have warned that the legislation would raise energy prices and destabilize the nation's electric grid.
Get a daily dose of Pakistan Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Pakistan Telegraph.
More InformationPARIS, France: A French container company says it will rebuild the destroyed Beirut port within three years. CMA CGM group ...
WASHINGTON D.C.: A U.S. Senate Commerce Committee will conduct hearings this week on a bipartisan bill aimed at boosting programs ...
LONDON, England: Research has shown that COVID-19 infections have dropped some 60 percent in March in Britain, as the nationwide ...
MOSCOW, Russia: - Radio Free Europe has been fined $70,000 by a Russian court.The Russian move was part of a ...
ISTANBUL, Turkey: Turkey has arrested ten former admirals who criticized a government plan to build a canal to the Mediterranean ...
WASHINGTON D.C.: The Biden administration has voiced concern over the slowing pace of senior citizens, aged 65 and older, who ...
LEIDEN, Netherlands: Airbus reported a surprise surge in deliveries in March and a slight increase in deliveries in the first ...
SYDNEY, NSW, Australia - Stocks across Asia were mixed on Tuesday, with a positive bias although moves in either direction ...
SAN FRANCISCO, California: Denim manufacturer Levi Strauss reported better-than-expected earnings for the first quarter ended February 28 and raised its ...
NEW YORK, New York - U.S. stocks took a breather on Monday after last week's relentless rises which took the ...
BESSEMER, Alabama: Amazon.com employees have voted against union representation at a warehouse in Bessemer, Alabama. The final count showed 71 ...
BIG SUR, California: Following a two month closure of California's famed Highway 1 along scenic Big Sur, the roadway is ...