Joe Biden announces US-EU-led Global Methane Pledge to reduce methane emissions

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admin November 8, 2021
Updated 2021/11/08 at 9:03 AM

With a month and a half before the 26th Summit of the Parties (COP26), the United Nations climate conference in Glasgow, US President Joe Biden launched the Global Methane Pledge, a US–EU-led initiative to reduce methane emissions by a third by the end of this decade. Mr. Biden made the announcement at the Major Economies Forum on Energy and Climate (MEF) on Friday, which was virtually hosted by the White House and attended by leaders from a number of countries and the EU, as well as UN Secretary-General António Guterres and (India’s) Environment Minister Bhupender Yadav.

Mr. Biden stated of the plan, “This will not only quickly decrease the pace of global warming, but it will also generate a very significant side effect, such as increasing public health and agricultural production.” He added, “We’re mobilising assistance to assist poor nations that join and promise to do something big – vow and grab this virtual [important] opportunity.”

In terms of global warming potential, methane, a greenhouse gas, is 80 times more powerful than carbon dioxide. Natural sources account for approximately 40% of methane emissions, while human-influenced sources account for 60%, such as animal farming, rice cultivation, biomass burning, and so on. On Friday at the MEF, Mr. Guterres warned, “We are quickly running out of time.”

” The globe is on a collision course with 2.7 degrees Celsius warming. COP26 has a strong chance of failing.” Countries will gather in Glasgow in November to assess progress since the Paris Climate Agreement (2015), with some promising to reach net-zero emissions by 2050. The Paris Agreement aims to keep temperature increases below 2 degrees Celsius (with a target of 1.5 degrees Celsius) over pre-industrial levels by enlisting nations to commit to emission reductions.

According to the White House, Mr. Biden requested U.S. Climate Envoy John Kerry, who also spoke at the MEF, to chair a ministerial session with India, China, Russia, and Germany. According to The Hindu, Mr. Kerry has recently returned from a trip to New Delhi, where he attempted, but failed, to persuade the administration to commit to reaching “net zero” by 2050.

India has set a goal of 450 GW of renewable energy capacity by 2030, and Indian Railways has pledged to attain ‘net zero emissions by that year, but the country as a whole has not set a deadline for accomplishing that objective. By 2050, 130 nations are contemplating a net-zero emissions goal.

 

Source: The Hindu

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