Biden Pledges US$2.3 Billion to Fight Climate Crisis

US President Joe Biden has committed US$2.3 billion to mitigate the current and future impacts of climate change. The capital will be invested into the Building Resilient Infrastructure and Communities (BRIC) programme, helping communities increase their resilience against heat waves, droughts, wildfires, floods, hurricanes and other extreme climate-fuelled disasters. The Biden administration also plans to provide additional support for offshore wind and energy development in the Gulf of Mexico, enforcing new workplace standards so workers are more protected from extreme weather. The President stopped short of declaring climate change is a federal emergency, which would grant him further powers. Biden said: “I have a responsibility to act with urgency and resolve when our nation faces clear and present danger.  And that’s what climate change is about.  It is literally, not figuratively, a clear and present danger. Extreme weather disrupts supply chains, causing delays and shortages for consumers and businesses. Climate change is literally an existential threat to our nation and to the world.”

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