At the G-7 summit in the U.K. last week, President Joe Biden joined other world leaders in pledging to end their support for the coal industry amid growing concerns over global climate change, The Washington Times reported.
Government support for coal power generation from G-7 nations including the U.S., Japan, and Germany is set to end by the end of this year.
Cutting off coal
According to a fact sheet provided by the White House, Biden and other G-7 leaders, including Canada’s Justin Trudeau and France’s Emmanuel Macron, “agreed to a set of concrete actions to accelerate the global transition away from coal generation as part of our efforts to combat the climate crisis.”
The White House’s fact sheet claimed “unabated coal power generation is the single biggest source of greenhouse gas emissions globally.”
“Consistent with President Biden’s domestic leadership, G7 Leaders will commit to an end to new direct government support for unabated international thermal coal power generation by the end of this year,” it added.
In addition to power production, the group also hopes to limit carbon emissions by making cutbacks in areas including transportation and agriculture, The Washington Times said.
“Build Back Better” goes global
Besides climate change, other topics broached at the weekend G-7 included the ongoing coronavirus pandemic and its effects on the global economy, as well as national security threats out of the Middle East, Russia, and China.
According to Breitbart, global leaders also backed multitrillion-dollar investments in infrastructure “for low- and middle-income countries” as part of what they’re calling the “Build Back Better World initiative.”
The effort comes in direct competition with “China’s trillion-dollar Belt and Road infrastructure initiative, which has been widely [criticized] for saddling small countries with unmanageable debt,” Breitbart said.
For Biden, it’s “not just about confronting or taking on China,” one senior White House official told The Washington Times — but that’s a key part. “Until now, we haven’t offered a positive alternative that reflects our values, our standards, and our way of doing business,” the official added.
“Part of the club”
Republicans, for their part, are concerned that Biden’s approach to global politics will allow other countries to take advantage of America in ways former President Donald Trump blocked. Those fears were only heightened when France’s Macron released a statement saying that “it’s great to have a U.S. president part of the club and very willing to cooperate,” as Newsmax reported.
Trump himself fired back:
They were taking advantage of the United States and therefore, of course, they like Biden because now they will be allowed to return to their old ways of ripping off our Country. If I were a leader of these countries, I too would like Biden far better than President Trump.