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Blinken says the U.S. needs to lead the green energy revolution to fight China

Blinken says the U.S. needs to lead the green energy revolution to fight China

U.S. Secretary of State Antony Blink has called for investment in renewable energy to be essential to America’s rivalry with China ahead of the White House climate summit, where Washington leaders want to reaffirm global impact on climate policy.

The top US diplomat warned that America is “lagging behind” the economy, warning in a statement on Monday that China already has nearly a third of the world’s renewable energy patents and is the world’s largest producer and exporter of solar panels, wind turbines. batteries and electric vehicles.

“It’s hard for the US to imagine winning a long-term strategic competition with China if we can’t lead the renewable energy revolution,” he said.

The comments highlighted the commitment of the two largest economies in the world to respond to the climate crisis. Chinese President Xi Jinping says the country will reach zero carbon emissions in 2060 just like Beijing vies to be seen as a leader in global climate negotiations.

The Biden administration has said it wants to “re-enter the climate fight” with the goal of achieving zero net emissions by 2050, four years after the Trump administration withdrew from the Paris climate deal. throw back rules designed to reduce greenhouse gas emissions.

Blinken said that if the U.S. does not sustain clean energy investment, “America will have the opportunity to shape the world’s climate future to reflect our interests and values, and we Americans will lose many jobs. People.”

President Joe Biden, who returned to the Paris agreement in his first day in office, is preparing to host 40 world leaders at the summit of virtual climate on Thursday and Friday to discuss strengthening emissions targets ahead of the UN COP26 climate conference in November. .

John Kerry, U.S. Climate Representative, ados the two countries ’commitment to China over the weekend to tackle climate change, despite rising tensions between world powers.

The U.S. and China are discussing other geopolitical issues, and this week’s summit is also part of an effort to showcase Biden’s new green policies, as his administration seeks ammunition for what he sees as long-term competition with China.

Blinken pushed for a newer economy, stating that the value of the global renewable energy market will be $ 2.15 billion by 2025.

“The current size of the U.S. renewables market is 35 times larger,” he said, adding that the roles of solar and wind technicians are among the fastest growing sectors in the U.S. labor market.

The U.S. Treasury said earlier Monday that it would appoint climate adviser John Morton to coordinate efforts at a new climate zone aimed at harnessing finances to address the threat of climate change.

“Finance and financial incentives will play a key role in providing capital to address the domestic and foreign climate crisis and provide opportunities for economic transformation,” said Finance Secretary Janet Yellen.

Blinken called on other countries to take drastic measures, saying that even if the US achieved zero net emissions overnight, “we will lose the fight against climate change if we cannot cope with more than 85% of the rest of the world’s emissions.”

He also stated that they are ready to oppose the policies of other countries that are reducing the goals of climate change. Although he did not name a country, his remarks on coal and deforestation were addressed to China and Brazil, respectively.

“Our diplomats will question the actions of countries that reject the world or the practices of non-behaving countries,” he said. “When countries continue to rely on coal for their large amounts of energy, or when they invest in new coal factories or allow for massive deforestation, the United States and our partners will hear how harmful these actions are.”

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