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Multi-Asset Trading Venue Monochrome Exchange Announces IEO of Its Native Token, $MCR
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Mass drone barrage on Moscow kills two
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South Korea break Japan hearts to win Asian Games basketball gold
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82-year-old dies after beach fight in Greece over sun lounger
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US warns of rapid escalation in Mideast war
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PSG president Nasser al-Khelaifi under investigation in France for conflict of interest
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Iran 'put hearts on the court' to win Asian Games basketball bronze
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China swim sensation, 13, sets Games record after Japan win early
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School girl Yu helps China dominate in Asian Games swimming openers
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Myanmar win first Asian Games teqball gold as Spain great Puyol watches
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New England boss Fleming says 'wrong' to ask Stokes to end retirement
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China's 13-year-old Yu scorches to first major gold at Asian Games
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Germans vote in elections threatening fresh blow to Merz
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Russians vote on last day of parliamentary elections
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Hong Kong pays final respects to former city leader Tung
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Japan triathlete Hojo wins first gold of Asian Games
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China's 13-year-old Yu cruises as Asian Games swimming begins
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First Asian Games gold goes to Japan as China's 13-year-old Yu lights up pool
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AI 'warning shots' focus Beijing on national security risks
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Pope Leo in France: the issues on the table
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Leo XIV, first US pope transcends his restrained style
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Singer Ed Sheeran says Gaza situation 'unjustifiable' following controversy
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Republicans find transgender issues a powerful political weapon in midterm campaigning
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German state elections threaten new shock waves for Merz
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Ed Sheeran set to return to stage after Palestinian controversy
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Chile's Bachelet quits race to be next UN chief
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Toulouse edge Vannes, Lyon beat Pau to take Top 14 summit
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Germans arrested for Louvre stunt in Mona Lisa hall
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Thiam makes winning heptathlon return at Decastar meet
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Saudi-led coalition says Houthis fired ballistic missile at Riyadh
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Czechs beat USA to qualify for Davis Cup finals
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France's debt climbs to highest since 1978: ministry
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Dortmund sink Stuttgart to climb to Bundesliga summit
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McIlroy two shots off the lead at Wentworth after eagle on 18
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Trump says will not tolerate attempts to slow AI growth
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Martinez brace saves Inter in Serie A top-two clash with Roma
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'It has to stop': runners protest women's murders in S.Africa district
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Rosenior abused but guides Paris FC past old club Strasbourg
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Biden vows climate action as heat waves slam US, Europe
US President Joe Biden unveiled a series of executive measures Wednesday to combat climate change and pledged more to follow, seeking to advance his environmental agenda stalled by unsupportive lawmakers and a conservative Supreme Court.
Summer heat waves have highlighted the threat, with 100 million people in the United States under excessive heat alerts, and devastating record temperatures causing misery across Europe.
"Climate change... is literally, not figuratively, a clear and present danger," Biden said, announcing a $2.3 billion investment to help build US infrastructure to withstand climate disasters.
"The health of our citizens and our communities is literally at stake... Our national security is at stake as well. (...) And our economy is at risk. So we have to act."
Biden, delivering his address at a former coal power plant in Massachusetts, said his administration would not hesitate to do whatever is necessary, with or without lawmakers on board.
"Congress is not acting as it should... This is an emergency and I will look at it that way. As president, I'll use my executive powers to combat the climate crisis," he said.
But he stopped short of declaring a formal emergency, which would grant him additional policy powers.
- Repeated setbacks -
Biden began his term last year promising to fulfill campaign pledges to tackle the global climate crisis, but his agenda has faced blow after blow.
His first day in office, Biden signed an executive order to bring the United States back into the Paris climate agreement, followed later by an ambitious announcement that he was targeting a 50-52 percent reduction from 2005 levels in US net greenhouse gas pollution by 2030.
But his signature Build Back Better legislation, which would have included $550 billion for clean energy and other climate initiatives, is all but dead after failing to receive the necessary backing in Congress as Democrat Joe Manchin said he would not support the bill in a evenly divided Senate.
And last month, the Supreme Court ruled that the Environmental Protection Agency (EPA) cannot issue broad greenhouse gas regulations without congressional approval.
The Biden administration has framed climate policies as a national security issue, made all the more urgent by soaring fuel prices in the wake of Russia's invasion of Ukraine.
"Not only does it affect our infrastructure... It has an impact on our readiness," White House spokesman John Kirby said Tuesday.
State Department spokesman Ned Price pointed to the extreme heat wave tormenting Europe this week -- with Britain recording a temperature of 104 degrees Fahrenheit (40 degrees Celsius) -- as more proof that climate action cannot wait.
"We are committed to taking advantage of this moment and doing everything we can, including on the world stage," Price told reporters, "to ensure that this decisive decade does not go by without us taking appropriate action."
H.Seidel--BTB