President Joe Biden to sign executive order addressing climate change

President Joe Biden on Wednesday is set to sign several executive orders to tackle climate change and transition the country to a clean energy economy, the White House said.

The executive actions include establishing climate change as a national security priority, conserving at least 30% of federal land and oceans by 2030 and canceling new oil and gas leases on public lands and waters, according to a review of the orders released by the administration.

Biden’s executive agenda will also focus on creating green jobs and union opportunities as well as environmental justice for communities disproportionally impacted by climate change.

The administration said the climate actions will build modern and sustainable infrastructure while restoring scientific integrity in the federal government. The orders further the president’s agenda to cut carbon emissions from the electricity sector by 2035 and achieve net-zero emissions by 2050.

Biden, who has staffed the White House with a historic number of climate experts, signed an order last week to rejoin the U.S. into the Paris climate accord, a landmark agreement among nations to curb their emissions. He also canceled construction of the Keystone XL pipeline from Canada to the U.S.

The president plans to deliver remarks and sign the orders at 1:30 p.m. ET. Biden’s special climate envoy John Kerry and national climate advisor Gina McCarthy are set to brief reporters on the administration’s plans.

The Biden administration will also convene the Climate Leaders’ Summit on April 22, which will gather global leaders to discuss climate change issues. The summit will likely be remote during the coronavirus pandemic.

Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.


Connect with CNBC News Online

#CNBC
#CNBCTV

[kylejensen]

“You can’t use executive orders unless you’re a dictator” - Beijing Biden, October 2020

Edit: Biden signed 33 executive orders his first week in office, the next closest was 5 by Obama.

[GoldRaven-oeby]

Ah yes get rid of more jobs great job biden

[BigMike]

Biden making me interested in Canadian oil and gas companies

[BusterMSC]

This video explains Putins price hike. Thanks Joe!!!!

[dagmastr]

Yes we need to be reliant on middle eastern oil.

[marekkolenda]

Dispute be resolve in court system decision not Biden administration

[GordonGekko]

WTI is gonna go to 100 again and my canadian oil stocks are gonna rocket

[AgentX]

President Biden keeps showing the world how democracy in the U.S. works!😄👍

[noname-bfge]

CNBC needs to read the comment section.

[clubberlang]

A carbon tax should fix the global warming cycle we’re

[johnmarkham]

I hope Biden will get it done in a hurry, a big snowstorm is going to be here in a few days.

[kek]

Perfect. Renewable energy is the future we need to push the economy towards sustainability.

[sharmellkeane]

Cool he's getting pen to paper from the get go. Wasn't my first choice but action is needed. They work for us. The visuals suggest a new industry so jobs will ideally replace jobs :)

[trevorritchie]

Right move. Short term pain long term gain

[jasonlucero]

People will be kicking themselves in few weeks if they miss the opportunity to buy and invest in bitcoin

[trashpandalife]

Please cancel all the leases, not just the ones on federal land. We must quickly undo the dangerous environment damaging actions of the previous admin. Thank you for not being short sighted and putting the environment first.

[cybrfriends]

God Bless President Joe Biden, God Bless America and its Democracy!
Finally leadership we can have hope and believe in