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COP27: Biden says the climate crisis is about "very life of the planet"

By William James SHARM EL-SHEIKH, Egypt (Reuters) -U.S. President Joe Biden addressed the COP27 climate conference in Egypt on Thursday, saying the global climate crisis posed an...
COP27: Biden says the climate crisis is about © Reuters. U.S. President Joe Biden delivers a speech at COP27 climate summit, in Sharm el-Sheikh, Egypt, November 11, 2022. REUTERS/Mohamed Abd El Ghany

By William James

SHARM EL-SHEIKH, Egypt (Reuters) -U.S. President Joe Biden addressed the COP27 climate conference in Egypt on Thursday, saying the global climate crisis posed an existential threat to the planet and promising that the United States was doing its part to combat it.

"The climate crisis is about human security, economic security, environmental security, national security, and the very life of the planet," Biden said, before outlining steps the United States, the world’s second-biggest greenhouse gas emitter, was taking.

"I can stand here as president of the United States of America and say with confidence, the United States of America will meet our emissions targets by 2030," he said

His speech was intended to remind government representatives gathered in Sharm el-Sheikh to keep alive a goal of keeping the global average temperature rise within 1.5 degrees Celsius to avert the worst impacts of planetary warming. It came even as a slew of crises - from a land war in Europe to rampant inflation - distract international focus.

"Against this backdrop, it's more urgent than ever that we double down on our climate commitments. Russia's war only enhances the urgency of the need to transition the world off its dependence on fossil fuels," he said.

Prior to his arrival, Biden’s administration sought to set the stage by unveiling a domestic plan to crack down hard on the U.S. oil and gas industry’s emissions of methane, one of the most powerful greenhouse gases, in a move that defied months of lobbying by drillers.

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

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Moving Avg:

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EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

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Moving Avg:

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GBP/USD

1.2475

-0.0015 (-0.12%)

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USD/JPY

157.91

+0.12 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

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AUD/USD

0.6469

-0.0003 (-0.05%)

Summary

Neutral

Moving Avg:

Buy (10)

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Indicators:

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USD/CAD

1.3780

+0.0003 (+0.03%)

Summary

↑ Buy

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EUR/JPY

168.32

+0.10 (+0.06%)

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↑ Buy

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EUR/CHF

0.9808

+0.0001 (+0.01%)

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Gold Futures

2,295.80

-7.10 (-0.31%)

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Silver Futures

26.677

+0.023 (+0.09%)

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Copper Futures

4.5305

-0.0105 (-0.23%)

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Crude Oil WTI Futures

81.14

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Brent Oil Futures

85.62

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Natural Gas Futures

1.946

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US Coffee C Futures

213.73

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Euro Stoxx 50

4,920.55

-60.54 (-1.22%)

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S&P 500

5,035.69

-80.48 (-1.57%)

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DAX

17,921.95

-196.37 (-1.08%)

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FTSE 100

8,144.13

-2.90 (-0.04%)

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Buy (2)

Sell (4)

Hang Seng

17,763.03

+16.12 (+0.09%)

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Moving Avg:

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Sell (6)

US Small Cap 2000

1,973.05

-42.98 (-2.13%)

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Sell (7)

IBEX 35

10,854.40

-246.40 (-2.22%)

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Neutral

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Buy (6)

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BASF SE NA O.N.

49.155

+0.100 (+0.20%)

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Bayer AG NA

27.35

-0.24 (-0.87%)

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Allianz SE VNA O.N.

266.60

+0.30 (+0.11%)

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Moving Avg:

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Sell (12)

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Buy (3)

Sell (5)

Adidas AG

226.40

-5.90 (-2.54%)

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Moving Avg:

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Sell (12)

Indicators:

Buy (2)

Sell (7)

Deutsche Lufthansa AG

6.714

-0.028 (-0.42%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

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Buy (9)

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Siemens AG Class N

175.90

-1.74 (-0.98%)

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Moving Avg:

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Deutsche Bank AG

15.010

-0.094 (-0.62%)

Summary

Neutral

Moving Avg:

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Indicators:

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Sell (2)

    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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Cập nhật 01-05-2024 10:45:19
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Cập nhật lúc 10:45:15 01/05/2024
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