Biden leads charge for batteries at leaders’ summit on policies to combat climate change

by John Shepherd
President Joe Biden today put investments in battery technology at the heart of a package of measures the US sees as necessary to combat climate change.

Biden told the virtual Leaders’ Summit on Climate that part of the US response to combating climate change including investing in new energy technologies and electric vehicles.

"I see autoworkers building the next generation of electric vehicles, and electricians installing nationwide for 500,000 charging stations along our highways,” he said.

Biden’s remarks to other world leaders came after he committed to "position the US to ship American-made, clean energy products — like EV batteries – around the world”, as part of a ‘make in America’ programme.

'Energy storage exports'

Meanwhile, the Biden administration unveiled its ‘US International Climate Finance Plan’ – with a pledge that the Export-Import Bank (EXIM) of the United States "will identify ways to significantly increase… its support for environmentally-beneficial, renewable energy, energy efficiency, and energy storage exports” from the US.

Under the plan, US agencies including EXIM and the Department of State "will work together to build a strong investable project pipeline”.

In addition, the Biden administration has set a new target of "a 50%-52% reduction in US greenhouse gas pollution” by 2030 from 2005 levels.

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