Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

John Kerry says climate threat calls for wartime urgency: ‘Turn factories into solar panel producers’

by January 18, 2023
January 18, 2023
John Kerry says climate threat calls for wartime urgency: ‘Turn factories into solar panel producers’

U.S. Climate Envoy John Kerry told the World Economic Forum in Davos, Switzerland, on Wednesday that the fight against climate change will only succeed if people around the world take on a wartime footing and accelerate action to curb carbon emissions.

When asked if the world will meet the shared goal of limiting the global temperature increase to 1.5 Celsius by 2032, he said that target won’t be met given the current amount of effort being made.

‘We can’t hit 1.5,’ he said. ‘We’re not on track to do it now, and it’s not clear, absolutely clear that we will get on track.’,

‘We have to right now be deploying the largest solar field in the world, every day, for the next years in order hit the 1.5,’ he added. ‘We have to be deploying renewables six times faster than we are today.’

‘We can do this, but there is not yet the kind of commitment, broadly, that is necessary to make it happen,’ Kerry said.

He said much more ‘collective will’ is needed ‘as if we were at war and ready to turn factories into solar panel producers. I think some of that is what we need.’

Kerry told the World Economic Forum on Tuesday that another key to fighting climate change is ‘money, money, money, money, money, money, money.’ On Wednesday, he said governments need to find a way to encourage investment in green technology companies even when they are ‘slightly riskier.’

But Kerry said government can only do so much, and that it’s time to lean on private companies to fund the green revolution. He said even the Inflation Reduction Act, which promised hundreds of billions to fight climate change, isn’t enough.

‘All of us need to be doing even more,’ he said. ‘Frankly, we wanted to do more than what we’ve already done in the Inflation [Reduction] Act, which is extraordinary. President Biden started at $1 trillion plus.’

‘No government is going to solve this problem,’ he added. ‘Let’s understand that. No government has enough money to plug those trillions and do what we have to do. So like it or not, we must find a way to create the incentives that bring the private sector to the table.’

He said another key is getting governments to speed up decisions to allow for the installation of green infrastructure.

‘We don’t have time to do business as usual,’ he said. ‘You cannot take 10 years with endless litigation to decide whether or not you’re going to deploy a wind farm in a place where it obviously makes sense and where other people are deploying.’

Pete Kasperowicz is a politics editor at Fox News Digital.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Hawaii to make universal preschool available for children ages 3 to 4 within 10 years
next post
Trump says classified document folders were ‘cool’ keepsake

You may also like

Washington Federal Judge Makes Contradictory Rulings on 6...

October 5, 2022

Elon Musk Fired Top Twitter Execs “with Cause”...

October 30, 2022

First on Fox: Top outside group backing House...

October 8, 2024

AEI launches ‘American Dream Initiative’ as think tank...

January 10, 2023

Florida Coast Guard asks for help with migrant...

January 13, 2023

NATO welcomes 32nd member, expert warns bigger bloc...

March 8, 2024

“Where’s Jackie?” – Biden Asks Referring to Rep....

September 28, 2022

Biden honors late Pope Benedict XVI at Holy...

January 6, 2023

Wisconsin Gov. Evers appoints farmer to Natural Resources...

January 11, 2023

AI ‘voice clone’ scams increasingly hitting elderly Americans,...

May 19, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025
    • Tech ETFs are Leading Since April, but Another Group is Leading YTD

      June 7, 2025
    • TIMELINE: Inside the evolving relationship between Trump and Musk from first term to this week’s fallout

      June 7, 2025
    • Deadly drone wars are already here and the US is horribly unprepared

      June 7, 2025
    • Week Ahead: NIFTY’s Behavior Against This Level Crucial As The Index Looks At Potential Resumption Of An Upmove

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,564)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved