Biden’s game-changing administrative actions for climate at COP27
With rising seas, fighting climate change is a participatory challenge of us against the elements. It is all hands-on deck reducing carbon emissions and increasing carbon drawdown.
President Biden stood by the Red Sea in Egypt on Nov. 11th before delegates from 197 nations at the UN Climate Conference COP27. With Congress hogtied on delivering on any climate change pledges because Republicans had taken a slim majority of the House of Representatives, Biden took command with administrative actions that would slow global warming to achieve the objective of 1.5 degrees C (2.7 degrees F) rise above preindustrial levels by 2030.
Major federal government contractors interested in bidding for any of the over $630 billion that the US Government spends annually would be required to publicly disclose their greenhouse gas emissions, climate-related financial risks and set science-based emission reduction targets.
In short, corporations without a responsible carbon emission plan with accountable benchmarks will not be awarded government contracts. It is a waste of taxpayers’ money for the government to pay companies that are not implementing steps to reduce their carbon emissions while also compensating communities for damages caused by extreme weather events and sea level rise.
Biden’s solution for businesses is not prescriptive or regulatory, but rather market driven and competitive. Businesses are incentivized to develop their best carbon-emission-reducing practices. Game on.
The process is transparent where all may see what companies propose as their best practices. With government contracts at stake, it is likely business groups will collaborate to fast-track the development of best practices and not get caught without a government contract.
This is game over for corporate greenwashing. How green a corporation is will be quantified by the actual amount of carbon emissions being reduced right now and more in the future. Less important are flaunted superficial factors such as percent of recycled materials, number of trees planted, or carbon offsets purchased. Public records will demonstrate to what extent corporations are fighting climate change or colluding with global warming.