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US to propose emissions cut of up to 50% by end of decade

Goal relative to 2005 levels to be announced as Biden hosts 40 world leaders at climate summit

US President Joe Biden is set to announce the country’s steepest ever emissions cuts, as he hosts 40 world leaders on Thursday for a summit on climate change that will include China’s Xi Jinping and Russia’s Vladimir Putin.

Biden is expected to pledge to reduce US greenhouse gas emissions by as much as 50 per cent by 2030 relative to 2005 levels, according to people familiar with the administration’s thinking.

That marks a significant acceleration of the Obama administration’s pledge to cut emissions by 26-28 per cent by 2025.

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