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White House Considers Emergency Declaration to Fight Climate Change

  • Strategy could lift clean energy as congressional work stalls
  • Plan could steer federal dollars to heat-ravaged communities
Bloomberg business news
Biden Set to Announce Executive Action on Climate Change
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President Joe Biden on Wednesday will announce executive action to confront climate change, including plans to steer federal dollars to heat-ravaged communities, though he’s holding off for now on an emergency decree that would allow him to marshal sweeping powers against global warming. 

The president will outline the steps he’s taking at a shuttered coal-fired power plant in Massachusetts, vowing that he won’t allow a congressional impasse on climate legislation to put off urgent action to slow rising global temperatures, according to a White House official who asked to speak anonymously before the speech is delivered.