Stocks Decline Amid Economic Data, Virus Woes: Markets Wrap – Yahoo Canada Finance
(Bloomberg) — President Joe Biden pledged to halve U.S. greenhouse gas emissions by 2030 as he convened 40 world leaders in a virtual summit intended to demonstrate renewed American resolve to fight climate change and pressure wary nations to raise their own ambitions.Biden announced in opening remarks for the two-day summit that the U.S. will reduce its own greenhouse gas emissions 50%-52% from 2005 levels by the end of the decade — significantly boosting a commitment made under former President…