Biden says he is looking forward to working with Putin on climate change and pushes for more green-friendly jobs alongside billionaires Bill Gates and Mike Bloomberg on second day of summit
President Joe Biden on Friday said he was heartened by Russian President Vladimir Putin's call for collaborative efforts on removal of carbon dioxide to combat climate change, and looked forward to working with Russia.
Biden spoke Friday morning as part of the second day of the White House's Leaders Summit on Climate, which featured appearances from Michael Bloomberg and Bill Gates as well.
'Today's final session is not about the threat climate change poses, it's about the opportunity that addressing climate change provides,' Biden said. 'It's an opportunity to create millions of good paying jobs around the world in innovative sectors.'
President Joe Biden said Friday he was heartened that Russian President Vladimir Putin vowed to work with world leaders to decrease carbon emissions as he opened day No. 2 of the White House's Leaders Summit on Climate
Russian President Vladimir Putin virtually attended day No. 1 of the White House's Leaders Summit on Climate
He touted the great progress the leaders had already made, adding more efforts were needed by governments and the private sectors to ensure a smooth transition to a clean energy future.
'When we invest in climate resilience and infrastructure, we create opportunities for everyone,' Biden said.
The president used that moment to promote his American Jobs Plan, which is still being negotiated on Capitol Hill.
'This is a moment for all of us to build better economies for our children, our grandchildren,' the president continued.
Biden said America 'is once again stepping into a leadership role' and pledged to cooperate with other nations in researching and deploying new strategies to decarbonize key industries.
Biden said future jobs will involve installing electric-vehicle charging stations, manufacturing solar panels, researching sustainable farming practices and working in other new industries.
But he said economic transitions shouldn't leave other workers behind.
He said, 'We must ensure that workers who thrived in yesterday's and today's industries' also have a bright future.
Billionaire former New York City Mayor Michael Bloomberg, who briefly ran against President Joe Biden in last year's Democratic primary, argued Friday that combatting climate change will depend on improving financial transparency about the risks of global warming
Bloomberg, the billionaire ex-New York City mayor who briefly was Biden's Democratic primary rival last year, and Gates, Microsoft's co-founder, helped pitched Biden's climate-friendly transformation of the U.S. economy on day No. 2 of the summit.
Bloomberg said combatting climate change will depend on improving financial transparency about the risks of global warming.
Bloomberg said Friday that companies need to provide financial disclosures on climate risks, so that investors can direct funding to businesses that are mitigating the threats of climate change.
He said it will take historic investments to beat the challenge of global warning.
Bloomberg said mayors and CEOs tell him they want to do more to tackle climate change but need more help.
The multibillionaire founder of a financial data and news company is a special U.N. envoy on climate change issues.
Billionaire Microsoft co-founder Bill Gates thanked President Joe Biden and U.S. climate envoy John Kerry for re-establishing America’s leading role on climate,' which some interpreted as a dig at former President Donald Trump
Gates thanked Biden and U.S. climate envoy John Kerry 'for re-establishing America’s leading role on climate' - which some considered a dig at former President Donald Trump, who pulled the U.S. out of the Paris climate agreement in the early months of his administration.
'This is a promising moment,' Gates said.
Gates said activists and young people are rightly demanding action.
He said, 'Governments around the globe are meeting those demands with ambitious commitments.'
Gates said climate change is 'an incredibly complex issue and using just today´s technologies won´t allow us to meet out ambitious goals.'
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