Biden gambles on market momentum to override Republican opposition to bold climate goal

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Repub­li­cans warned that Pres­i­dent Joe Biden’s plan to cut U.S. car­bon emis­sions by more than 50% would destroy jobs and hand an eco­nom­ic advan­tage to com­peti­tors, includ­ing Chi­na and Russia.
Biden unveiled the pledge as he con­vened a cli­mate sum­mit of world leaders.
Cam­paign­ers wel­comed the move, but oppo­si­tion from Repub­li­cans in Con­gress will raise ques­tions about how the Biden admin­is­tra­tion can turn a pledge into progress if it strug­gles to enact legislation.
“Pres­i­dent …

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