John Kerry: Biden Administration to Implement Stronger Climate Mandates and Collaborate with China and Russia.

John Kerry, the Special Presidential Envoy for Climate, stated that the Biden administration plans to issue executive orders and climate mandates affecting automobiles and trucks to achieve a 50% reduction in emissions by the end of the decade. Kerry also emphasized the need for lifestyle changes and corporate responsibility to reach net-zero carbon emissions by 2050. The administration plans to go beyond the Inflation Reduction Act, which is projected to achieve a 40% reduction in carbon emissions by the end of the decade. The challenge for the industry is to reduce gas emissions, which is critical to achieving the goal.