Biden hosts climate meeting amid high pressure on gas prices

WASHINGTON: US President Joe Biden, who has recently focused on increasing oil production to reduce rising gas priceswill pay attention to climate change Friday when he convenes a virtual meeting of some of the world’s biggest economies.
Participants will include China, Germany, Saudi Arabia, the UK and the EU. Also in attendance will be Egypt, which is hosting the next UN climate change summit, and the UN secretary-general Antonio Guterres.
The conference is known as the Major Economies Forum on Energy and Climate and began under President Barack Obama in 2009.
The White House said the meeting is a “continuation of the president’s efforts to use every lever to address the global climate crisis.”
Senior administration officials, who were not authorized to comment publicly ahead of the event, said Biden would use the opportunity to urge his counterparts to embrace additional efforts to reduce greenhouse gas emissions.
Priorities include reducing methane leaks and increasing the number of zero-emission vehicles on the roads.
Officials said they expect some countries to announce more ambitious climate targets as part of the landmark agreement reached in Paris in 2015.
But the Russian invasion of Ukraine has scrambled Biden’s climate goals by driving up the price of gasoline.
Facing political pressure to rein in prices in a year of midterm elections, the Democratic president has urged U.S. oil refiners to produce more fuel.
Biden is also expected to visit Saudi Arabia next month.
The White House recently praised the kingdom after OPEC+ announced it would pump more oil to boost global supply.

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