Biden Climate Remarks Shortly, WH Intends To Meet Emissions Targets

President Biden has touched down in Massachusetts where he was greeted by a contingent of MA lawmakers including Sen. Elizabeth Warren (D-MA).

• Biden is due to outline executive actions on climate in a speech on climate from a decommissioned coal power plant in Somerset, Massachusetts in approximately one hour.
• Livestream here:https://www.youtube.com/watch?v=kqai2X-7bzg&featur...
• More info in bullet at 14:04 BST:https://marketnews.com/14-45-et-19-45-bst-presiden...
• National Climate Advisor Gina McCarthy previewed Biden remarks aboard Air Force 1, saying the White House will fund new cooling centers to help the vulnerable.
• On the prospect of declaring a climate emergency, McCarthy said Biden and the White House are still researching the option but declined to elaborate further on when to expect a decision.
• McCarthy says the White House still intends to meet emissions targets even without Congress passing legislation.
• A statement from the White House reads: "President Biden will announce his latest set of executive actions to turn the climate crisis into an opportunity, including protecting communities facing extreme heat with additional FY22 funding for FEMAs Building Resilient Infrastructure and Communities (BRIC) program and additional guidance to support the Department of Health and Human Services Low Income Home Energy Assistance Program (LIHEAP)."
• "The President ran on fighting the urgent economic and national security threat of climate change, and todays actions will be a continuation of the decisive steps on climate that the President has taken since day one."