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The US will have to do more on climate change

Joe Biden
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Joe Biden proposed a 21% global minimum tax as part of his corporate tax overhaul

Business Standard Editorial Comment
The two-day virtual climate summit, hosted by US President Joe Biden and attended by dozens of leaders from across the world, performed at least one important function: It revealed that the obstructionist attitude of the previous US administration when it came to global cooperation on climate change was indeed a thing of the past. Mr Biden’s predecessor had taken the US out of the Paris Accord and gutted various domestic regulations aimed at controlling carbon emissions. Mr Biden and his climate ambassador, former secretary of state John Kerry, did at least manage to convey that things have changed. They also

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