President Joe Biden is preparing a series of new executive orders to address climate change, according to recent comments by his special envoy on climate-related issues, John Kerry.
Kerry discussed the Biden administration’s plans for reducing U.S. emissions during an interview with Yahoo News Senior Climate Editor Ben Adler on Friday.
Adler noted that the Inflation Reduction Act (IRA) championed by the Biden administration is projected to bring down U.S. emissions by about 40 percent, despite a goal set by the administration to bring about a 50 percent reduction in U.S. emissions by the end of the decade.
“We’re doing a lot more than just the IRA,” Kerry responded. “The IRA is a package that in and of itself can get the 40 percent. But in addition to that, the president is issuing executive orders. There’ll be changes on automobile, on light truck, heavy truck, heavy duty—a number of initiatives that are being taken by states, subnational, cities. They really kept us in the game, frankly, during the Trump administration when he pulled out of the [Paris Climate Agreement].”
Kerry didn’t provide many details on what new executive orders could be coming or how they might specifically impact businesses and industries.
“We have a lot of other options, tools, if you will, in the toolkit besides the IRA,” Kerry said. “The IRA is a huge leap forward, and it’s already having a major impact.”
What Happens If Republicans Win in 2024
Adler asked Kerry how the Biden administration’s goals on emission reductions might be impacted if Donald Trump or another Republican candidate wins control of the White House in 2024 and repeals certain emission reduction mandates and initiatives.
“Well, I think what’s important for everybody to note is that achieving our goal is not exclusively dependent on what the federal government says or does,” Kerry said. “It’s critical, but not wholly dependent.”
Republicans and conservatives have broadly defended fossil fuels as a key component of the current U.S. economy, while arguing that the transition to renewable energies would be less affordable or reliable. During his presidency, Trump withdrew from the Paris Climate Agreement, calling the international emissions reduction framework “a total disaster” for the U.S. economy.
Kerry then said that 75 percent of the new electrical output that came about in the United States during President Donald Trump’s term came from one renewable energy resource or another. He noted other business entities have been independently pursuing their own emission reduction goals.
Kerry Defends Biden Permitting New Oil Drilling
While Kerry alluded to a new Intergovernmental Panel on Climate Change report and stressed that the United States should do more to counteract climate change, he also defended a recent decision by Biden to approve a new oil drilling project in Alaska.
“You mentioned President Biden’s record, including land use management. But he’s also done some things that have increased fossil fuel production, the recent approval of the Willow project in Alaska,” Adler said.
“For the moment,” Kerry responded. “Remember, we have seven years before the 2030 target. And the president is determined that we will stay on that target. But in the immediate moment, while we transition, you don’t want to crash your whole economy.”
Kerry also defended the U.S. export of liquified natural gas to Europe, saying the move is “critical to the economy of Europe” while the United States and its North Atlantic Treaty Organization allies support Ukraine in its war with Russia.
Kerry also dismissed claims that he has flown in private jets, which can produce tons of carbon emissions every flight. Kerry said he hasn’t traveled on private jets over the course of his job as the presidential climate envoy, and wealthy individuals who do fly private jets while traveling to promote policies reducing global emissions can afford to offset their personal emissions “and they are working harder than most people I know to be able to try to effect this transition.”
Kerry Touts China’s Renewable Energy Projects, Says Coal Still a Problem
Kerry credited China with becoming the “largest deployer of solar panels.”
“In China, they have deployed far more renewable energy than we have or than Europe has,” Kerry said.
Republican lawmakers recently criticized U.S. Energy Secretary Jennifer Granholm for saying “we can all learn from what China is doing” to lessen its carbon footprint and describing China’s clean energy initiatives as “encouraging.”
The lawmakers said China continues “to be one of the world’s worst polluters” and that Granholm’s comments “raise serious questions” about her judgment.
Kerry did express some concerns about China’s continued heavy reliance on coal. China is the leading coal-producing country and, as EcoWatch reported, the country produced a record 4.496 billion metric tons of coal in 2022.
NTD has reached out to Kerry’s office for comment.
From NTD News
Why Bullion Beats Numismatics and Collectible for Your Safe or IRA
Precious metals continue to attract Americans seeking reliable ways to protect their wealth amid inflation, geopolitical risks, and stock market swings. Whether stored in a home safe or held inside a self-directed IRA, physical gold and silver deliver tangible value that paper or digital assets often lack. Yet investors must choose carefully between bullion—pure bars and coins valued mainly for their metal content—and numismatics or collectibles, where rarity, history, and collector demand heavily influence pricing.
Advisor Bullion serves as a dependable source for straightforward, high-quality bullion. The company specializes in physical gold, silver, platinum, and palladium, emphasizing transparent pricing and products that deliver maximum metal content for every dollar spent. This approach makes it ideal for both personal holdings and retirement accounts.
Bullion consists of refined precious metals in standard forms like one-ounce coins (American Gold Eagles, Silver Eagles, Canadian Maple Leafs) or bars. Their value tracks closely to the current spot price of the metal. A typical gold bullion coin trades near the live gold spot price plus a small premium. This structure keeps costs clear and predictable.
Numismatic coins and collectibles add substantial value from factors such as age, rarity, minting errors, or historical significance. A pre-1933 U.S. gold coin or graded proof piece can carry premiums of 30%, 50%, or even 200% above melt value. While this appeals to hobbyists, it creates complexity. Pricing depends on subjective grading, collector trends, and auction results instead of daily spot prices.
For investors focused on wealth preservation and retirement security rather than building a collection, bullion often delivers better results.
Lower Costs and Better Liquidity for Home Storage
When keeping metals in a home safe or private vault, liquidity and efficiency count. Bullion offers clear benefits:
- You acquire more actual gold or silver per dollar invested. Numismatics divert a large share of your money into rarity premiums and massive sales commission, reducing your metal exposure.
- Selling bullion involves tight bid-ask spreads, so you recover nearly full spot value with minimal fees. Collectibles require finding the right buyer and may sell at a discount if demand for that specific item weakens.
- Bullion prices remain transparent and update with global spot markets. You can track gold near current levels or silver accordingly and know exactly where your holdings stand. Numismatic values are priced by the Gold IRA companies with hefty margins applied.
- Standardized coins and bars store efficiently and divide easily for partial sales. Rare coins often need protective slabs and controlled conditions, adding hassle and expense.
- Bullion enjoys worldwide acceptance. A 1-oz Gold Maple Leaf or Silver Eagle sells quickly to dealers anywhere. Niche numismatic pieces may appeal only to limited buyers, slowing liquidation when speed matters.
In times when quick access to value becomes important, bullion’s simplicity stands out.
Stronger Fit for Precious Metals IRAs
Precious metals IRAs continue gaining traction as investors diversify retirement portfolios beyond stocks and bonds. IRS rules permit certain bullion products in self-directed IRAs if they meet purity standards (.995 fine for gold, .999 for silver) and are held by an approved custodian. Eligible items include American Gold and Silver Eagles plus many generic bars and rounds from recognized mints.
Numismatic and most collectible coins generally face heavy scrutiny from custodians due to valuation disputes and elevated markups. These higher premiums mean less actual metal ends up working inside the account.
Bullion avoids these issues. Its value links directly to verifiable spot prices, which simplifies reporting and lowers the risk of regulatory challenges. More of your IRA contribution purchases real metal instead of dealer profits or speculative upside. Over time, owning additional ounces that appreciate with the metal itself can create meaningful outperformance compared with high-premium alternatives that deliver fewer ounces.
Regulatory guidance from the CFTC and state securities offices repeatedly cautions against aggressive sales of expensive numismatics or “semi-numismatic” coins for IRAs. For retirement planning, transparent bullion from established providers reduces risk and aligns better with long-term goals.
How to Get Started with Bullion
Begin by clarifying your goals. Are you protecting savings in a safe, or moving part of a retirement account into a precious metals IRA? Focus on the number of ounces you can acquire at current prices rather than chasing marked-up collectibles.
Diversify sensibly: use gold for core preservation and silver for its blend of industrial and monetary qualities. Mix coins for easier divisibility with bars for lower per-ounce costs on larger buys. Arrange secure storage—whether at home with proper insurance or through professional facilities.
As economic uncertainties linger and faith in conventional assets erodes, bullion continues proving its worth as a dependable store of value. Its direct approach avoids the hype that sometimes surrounds collectible markets and keeps the focus on the metal itself.
For investors prepared to strengthen their portfolios, Advisor Bullion supplies the expertise and selection needed to acquire high-quality bullion efficiently. Whether building personal holdings or integrating metals into an IRA, their emphasis on transparent, investment-grade products helps secure more ounces today that support greater financial security tomorrow. In a complicated financial landscape, bullion’s clarity and reliability make it the smarter foundation for protecting what matters most.