Article 519XQ $2tn US coronavirus relief comes without climate stipulations

$2tn US coronavirus relief comes without climate stipulations

by
Emily Holden in Washington
from on (#519XQ)

Airlines get $60bn bailout, but Pelosi's proposal on halving of emissions by 2050 not included

A $2tn US coronavirus relief package will dole out billions to struggling airlines and offer low-interest loans that fossil fuel companies could compete for - without requiring any action to stem the climate crisis.

The legislation, passed by the Senate late on Wednesday, includes a $60bn bailout for airlines. Nancy Pelosi, the leader of the Democrat-controlled House, had proposed a requirement for airlines to cut their planet-warming emissions in half by 2050, but that provision is not in the bill.

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