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The Guardian - UK
The Guardian - UK
Business
Larry Elliott

We bailed out the banks but we’re not prepared to bail out the planet

Illustration from an undated woodcut of Roman emperor Nero
The Roman emperor Nero plays on his harp while Rome burns. To Joe Biden’s critics, he’s doing the same thing. Photograph: Bettmann Archive

Like many other politicians, Joe Biden talks a good game about the need to tackle global heating. Climate change is an “existential threat”, the US president said last week, as America sizzled amid record-breaking temperatures.

Biden had to do something in response to what António Guterres, the UN secretary general, described as the boiling of the planet. The White House announced a series of measures – such as improved access to drinking water and planting more trees – in response to what has been the hottest month on record.

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