In other news, the European Union has opened the doorway to a possible truce regarding Trump's tariffs on foreign metal that are still in place by suspending a planned increase in retaliatory tariffs.
Meanwhile, the Biden administration is planning to distribute at least 80 million doses of coronavirus vaccine to narrow disparity in other countries.
Finally, Washington is making it a law that businesses must transition into carbon neutrality.
Washington Gov. Jay Inslee is set to sign a law today mandating that a broad swath of industries essentially eliminate greenhouse gas emissions by 2050. The new standards, the most aggressive in the nation, will go into effect in 2023.
The Climate Commitment Act sets a cap on greenhouse gas and creates a market where polluting industries buy and sell credits from the state for every ton of greenhouse gas they emit. Over time the state will reduce the numbers of credits it sells, forcing polluters to adapt or compete for a dwindling number of allowances. Businesses that have to buy and sell in the new marketplace include refineries, manufacturers, and power companies. Agriculture is exempted.