President Biden is increasing the United States' emissions reduction goal for the next decade, but the green energy push could be hindered by the incoming administration under President-elect Trump.

In 2021, Biden set a climate target for the U.S. to reduce greenhouse gas emissions 50-52% from 2005 levels by 2030.

However, under the Paris climate agreement, which the U.S. is currently enrolled in, each country is required to submit their contribution to reducing global emissions every five years under the Nationally Determined Contribution (NDC).

In his final contribution to the global climate change agreement under the NDC, Biden on Thursday set a new goal to reduce even more emissions within the next decade – but Trump has suggested initiating a potential withdrawal from the global climate treaty.

SIX HOUSEHOLD APPLIANCES THAT HAVE TAKEN HEAT FROM BIDEN'S CRACKDOWN ON REGULATIONS

Biden's new target, which was formally submitted to the United Nations Climate Change secretariat, seeks to reduce emissions 61-66% by 2035.

A POTENTIAL SECOND WITHDRAWAL FROM PARIS CLIMATE TREATY UNDER TRUMP COULD LOOK DIFFERENT THAN FIRST US EXIT

During his campaign, Trump told Politico that he would be in favor of withdrawing from the treaty when he assumes office, which could impact the new climate goal.

The Paris climate agreement was established at the U.N. Climate Change Conference in 2015 as a legally binding treaty among nearly 195 parties committed to international cooperation on climate change. 

The U.S. first entered into the agreement under former President Barack Obama in 2016, but was withdrawn under Trump in 2020.

If Trump chooses to withdraw from the agreement a second time, it could occur at a faster pace than the first.

Trump also has the option to submit the treaty to the Senate for advice and consent, which would require a two-thirds vote for the U.S. to rejoin the climate agreement – creating a potential hurdle for future administrations seeking to reenter the accord.

• Russia's railway industry is in the midst of a big downturn, according to one Russian research firm.
• Investment in Russia's railways is being slashed by nearly a third next year, TASS reported.
• It complicates Russia's trade with China, which has relied partly on rail transport.

One of Russia's key trading channels with China is facing serious snags. That's a result of burdens stemming from Russia's war-driven economy, which have fueled a big slowdown in the nation's rail industry — a vital means of trade between Moscow and Beijing.

Russia's rail industry is in its worst slowdown since the Great Financial Crisis, with the downtrend "still going strong," according to an analysis from the Russian research firm MMI Research. Freight volume transported by Russian Railways, Russia's state-owned rail system, slumped 5% in the first 11 months of 2024 compared with the same period last year, according to MMI data cited by Bloomberg.

The slowdown is driven in part by Russia's need to ship war-related materials, which have worsened supply bottlenecks and slowed the trade of key commodities, like coal and aluminum, the outlet reported.

Investment in Russia's railroads is also being slashed, partly due to high interest rates in the nation, according to a report from the state-owned news agency TASS. Russian Railways said it would earmark just 890 billion rubles, or $8.5 billion, for its investment program next year, a 30% cut from investment in 2024, TASS reported.

The firm is mulling whether it should cut investment by another third through the end of the decade, the Russian outlet Kommersant reported. Russian Railways did not immediately respond to a request for comment from Business Insider.

The changes spell bad news for Russia's trade with China, which has leaned on railway transport amid Western sanctions. Russia poured billions into its railways earlier this year partly to accommodate its increased trade with China.

The changes also speak to the growing costs of Russia's war against Ukraine, which have produced myriad economic problems for Moscow.

Russia's central bank raised interest rates to a record 21% earlier this year in an effort to lower sky-high inflation. The bank kept interest rates level in their policy decision last week, due to concerns about "excessive cooling" in Russia's wartime economy, according to the nation's top central banker.

Today’s 9to5Toys Lunch Break is headlined by a surprise Best Buy 48-hour flash sale with deals still shipping by tomorrow, including a $350 price drop on Samsung’s 256GB unlocked Galaxy S24 Ultra. We also spotted a whopping $460 off Microsoft’s Surface Pro 11 Snapdragon Copilot+ PC keyboard bundle, the ASUS ROG Ally X gaming handheld back at Black Friday pricing, a new Amazon low on the wonderful Sony XM5 Wireless ANC Headphones, and we have our exclusive discount on the new Arc Pulse bumper cases for the Pixel 9 lineup. All of that and more awaits below. 

According to a report out of Korea, Samsung is cutting down significantly on its plans for 2025 Galaxy foldables as it reflects on the Galaxy Z Fold 6 and Flip 6, which ultimately failed to meet expectations.

From now through December 31, save 20% on all 9to5Mac Daily Plus, 9to5Mac Happy Hour Plus, and 9to5Mac Pro annual subscriptions with promo code HOLIDAY! Visit 9to5mac.com/join to sign up.

Benjamin and Chance reflect on Apple’s 2024 products, focused on all the product announcements from the past twelve months. From the lows of AirPods Max to the highs of M4 iPad Pro, and the mixed reception to Apple Vision Pro. We break it all down in our last episode of the year.

And in Happy Hour Plus, we talk about what we are most excited for in 2025 as rumors swirl for the iPhone 17 lineup and Apple’s deeper foray into the smart home. Subscribe at 9to5mac.com/join.

While we are coming down to the wire now for holiday shipping, Best Buy has launched a surprise 48-hour flash sale with deals still arriving by tomorrow. And one of them is the best deal ever on the most affordable M4 MacBook Pro with 24GB of RAM at $300 off the list price. That offer joins up to $169 in savings on AirPods Max, ongoing 2024 lows on AirTags, a 50% price drop on Twelve South’s metal Curve SE MacBook stand, Bose and Sony headphones, plus even more. Scope it all out down below.