John Kerry, the U.S. special presidential envoy for climate, will leave the administration later this winter, and plans to help President Biden's campaign, Axios has learned.
Why it matters: Kerry, 80, thinks Biden's reelection is the "single biggest" difference that can be made this year for climate progress at home and globally, a source close to the administration told Axios.
What's happening: Kerry — former Secretary of State and chairman of the Senate Foreign Relations Committee, and the Democratic nominee for president in 2004 — plans to help tell the climate story in the context of Biden's campaign.
Kerry is working with White House Chief of Staff Jeff Zients on transitioning out of government in the coming months (before spring).
What we're hearing: Kerry met with Biden in the Oval Office on Wednesday to catch up after last month's historic COP28 climate summit in Dubai.
In the conversation, Kerry emphasized his gratitude for the assignment, his belief that Biden has amassed a trailblazing climate record at home and globally, and his excitement about the difference renewed U.S. leadership has made globally over the past three years, the source said.
The big picture: Kerry faced a formidable challenge since his appointment was announced in November 2020, alongside Biden's core national security team.
He needed to reestablish U.S. credibility on climate change after the Trump administration backed out of the Paris Agreement.
Kerry brought a rare stature and deep experience to the job: He's able to meet with world leaders as well as fellow climate envoys, and has been involved in this issue since his time as a senator.
Kerry's successor will encounter a world that's increasingly skeptical about U.S. climate commitments in the run-up to the election.
The intrigue: Kerry was a leading voice in the administration in favor of engagement with China, the world's top emitter.
He sought to separate climate policy from the myriad issues souring relations between the two countries, with mixed success due to geopolitical headwinds.
Kerry argued that no climate solution could be effective without the participation of the top two emitters.
The intrigue: Kerry's longtime Chinese counterpart, Xie Zhenhua, who was brought out of retirement when Biden named Kerry to the post, just retired again. Xie's plans prompted speculation about Kerry's future.
The countries found the most fertile common ground in addressing methane emissions, a powerful but short-lived greenhouse gas.
Zoom in: Under the jet-setting Kerry, the U.S. joined a COP26 global agreement to set up a fund that would compensate developing nations for climate change-related damage, and the non-binding COP28 outcome of moving away from a fossil fuel-based energy system.
But Kerry couldn't offer large monetary commitments for climate aid, since the Republican House controlled the purse.
So he focused on scaling up private-sector funding for climate action, arguing that national governments lack the money needed to fully address the problem.
What's next: Kerry will stay on the job full-time through his exit.
He's part of the U.S. delegation to next week's World Economic Forum in Davos, where he'll expand the First Movers Coalition he founded.
The coalition unites 85+ of the world's largest companies behind 100+ specific purchase commitments. That "demand signal" totals over $13 billion — the highest dollar-value commitment to emerging clean fuels and products in world history.
A powerful storm that hit the central and eastern parts of the country led officials to move Sunday's NFL playoff game in Buffalo, N.Y., between the Bills and Pittsburgh Steelers, to Monday.
Driving the news: New York Gov. Kathy Hochul declared a state of emergency Friday, with the storm expected to bring life-threatening conditions and power outages Saturday, according to the National Weather Service.
Threat level: The storm's hazards are multifaceted, from "life-threatening" blizzard conditions in Iowa to powerful winds that may cause damage in at least a dozen states.
Climate scientists lack an explanation for why 2023 was the world's hottest year by such a large margin, calling the records revealed Friday "astonishing."
Why it matters: Without an adequate explanation for 2023's record global temperatures, scientists could be missing a shift in the climate system that would call into question their projections of future climate change.
BlackRock, the world's largest asset manager, on Friday announced a $12.5 billion agreement to acquire Global Infrastructure Partners.
Why it matters: This appears to be the richest acquisition ever of a private equity firm, even if BlackRock views GIP as more of an infrastructure owner/operator than a traditional PE shop.
