(Washington, DC) -- President Biden is reportedly setting a new goal for the U.S. to slash greenhouse gas emissions in half by the end of the decade. Biden is expected to unveil the new pledge on Thursday at a virtual climate summit with more than three dozen world leaders. The Biden administration wants to reduce emissions by decarbonizing the country's energy sector to phasing out gas-powered vehicles. The new pledge is nearly double that of the emissions target set by the Obama administration when it committed to the 2015 Paris climate agreement.