Sec. 501. North American Strategy

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The President shall develop a strategy to seek opportunities for trilateral cooperation between the United States, Mexico, and Canada— to support increased ambition on reducing greenhouse gas emissions among these countries; and to advance collaboration on the development and promotion of shared climate action goals and interests within multilateral bodies and conferences, including aligning, to the extent possible, the voices, votes, and influence, consistent with the broad foreign policy goals of the United States, to address issues related to climate change and clean energy development. The strategy described in subsection

(a)shall include efforts— to ensure that potential projects and investments pursued under the United States-Mexico-Canada Agreement— are compatible with long-term climate goals and the collective targets established under the Paris Agreement; and meet all environmental and social responsibility standards required under the USMCA; to explore shared and common interests and cooperative actions to promote clean energy development, climate security, and climate change mitigation strategies within institutions (such as the UNFCCC, the Montreal Protocol, the Green Climate Fund, the Group of Twenty and the United Nations) with programs, initiatives and actions to address the climate crisis that may include— providing support in developing mid-century low-carbon strategies; extending coal finance restrictions to coal mining operations; and strengthening and expanding carbon pricing by— considering the cost of carbon in long-term decision making; supporting the development of national or subnational systems; sharing technical expertise; and making efforts to align pricing instruments where feasible; to commit to a methane reduction goal and cooperate to reduce black carbon and to recommit to the formal agreement reached at the June 2016 North American Leaders Summit in Ottawa to reduce methane emissions from the oil and gas sector by 40 to 45 percent by 2025, and to work to develop a new, more ambitious target for 2030; to develop and implement a North American strategy for sustainable transportation— to encourage State and provincial leaders to negotiate interstate and interprovincial sustainable transportation agreements between Mexican, American, and Canadian jurisdictions; to expand the West Coast Electric Highway between Canada, the United States, and Mexico; and to work with automakers to standardize charging infrastructure; to develop and implement coordinated forest and land use strategies to further contribute to emissions mitigation through the adoption of practices and policies that increase carbon sequestration in new and existing forests and reduce emissions from forest conversion to other land uses; to strengthen resilience and equity among low-income and indigenous communities; and to engage international partners in an existing multilateral forum or, if necessary, establish a new multilateral forum to improve global cooperation by— encouraging the adoption of an emissions reduction target by the International Maritime Organization; and collaborating with the International Civil Aviation Organization to establish a market-based measure to reduce aviation emissions.