Current:Home > InvestThe U.S. could slash climate pollution, but it might not be enough, a new report says -DataFinance
The U.S. could slash climate pollution, but it might not be enough, a new report says
View
Date:2025-04-17 20:43:03
The United States is poised to make much deeper cuts to the pollution that's fueling global warming than it was even a couple years ago. That's largely because of the billions of dollars the country is spending on green technologies through the Inflation Reduction Act (IRA), which Congressional Democrats passed last summer, according to a new report from Rhodium Group.
The research firm says that by 2030, the U.S. could lower its greenhouse gas emissions by 29% to 42%, compared to 2005 pollution levels. At the start of the Biden administration, Rhodium Group analysts said it looked like the country would only be able to cut its emissions by about a quarter, at most. The changed outlook reflects expectations that huge investments by the federal government will make things like renewable energy and electric vehicles a lot more affordable.
But big barriers still stand in the way. Companies that build wind and solar plants often struggle to get projects permitted by local governments because of public opposition. And there are long waiting lines to plug in power plants and batteries to the country's electric grids. To make the kinds of emissions cuts that the Rhodium Group says are possible, the U.S. will have to at least match its best-ever year for wind and solar development, and it will have to do it year after year.
And even if everything goes right, it still won't be enough to deliver on a pledge the U.S. made under the 2015 Paris Agreement to cut its emissions in half by the end of this decade. Meeting that target will require even more aggressive actions by states and the federal government, Rhodium Group says.
"You're gonna need to figure out how to build out a whole bunch of wind and solar, get a bunch of electric vehicles on the road and that kind of thing," says Ben King, an associate director in the firm's energy and climate practice.
"The IRA is the push, the economic push that you need, and you just gotta clear the way for it and not let it encounter so many headwinds," King adds.
A recent report from the United Nations warned that the world is running out of time to keep temperatures from rising to levels that could be catastrophic for many places. The Earth is already nearly 2 degrees Fahrenheit warmer than it was in the late 1800s, and it's on track to exceed 5 degrees Fahrenheit of warming by the end of the century, according to the U.N. Beyond about 2.8 degrees Fahrenheit of warming, storms, heat waves and other climate impacts become far more destructive.
Limiting the rise in global temperatures will require an international response. But as the largest historical contributor to climate change, the U.S. "needs to lead that effort," says Aiguo Dai, a professor of atmospheric and environmental science at the University of Albany.
"If the U.S. can start cutting down the emissions, steadily year over year, decade over decade, then we are on the right path to limit global warming," Dai says.
However, scientists say time is of the essence. At the slow current pace countries are cutting emissions, warming is on track to trigger runaway impacts that could lead to permanent changes in the Earth's ecosystems.
"If we cut it too [slowly], it could be difficult to avoid catastrophic warming in the near future," Dai says.
veryGood! (5282)
Related
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Save an Extra 25% on Abercrombie & Fitch’s Chic & Stylish Activewear, with Tees & Tanks as Low as $25
- Banana Republic Factory Has Summer Staples For Days & They're All Up To 60% Off
- Anthony Edwards, Minnesota Timberwolves roll over Phoenix Suns in Game 1
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Theater Review: ‘Stereophonic’ is a brilliant ‘Behind the Music’ play on Broadway
- Tennessee schools would have to out transgender students to parents under bill heading to governor
- Man who won primary election while charged with murder convicted on lesser charge
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Why FedEx's $25 million NIL push is 'massive step forward' for Memphis Tigers sports
Ranking
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Morgan Wallen ‘not proud of my behavior’ after allegedly throwing a chair off Nashville rooftop
- Lama Rod describes himself as a Black Buddhist Southern Queen. He wants to free you from suffering.
- Former resident of New Hampshire youth center describes difficult aftermath of abuse
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Devin Haney vs. Ryan Garcia: Predictions, how to watch Saturday's boxing match in Brooklyn
- A man escaped Sudan’s bloody civil war. His mysterious death in Missisippi has sparked suspicion
- You Can Watch Taylor Swift and Post Malone’s “Fortnight” Music Video With a Broken Heart
Recommendation
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
How Blacksburg Books inspires its Virginia community to shop local
Camp Lejeune Marine dies during training exercise, prompting investigation
Tesla recalls nearly 4,000 Cybertrucks due to faulty accelerator pedal
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
NBA games today: Everything to know about playoff schedule on Sunday
Trump forced to listen silently to people insulting him as he trades a cocoon of adulation for court
Devin Haney vs. Ryan Garcia: Predictions, how to watch Saturday's boxing match in Brooklyn