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Taking Stock 2017: Adjusting Expectations for US GHG Emissions

Taking Stock 2017: Adjusting Expectations for US GHG Emissions

Full Title: Taking Stock 2017: Adjusting Expectations for US GHG Emissions
Author(s): Kate Larsen, John Larsen, Whitney Herndon, Shashank Mohan, & Trevor Houser
Publisher(s): The Rhodium Group
Publication Date: May 1, 2017
Full Text: Download Resource
Description (excerpt):

Since 2014, Rhodium Group has provide an independent annual assessment of US greenhouse gas (GHG) emissions and progress towards achieving the country’s international climate commitments. In this, our 2017 “Taking Stock” report, we update our forecast to include policy changes under the Trump Administration, new EPA GHG inventory estimates, and energy market and technology developments over the past year. We find that under current policy, the US is still set to come within striking distance of its Copenhagen target of a 17% reduction below 2005 levels by 2020. But absent new policy (whether at the federal or state and local level), the US is on course for a 15-19% reduction in GHG emissions by 2025 – considerably short of its 26-28% commitment under the Paris Agreement. There is still time to correct course, whether at the subnational level over the next couple years or through new federal policy a little further down the road. But with President Trump’s election, it will certainly be a tougher lift.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

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