December 24, 2024

Paris Agreement

The White House
Biden Sets New US Emissions-reduction Target of 61-66% by 2035
As he prepares to leave office, President Joe Biden has submitted a new U.S. emissions-reduction target to the U.N., committing the country to cutting its greenhouse gas emissions economywide by 61 to 66% below 2005 levels by 2035.
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US Governors, Mayors to Pledge Ongoing Climate Action at COP29
President Biden and Vice President Harris will not travel to Azerbaijan for COP29, but a group of U.S. mayors, governors and corporate leaders is carrying a message of continued commitment to the goals of the Paris Agreement.
Rhodium Group
Rhodium: US Accelerating Reductions in GHG Emissions
The Rhodium Group’s annual update of its "Taking Stock" report finds that U.S. GHG emissions were 18% lower in 2023 than in 2005 and estimates they will be 32 to 43% lower in 2030.
EPA
EPA: US GHG Emissions Rose 1.3% in 2022
The topline figures from EPA’s new inventory of U.S. greenhouse gas emissions from 1990 to 2022 show the country’s slow and uneven progress toward President Joe Biden’s goal of cutting emissions by 50 to 52% below 2005 levels by 2030.
United Nations
COP28 Leaders Divided on Role of Fossil Fuels in Energy Transition
Earth is living through its hottest year on record, and global efforts to curb human-generated greenhouse gas emissions driving those high temperatures are not keeping up with commitments to cut emissions.
S&P Global
As COP28 Begins, Experts Say Paris Agreement Targets Are Out of Reach
Hydrocarbons are not going away anytime soon despite growing climate financing and escalating renewables deployment, industry analysts said.
Shutterstock
DOE Offers $3.5B for Domestic Battery Manufacturing, $444M for Carbon Storage
DOE announced a pair of funding opportunities for battery manufacturing and carbon storage designed to spur grid storage, electrification and emission reductions.
United Nations
UN Report Calls for Quicker Global Emissions Reductions
The United Nations' global stocktake report showed that while some steps have been taken on climate change, more work is needed and soon to avoid its worst impacts.
Rhodium Group
IRA Gets US Emissions Close to Pledged Levels, Report Finds
The IRA is pushing carbon cuts like no other enacted policy in the U.S.,  but more needs to be done to meet the international pledges from the Paris Agreement, Rhodium Group said in a report.
Gov. Joe Lombardo
Nevada Exits US Climate Alliance
Nevada Gov. Joe Lombardo withdrew the state from the U.S. Climate Alliance, citing a conflict between their goals and his regarding Nevada's energy portfolio.

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