The United States showed a promising decline in carbon emissions in 2023, despite economic growth, indicating a move towards a more sustainable future. Greenhouse gas emissions dropped by approximately 1.9% according to Rhodium Group’s preliminary analysis, tracking progress towards U.S. climate goals. The economy saw a growth of about 2.4%.
Ben King, an associate director at Rhodium Group, expressed that while this slow reduction in emissions shows progress, it also highlights the need for greater ambition in government and industry to achieve America’s climate goals.
The Biden administration aims to reduce emissions by 50% to 52% by 2030, an ambitious target considering that emissions are currently 17% lower than in 2005, following fluctuations in recent years.
King emphasized the necessity of tripling the 2% reduction in emissions achieved in the past year annually until 2030 to meet the Paris goals, which set limits on global warming to below 2 degrees Celsius. He mentioned that these goals require significant global leadership and effort from governments worldwide, as the pace of efforts to limit global warming remains insufficient according to a November report from the Stockholm Environmental Institute.
While certain sectors like power and buildings contributed to the emissions decline in 2023, others like transportation and industry saw an increase. Efforts to electrify these areas through policies like the Controlled Inflation Act are beginning to take effect, with record-high electric vehicle sales in 2023.
However, King noted that broader climate action may depend on the outcome of the 2024 presidential election.
“To do something more ambitious than just stay on track, we need an executive branch that is committed to climate action and a Congress that stands out from the crowd. We don’t have high hopes for large-scale, comprehensive climate action for 2024, but we will need to see some progress after 2025,” King concluded.
Source: www.nbcnews.com