BloombergNEF: U.S. Falling Behind on Its Climate Goals; Faster Adoption of Low-Carbon Technologies Needed to Get It on Track
September 26, 2024
September 26, 2024
LONDON, England, Sept. 26 (TNSres) -- BloombergNEF, a part of Bloomberg, issued the following news release:
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* US set to cut just 22% of its emissions by 2030 at its current pace of decarbonization, rather than the 50% required to be on track to meet its Paris Agreement goals
* Net zero in the US by 2050 requires 20% more investment than what's seen in BNEF's base case
* Electrification emerges as the most cost-effective way to decarbonize . . .
* * *
* US set to cut just 22% of its emissions by 2030 at its current pace of decarbonization, rather than the 50% required to be on track to meet its Paris Agreement goals
* Net zero in the US by 2050 requires 20% more investment than what's seen in BNEF's base case
* Electrification emerges as the most cost-effective way to decarbonize . . .