The US remains off track for the steep greenhouse gas emissions cuts promised by 2030 under the Paris accord despite the Biden administration’s sweeping green subsidies and new climate rules, the latest analysis shows.
The US, historically the world’s biggest polluter, has significantly reduced emissions under President Joe Biden but it will still fall short of the pledge to eliminate at least 50 per cent by the end of the decade, compared with 2005 levels, according to independent research from Rhodium Group.
The US was likely to achieve emissions cuts of between 32 per cent and 43 per cent below 2005 levels by 2030, and then accelerate to reach in the range of a 38-to-55 per cent cut by 2035, Rhodium found. A previous report found the Biden measures would help put the cuts in the range of 37 per cent to 42 per cent by 2030.