This chart presents total net greenhouse gas reductions achieved by the APA, the CLEARA and the ACESA relative to U.S. historical and projected emissions under the three reduction scenarios..
Since 195 countries adopted the Paris Agreement in December 2015, many countries are starting to implement their climate commitments or “nationally determined contribution” (NDC). But many developing countries lack the tools to measure, report and verify progress on their climate commitments and actions. The Initiative for Climate Action Transparency (ICAT) was launched today in response to calls for support from countries for improved transparency and capacity building related to the Paris Agreement.
Today, the U.S. Supreme Court temporarily halted implementation of the Clean Power Plan, as an appeals court considers an expedited legal challenge from states, corporations and industry groups. The ruling is not based on the merits of the plan, which will be heard in court later this year.
Because the Paris Agreement is a universal, legally binding agreement to tackle climate change under international law, it joins other such agreements as the highest expression of political intent and will. That sends a strong signal to corporations, planners, investors and others that governments will enforce climate policies.
Under the U.S. Clean Power Plan, Pennsylvania must reduce power sector emissions by 24-25 percent below 2012 levels by 2030. New analysis shows the state's existing clean energy policies and opportunities to make better use of existing power plans could get it more than halfway to that emissions target.
Putting a price on carbon can be an effective policy to spur innovation, create lasting economic growth, and help the United States achieve its carbon reduction goals.
As the federal government gets started implementing a national Climate Action Plan, the country’s boldest state-level experiment is making strong progress. Yesterday, California announced the results of its latest auction of carbon pollution permits, completely selling out of its permits for future carbon pollution for the first time. The increased demand for these pollution permits reflects an encouraging development: Confidence in California’s climate action program is growing, and its long-term future is becoming more and more certain.
Bringing together some of the world’s foremost economic experts to contribute to the global debate about climate change and economic policy, and to inform government, business and investment decisions.
Building support for climate change action by ensuring policy makers, media and citizens are aware of local U.S. climate impacts.